
Off-Plan



12
Down payment: EGP 436,050
Magawish Resort, Hurghada, Red Sea
Studio
1 Bath
57 Sq. M.
Pool View Studio in Clan Residents Magawish
Invest in a premium pool-view studio at Clan Residents, a high-end development by Prime Developments in Magawish, Hurghada. Perfectly located in a quiet resort enclave with fast access to city hotspots, this fully finished unit is ideal as a holiday home or a high-yield rental investment.
Unit Specifications:
Unit Specifications:
- Project: Clan Residents (Block C, 1st Floor)
- Type: Studio with private balcony
- Total Area: 57 sqm
- View: Direct elevated pool & water features view
- Finishing: Fully finished turnkey (contemporary fixtures & panoramic glass)
- 6-Year Plan (5% Discount):
- Net Price: EGP 2,761,650
- Down Payment (15%): EGP 414,248
- Quarterly Installment (24 quarters): EGP 80,548
- Handover Payment (15%): EGP 414,248
- 5-Year Plan (0% Down Payment):
- Total Price: EGP 2,907,000
- Quarterly Installment (20 quarters): EGP 130,815
- Handover Payment (10%): EGP 290,700
- Cash Purchase (25% Discount): EGP 2,180,250
- Maintenance: 10% (EGP 290,700) due 6 months before delivery.
- 2 mins to Grand Aquarium
- 5 mins to El Mamsha Promenade
- 10 mins to Hurghada Airport & Senzo Mall
- 15 mins to Sahl Hasheesh & Hurghada Marina
- 25 mins to El Gouna
- Multiple swimming pools (heated pools & leisure Jacuzzis)
- Wellness gym & luxury spa
- Commercial promenade: supermarket, pharmacy, cafes
- Hotel-grade reception lobby & modern elevators
- Underground parking
- 24/7 security & CCTV surveillance
- Full on-site property & rental management
- 100% Freehold ownership for foreign buyers (eligible for residency visa)
- Strong holiday rental yields driven by kitesurfing & tourism demand
- Positive cash flow: rent out upon delivery in 2028 while paying installments through 2032
Property Information
- TypeApartment
- PurposeFor Sale
- Reference no.Bayut - HRA-358/12-S
- CompletionOff-Plan
- FurnishingUnfurnished
- Published at11 October 2026
- OwnershipPrimary
Features / Amenities
Balcony or Terrace
Swimming Pool
Jacuzzi
Sauna
+ 10 more amenities
Trends & Indices
Location & Nearby
Location
Schools
Restaurants
Hospitals
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