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APARTMENT FOR SALE IN MAGAWISH, HURGHADA

Property details

Listed

1 month ago

Property Type

Apartment

Bedrooms

Studio

Bathrooms

1 Bath

Furnishing

Unfurnished

Area

44 sqm

Price per area

61,000 EGP/sqm

Available from

12 May 2026


Amenities

Building / Compound Specific

Shared Pool

Children's Pool

Shared Gym

Shared Spa

Unit Level

Unfurnished


Branded Living in Hurghada’s Prime Hotel Zone with a 5-Year Payment Plan

Experience a new standard of resort-style living at Clan Residence, the latest modern masterpiece by Prime Developments. Spanning 10,000 m² in the prestigious Magawish district, this project dedicates 40% of its land to lush greenery and communal spaces. This 44 sqm first-floor studio offers a rare dual view of the swimming pool and the Red Sea, making it a "prime" asset for those seeking a tranquil vacation home or a high-yield rental investment.

Property Overview:
Location: Clan Residence, Magawish District (Opposite major hotels).

Type: Studio Apartment (1st Floor).

Size: 44 sqm.

View: Dual Pool and Sea View.

Finishing: Delivered Fully Finished with high-quality modern aesthetics.

Delivery: December 2027.

Financial Details & Payment Plans:
Flexible Options:

15% Down Payment with installments over 4 years.

20% Down Payment with installments over 5 years.

Maintenance: 10% (Due upon delivery).

ROI Potential: Annual rental yields estimated at 9–11% due to the high-demand "hotel zone" location.

Why Invest in Clan Residence?
Strategic Growth: Magawish is an emerging hotspot with approximately 15% annual property value growth.

Water-Centric Living: The compound features 4 swimming pools (including heated options) and 2 Jacuzzis.

Branded Lifestyle: Enjoy a fully integrated community with a gym, spa, kids’ play area, and an on-site commercial strip (supermarket, pharmacy, and café).

Location & Connectivity:
Beach Access: 5 mins from public and private beaches (Santa Maria).

Shopping: 5 mins to Senzo Mall and Carrefour.

Travel: 10–15 mins to Hurghada International Airport.

Proximity: Easy access to the Touristic Promenade (Mamsha) and Sahl Hasheesh.

Regulatory information
Regulatory information

Reference

HRA-358/8-S