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 EGP3,062,400 (EGP52,800/SqM).
Invest in the Red Sea | Studio with Pool View
Clan Residents Red Sea – Studio Apartment for Sale | Pool View | 2nd Floor – Unit CD-216
Price: From EGP 2,552,000Size: 58 sqmType: Studio ApartmentView: Pool ViewFloor: 2nd Floor – Building DDelivery: Handover in 2.5 YearsPayment Plan: 20% Down Payment + 5-Year InstallmentsMaintenance: 10% One-Time Fee
About the Unit
This 58 sqm studio in Clan Residents Red Sea features a modern open-plan layout with a private terrace overlooking the pool. Ideal for both investment and holiday living, the apartment offers comfort and style in one of Hurghada’s most sought-after addresses.
Prime Location – Magawish, Hurghada
5 minutes to Senzo Mall
10 minutes to Downtown Hurghada
15 minutes to Hurghada International Airport
Walking distance to Pickalbatros Hotels with beach access, water-parks, and promenades
Project Highlights
Contemporary low-rise G+4 design with 360 units
Resort-style living with:
4 temperature-controlled swimming pools
2 Jacuzzis, fully equipped gym, and spa
Kids’ playground and splash pad
Restaurants, cafés, supermarket, and pharmacy
Secure compound with smart-gate access, 24/7 CCTV, and underground parking
Investment Benefits
Located in Hurghada’s prime hotel zone with strong tourism demand
High rental yields of 9–11% annually
Capital appreciation: beachfront land prices rising ~15% YoY
Flexible payment plan with direct developer installments
Backed by Pickalbatros Group expertise with proven delivery track record
Contact us today to reserve Unit CD-216 and secure your investment in the Red Sea.
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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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.
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