This property is a 52 SqM apartment with 1 bedroom and 1 bathroom that is available for sale. It is part of the Princess Resort project in Hurghada Resorts, Red Sea and was completed in Jan 2022. You can buy this apartment for a base price of EGP3,224,000 (EGP62,000/SqM).
1 Bedroom Pool View | Mamsha Hurghada
Apartment G11 – Ground Floor, 1-Bedroom, Pool View
Experience modern resort-style living at Hurghada Heights, a landmark residential development located on the prestigious Hurghada Promenade. This 1-bedroom ground floor apartment combines comfort, convenience, and access to world-class amenities on Egypt’s Red Sea coast.
Property Details:
Type: 1-Bedroom Apartment
Floor: Ground Floor
View: Pool
Building: 2, Unit G11
Highlights:
Open-plan layout with natural light and contemporary finishes
Private balcony overlooking the swimming pool
Access to 5 pools including rooftop and heated pools
Resort-style amenities: modern reception, cafés, restaurants, retail shops, and children’s play areas
24/7 security with CCTV and professional on-site management
Central satellite connectivity
Project Overview – Hurghada Heights:Situated on 6,100 sqm in the heart of Hurghada Promenade, the development features 350 carefully planned units, including studios, 1-bedroom, and 2-bedroom apartments. Residents enjoy proximity to Hurghada International Airport (5 minutes), Hurghada Marina (10 minutes), luxury resorts, shopping, fine dining, beaches, and water sports.
Payment Plans:
1-Bedroom Apartments:
15% down payment, installments over 36 months
20% down payment, installments over 48 months
Delivery: Phase 1 (Buildings 1, 2, 4, 5) – 2027
Phase 2 (Building 3) – 2028
Investment Highlights:
Prime Promenade location with strong appreciation potential
High rental income opportunities due to Hurghada’s tourist demand
Resort-style facilities with pool, security, retail, and dining
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
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Agent / Partner
Electricity PriceN/A
Water PriceN/A
Unit IDU5764920
Investment Opportunity: Charges & Yield
Sale Price
EGP3,224,000
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
9
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom apartments at Princess Resort, and the current sales price.
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