This property is a 45 SqM studio apartment with 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 EGP2,790,000 (EGP62,000/SqM).
45m² Studio in Hurghada Heights on the Promenade
45 m² Studio with Direct Pool View – Hurghada Heights Project | Hurghada
Own your unit now in Hurghada Heights, the luxurious residential project located directly on Hurghada’s Touristic Promenade, where prime location, modern design, and full facilities come together in an exclusive development of only 350 units built over 6,100 m² — offering a perfect opportunity for living or investment.
Prime Location
Directly on the Touristic Promenade – the most prestigious area in Hurghada
Only 5 minutes from Hurghada International Airport
10 minutes from the Marina and downtown
Surrounded by international hotels and fine dining restaurants
Easy access to beaches and year-round marine activities
Studio Details
Area: 45 m²
Floor: Second Upper Floor
View: Direct pool view
Finishing: Fully finished, ready to move in
Delivery: 2027
Project Facilities and Services
Modern architectural design with high-quality finishing
5 different swimming pools, including a heated one and rooftop terraces overlooking the Red Sea
24/7 security and reception with CCTV surveillance
Modern elevators and dedicated relaxation areas
Restaurants, cafés, and retail shops within the project
Payment Plan
30% down payment upon contract
The remaining balance in installments over 3 years with no interest
Investment Highlights
Exclusive location on Hurghada’s Touristic Promenade ensuring consistently high demand
Excellent rental return in one of Egypt’s top tourist destinations
Limited project of only 350 units, ensuring high market value
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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Listed By
Developer
Electricity PriceN/A
Water PriceN/A
Unit IDU5800496
Investment Opportunity: Charges & Yield
Sale Price
EGP2,790,000
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.
8
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 studio apartments at Princess Resort, and the current sales price.
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