2-Bedroom Pool-View Apartment in Orgwan Resort, Al Ahyaa, Hurghada

Al Ahyaa Property Id: HRA-487/8-S

68,233 EUR

2-Bedroom Pool-View Apartment in Orgwan Resort, Al Ahyaa, Hurghada

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Apartment
Beds:2
Baths:1
78 M²

Description

What is Orgwan Resort?

Orgwan Resort is an ultra-modern residential and touristic compound situated on a 7,054 sqm land parcel in the peaceful northern district of Al Ahyaa, Hurghada. Developed as the sixth successive project by an established developer with a proven track record among European holidaymakers and expatriate investors, the resort showcases a clean, contemporary architectural concept designed to maximize natural airflow and sunlight across expansive central courtyards. Centered around two large swimming pools, landscaped walkways, and dedicated leisure facilities, Orgwan Resort delivers a tranquil coastal living environment balanced with quick connectivity to both El Gouna and Hurghada city center.

What are the Unit Specifications?

Unit Type: Two-Bedroom Residential Apartment

Floor Level & Orientation: First Floor, Left Wing Orientation

Total Gross Area: 78 sqm

View: Direct internal view overlooking the central swimming pools

Interior Layout: Open-concept living and dining salon, modern American kitchen, primary bedroom, second guest bedroom, full family bathroom, and a private pool-facing balcony

Finishing Specifications: Fully finished to turnkey European standards, including premium ceramic flooring in living areas and bedrooms, fully tiled ceramic bathroom with sanitary fixtures (Western toilet, vanity washbasin, and shower mixer), solid wooden doors, aluminum windows, complete plumbing, pre-installed electrical wiring with control panel, telephone and central satellite TV connections, and dedicated air conditioning drainage and electrical conduits. Units are delivered unfurnished, allowing complete customization for private residence or short-term vacation letting.

What is the Payment Plan?

Original List Price: 68,233 EUR

Cash Discount Offer: 40% discount for upfront cash settlement, reducing the purchase price to 40,940 EUR

Standard Installment Plan: 35% down payment with the remaining balance spread over 30 equal monthly installments

Maintenance Reserve: 8% maintenance deposit payable upon delivery, structured to recur every 5 years for professional asset upkeep

Construction Progress: Structural concrete works at 85%, masonry and brickwork at 85%, and interior/exterior finishing at 40%

Handover Date: July 2028 (contractual completion by June 30, 2028, with standard 6-month grace period)

Why Invest in Orgwan Resort?

High Capital Appreciation: Acquiring off-plan at an advanced construction stage (85% structural completion) with a substantial 40% cash discount locks in an immediate below-market entry valuation, ensuring immediate equity and appreciation potential upon final handover.

Sustained Rental Demand: Two-bedroom configurations in Al Ahyaa consistently deliver higher average occupancy rates and revenue per available room (RevPAR) on short-term platforms such as Airbnb and Booking.com, driven by families, digital nomads, and kitesurfing enthusiasts traveling between Hurghada and El Gouna.

Reliable Foreign Currency Yields: Properties in the northern Red Sea coastal corridor generate rental revenues pegged to EUR and USD, providing international buyers with an inflation-hedged income stream that yields projected net annual returns between 9% and 13%.

Professional Estate Governance: Managed under clear, standardized resort covenants with dedicated common-area maintenance, on-site reception, centralized security, and no tenant union complications, protecting asset condition and long-term resale value.

Where is Orgwan Resort Located?

Orgwan Resort is strategically positioned in the North Districts (Al Ahyaa subdivision) of Hurghada Second, placing residents right along the coastal highway corridor connecting downtown Hurghada to the El Gouna resort municipality:

El Gouna Marina & Downtown: 5 to 10 minutes drive

Red Sea Beach Access: 5 to 7 minutes walk

Hurghada International Airport (HRG): 20 minutes drive

Hurghada Downtown (Dahar & Sakala): 20 to 25 minutes drive

Everyday Conveniences: Close proximity to international schools, supermarkets, pharmacies, and world-class kitesurfing stations along the Al Ahyaa coastline

What Facilities & Amenities are Available?

Two large outdoor swimming pools with surrounding sundecks and lounge furniture

Fully equipped fitness gym and wellness facilities

On-site restaurant and cafe service

Central reception foyer and guest management desk

24/7 gated security with electronic perimeter surveillance and monitored visitor logging

Modern passenger elevators serving every floor

Professionally landscaped gardens and pedestrian paths

Central satellite television connection provided to every apartment

Dedicated on-site maintenance team for common areas, lighting, pool sanitation, and pest control

Frequently Asked Questions (FAQs)

Can foreign nationals legally buy and own freehold property at Orgwan Resort?

Yes. Under Egyptian property law, foreign buyers are permitted full freehold ownership of residential apartments in Hurghada. Upon final settlement of the purchase price and maintenance fee, the developer provides a Specific Official Power of Attorney (Tawkeel) allowing the buyer to register the unit, resell it, or lease it freely without developer intervention.

How are ongoing utilities and resort maintenance handled?

Individual water and electricity meters are installed for each unit to track personal consumption accurately. Common area cleanliness, swimming pool maintenance, landscaping, lighting, and around-the-clock security are covered by an initial 8% maintenance deposit collected upon delivery, which is replenished every five years under capped resort administrative rules.

Can I manage this apartment as a holiday rental when I am not using it?

Yes. Two-bedroom units at Orgwan Resort are well suited for vacation rentals. Owners may manage the property directly, assign a licensed local property management agent, or take advantage of local concierge services to handle European guest check-ins, housekeeping, and key exchanges via the front reception.

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