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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

58 sqm

Price per area

52,800 EGP/sqm

Available from

31 Dec 2028


Amenities

Building / Compound Specific

Covered Parking

Shared Pool

Shared Spa

Shared Gym

Elevator

+ 1 more

Unit Level

Unfurnished

View of Water

View of Landmark


CLAN Residence Hurghada – Modern Coastal Living in Magawish

Developed by Prime Developments, CLAN Residence spans 10,000 m² in the prime coastal district of Magawish. Designed around resort-style living, 40% of the project layout is dedicated to lush green gardens, swimming pools, and open leisure spaces.

Project Highlights:

Developer: Prime Developments (Est. 2007)

Location: Magawish, Hurghada (10 mins to Airport & Senzo Mall, 15 mins to Sahl Hasheesh & Marina, 25 mins to El Gouna)

Delivery: 2.5 Years (Construction is already 30% complete)

Finishing: Fully finished with high-grade tiling & floor-to-ceiling bathroom finishes

Available Unit Types:

Studios: 44 m² – 67 m²

1-Bedroom: 68 m² – 86 m²

2-Bedroom: 104 m² – 107 m²

3-Bedroom: 151 m² – 155 m²
(Featured Unit: 58 m² Studio on 2nd Floor, Building D with Pool & Side-Sea Views)

Flexible Payment Plans:

Cash / 1-Year Fast-Track (20% Discount): 25% Down Payment + 4 equal quarterly installments

Standard 4-Year Plan: 15% Down Payment + 16 quarterly installments (5.31%)

Incentive 4-Year Plan (5% Discount): 25% Down Payment + 16 quarterly installments (4.69%)

Standard 5-Year Plan: 20% Down Payment + 20 quarterly installments (4.00%)

Maintenance Deposit: 10% (due 6 months prior to delivery)

Amenities & Services:

4 Swimming pools (including 2 heated pools) + 2 Jacuzzis & Poolside Bar

Fully equipped indoor gym, luxury spa, and commercial strip (cafés, pharmacy, supermarket)

Dedicated kids' play area & underground parking

Smart entry gates, 24/7 security & CCTV surveillance

3 Elevators per building with wide 20–22m spacing between structures

Investment Benefits: High short-term rental yields (ideal for Airbnb), solid capital growth, and full freehold ownership for foreign buyers.

Regulatory information
Regulatory information

Reference

HRA-358/9-S