EGP3,974,400
Studio
1 Bathroom
50 sqm / 538 sqft
APARTMENT FOR SALE IN GLEE, QESM BORG EL ARABStudio for sale in North Coast
Studio in a prime exceptional location in the North Coast, first plateau directly on the sea with fully open Sea View and no obstructions, in one of the strongest demand and investment areas on the coast.
The project is developed by Tharaa Developments, within a luxury resort community that combines a prime location with strong investment potential, with hotel operation under agreement with Hilton Hotels & Resorts, significantly increasing the unit value and expected rental yield.
The project is under construction, with delivery in approximately 3.5 years, offering an early-stage entry price before expected price increases in the North Coast market in the coming years.
Unit details:
Area: 50 sqm
Second floor
Fully finished super lux
First row on the sea
Price:
After discount: 3,974,400
This is an early-stage entry price in a first-row sea project, considered below the current market average for the same category, especially with the location and hotel operation.
The current discount is a strong competitive advantage in a project of this level, making this a real investment opportunity before further price increases with construction progress.
Payment plans:
5% down payment + 5% after 3 months
Installments up to 8 years
OR
10% down payment + 10% upon delivery
Installments up to 10 years
Investment highlights:
First row directly on the sea (highest real estate value on the coast)
Fully open Sea View
Hotel operation increasing rental returns
High-demand tourist location year-round
Early purchase before price increases
Strong opportunity for resale or vacation rental investment
For inquiries: Nesma El Heddad
Studio First Row Sea View North Coast Installments
Studio in a prime exceptional location in the North Coast, first plateau directly on the sea with fully open Sea View and no obstructions, in one of the strongest demand and investment areas on the coast.
The project is developed by Tharaa Developments, within a luxury resort community that combines a prime location with strong investment potential, with hotel operation under agreement with Hilton Hotels & Resorts, significantly increasing the unit value and expected rental yield.
The project is under construction, with delivery in approximately 3.5 years, offering an early-stage entry price before expected price increases in the North Coast market in the coming years.
Unit details:
Area: 50 sqm
Second floor
Fully finished super lux
First row on the sea
Price:
After discount: 3,974,400
This is an early-stage entry price in a first-row sea project, considered below the current market average for the same category, especially with the location and hotel operation.
The current discount is a strong competitive advantage in a project of this level, making this a real investment opportunity before further price increases with construction progress.
Payment plans:
5% down payment + 5% after 3 months
Installments up to 8 years
OR
10% down payment + 10% upon delivery
Installments up to 10 years
Investment highlights:
First row directly on the sea (highest real estate value on the coast)
Fully open Sea View
Hotel operation increasing rental returns
High-demand tourist location year-round
Early purchase before price increases
Strong opportunity for resale or vacation rental investment
For inquiries: Nesma El Heddad
Property details
Property Type
Apartment
Property Size
538 sqft / 50 sqm
Bedrooms
studio
Bathrooms
1
Available from
7 May 2026
Amenities
Unfurnished
Balcony
View of Water
Security
View of Landmark
Project information
Location

Provided by
Nesma Elhaddad
Pharos Real Estate
See agency properties (171)Regulatory information
Regulatory information
Reference
glee6
Listed
2 hours ago
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Payment method
Cash or Installments
Down payment
198,720 EGP



