Studio Apartment for sale at Magawish Resort

Hurghada,Red Sea, Egypt

Studio Apartment for sale at Magawish Resort

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Hurghada,Red Sea, Egypt

Unit ID: U5690767

Studio Bedroom

1 Bathroom

58 SqM Size

Ground Floor Floor

Jan 1979 Completed

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Sale Price

EGP3,190,000

Street View

About This Apartment

This property is a 58 SqM studio apartment with 1 bathroom that is available for sale. It is part of the Magawish Resort project in Hurghada, Red Sea and was completed in Jan 1979. You can buy this apartment for a base price of EGP3,190,000 (EGP55,100/SqM).

Studio Pool View in Magawish, 5 Yrs installments

Studio Apartment – Clan Residents, Magawish – Hurghada Unit Details

Type: Studio Apartment
Area: 58 sqm
Floor: Ground Floor
View: Direct pool view
Price: €52,966
Delivery: Handover in 2.5 years
Payment Plan: 20 % down payment (€10,593) + 80 % instalments over 5 years
Maintenance Fee: 10 % one-time payment upon delivery

About Clan ResidentsClan Residents is a new residential and touristic development in vibrant Magawish, Hurghada, right beside a row of five-star hotels. Just 5 minutes from Senzo Mall and 10 minutes from Downtown, the project blends calm sophistication, natural beauty, and community living in one of the city’s most dynamic areas. Location Advantages

Surrounded by renowned hotel resorts with access to paid beaches, promenades, and waterparks
15 minutes to Hurghada International Airport
Direct coastal road access to Sahl Hasheesh & El Gouna

Resort-Style Amenities

4 temperature-controlled swimming pools + sundeck lounges
2 Jacuzzis for relaxation and hydro-therapy
Fully equipped gym & dedicated spa zone
Kids’ playground and splash pad
Restaurants, cafés, retail, supermarket & pharmacy on site
Underground parking & secure access with smart-gate and 24/7 CCTV

Investment Highlights

Prime Hotel Zone Location – Strong tourism-driven demand in Magawish
High Rental Yields – Furnished units in this area record 9–11 % gross returns
Capital Appreciation – Hurghada land prices rising ~15 % annually since 2022
Turnkey Option – Furniture and management packages available for effortless income
Reliable Delivery – Developed by a proven team with a strong track record across the Red Sea coast

Basic Information

Date Listed Aug 20, 2025

Updated 9 months ago

Property Type Apartment

Floor Ground Floor

Bedroom Studio

Size 58 SqM

Price per SqM EGP55,100

Pets Not Allowed

Apartment Ownership

N/A

Furniture

Unfurnished

View(s) N/A

Unit Type N/A

Building N/A

CAM Fee

N/A

Listed By

Developer

Electricity Price N/A

Water Price N/A

Unit ID U5690767

Investment Opportunity: Charges & Yield

Sale Price

EGP3,190,000

Project Details

Project Name: Magawish Resort

Developer: N/A

Construction: Completed (Jan 1979)

Floors: 3

Buildings: N/A

Units: 254

Project Area: N/A

Nearest Landmark: EI Gouna - 32.5 Km

Location: Hurghada, Red Sea

Magawish Resort Project Details

Project Features

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at Magawish Resort

All
Studio
1 Bed
2 Beds

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Frequently Asked Questions

No pets are allowed at Magawish Resort unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

EI Gouna is the nearest City from Magawish Resort and it is 32.5 km away.

Reviews

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Red Sea

Neighborhood Overview

Buy
EGP6 - EGP921M
For Sale on FazWaz.com.eg
3,646 properties
Rent
EGP1 - EGP53.1M
For Rent on FazWaz.com.eg
50 properties
To EI Gouna
43.6 km / 38 minutes by driving
To Sharm El Sheikh International Airport
128 km / 3 hours by driving

Location and Neighborhood

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