Brand-New 1-Bedroom Apartment for Sale in Intercontinental District, Hurghada

Intercontinental Property Id: HRA-554-S

3,100,000 EGP

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Apartment
Beds:1
Baths:1
77 M²

Description

What is the Intercontinental District Property?

This property is a brand-new, ultra-modern 1-bedroom apartment situated in the Intercontinental District of Hurghada. Renowned for its calm residential atmosphere, wide asphalted avenues, and proximity to the coastline, the Intercontinental area delivers a peaceful European-standard living environment away from noisy downtown traffic while keeping city amenities within arm’s reach.

The apartment features a bright, open interior enhanced by contemporary architecture: polished marble-veined porcelain flooring, designer geometric recessed ceiling profiles, integrated linear LED strip lighting, and large sliding glass apertures that flood the living space with natural Mediterranean daylight and lead out to a private viewing balcony.

What are the Unit Specifications?

Property Type: Residential Apartment (Brand New / Turnkey)

Floor Level: 2nd Floor

Total Area: 77 SQM

Bedrooms: 1 Spacious Bedroom

Bathrooms: 1 Fully Tiled Bathroom with Walk-in Shower Basin & Premium Sanitary Ware

Living & Dining: Generous open-concept salon with pre-installed kitchen utility rough-ins (water supply, drainage, and dedicated appliance electrical conduits)

Finishing Level: Super Lux / Turnkey finishing (designer false ceilings, ambient recessed spots, architectural hidden LED lines, ceramic wall-to-wall tiling, sound/dust-insulated aluminum double-track windows)

Outdoor Space: Private sunny balcony overlooking open streetscapes and classic Hurghada architecture

What is the Payment Plan?

Asking Price: 3,100,000 EGP

Payment Terms: Cash sale (immediate handover / ready to register and furnish)

Delivery Status: Ready to move in immediately — zero construction delays or execution risk.

Why Invest in Intercontinental Hurghada?

The Intercontinental District consistently ranks as one of the premier long-term and mid-term rental investment zones in Hurghada.

High Rental Yields: Due to its strategic placement between El Mamsha and luxury beachfront resorts, 1-bedroom units of this square footage command steady rental demand from foreign expats, remote digital nomads, and diving enthusiasts.

Inflation Hedge & Capital Growth: At 3,100,000 EGP for a fully finished 77 SQM unit, the entry price per square meter represents exceptional intrinsic value. Finished residential units in this sector experience resilient year-on-year capital appreciation driven by tourism expansion and high occupancy rates.

Turnkey Liquidity: Because the unit is completed to modern specifications, investors can immediately furnish the space and list it on platforms like Airbnb or Booking.com for hard-currency cash flow, or secure stable annual contracts.

Where is the Property Located?

Situated in the heart of the Intercontinental District, Hurghada, Red Sea Governorate, Egypt:

Public & Private Beaches: 3–5 minutes by car / walking distance to local shores (Number 9 Beach / Steigenberger beaches).

El Mamsha Promenade: Less than 5 minutes away, providing access to international dining, cafes, retail boutiques, and nightlife.

Hurghada International Airport (HRG): 7–10 minutes drive, making it effortless for international arrivals and departing tenants.

Downtown Hurghada (El Dahar / Sheraton): 10–12 minutes.

Senzo Mall & Club: 10 minutes drive for hypermarket shopping, entertainment, and sports facilities.

What Facilities & Amenities are Available?

Complete municipal utility connections (ready for electric and water meter installation)

Modern elevator access in the building

Secure entrance door with multi-point locking system

Pre-plumbed and pre-wired infrastructure for air conditioning units and American-style open kitchen

Walking distance to local mini-markets, pharmacies, dry cleaners, and public transport hubs

Ample ground-level street parking in front of the building

Frequently Asked Questions (FAQs)

1. Is the apartment suitable for short-term holiday rentals (like Airbnb)?

Yes. The Intercontinental area is very popular with European and regional holidaymakers due to its quiet vibe and immediate proximity to the Touristic Promenade (El Mamsha) and beaches, ensuring steady short-term and mid-term occupancy.

2. Are the utilities and building connections completed?

The unit is completely finished with all primary internal plumbing and electrical wiring in place. It is ready for meter registration, final light fixtures, and instant furnishing.

3. Can foreign nationals buy and own this property outright?

Yes, foreign buyers can purchase freehold residential real estate in the Intercontinental District of Hurghada under Egyptian property ownership laws, with full legal registration assistance provided by ROI Real Estate.