Magawish Property Id: HRA-358/5-S
Clan Residence is Prime Development's follow-up to Majra — a beachfront project delivered on schedule and now fully operational. This 73 sqm second-floor apartment in Building L offers a sea view from a private balcony, modern kitchen, and bright living area, priced at 4,015,000 EGP with a choice of 4-year or 5-year payment plans and delivery within 2.5 years.
Type: 1-Bedroom Apartment
Project: Clan Residence, Magawish, Hurghada
Developer: Prime Development
Building: Building L
Size: 73 sqm
Floor: 2nd floor
Bedrooms: 1
Layout: Living area, modern kitchen, private balcony
View: Sea view
Total Price: 4,015,000 EGP
Delivery: Within 2.5 years
Maintenance Fee: 10%
Total Price: 4,015,000 EGP
15% down payment — 602,250 EGP
Installments over 4 years
20% down payment — 803,000 EGP
Installments over 5 years
Cash Purchase: 20% discount available for full upfront payment
For buyers comparing one-bedroom sea view options across the Hurghada market, browse apartments for sale in Hurghada.
Clan Residence spans 10,000 sqm in Magawish with 40% of the land dedicated to landscaping and leisure across 380 units. Prime Development's track record — Majra delivered on time, active New Capital projects, established since 2007 — provides a meaningful risk reduction for off-plan buyers in a market where delivery certainty is not always guaranteed.
The development sits five minutes from Senzo Mall and within the Magawish hotel corridor, capturing consistent tourist rental demand from visitors who prefer apartment-style accommodation over hotel rooms at the same location quality. Two heated pools support year-round occupancy rather than seasonal peaks. Buyers can review current rental rates for comparable units through properties for rent in Hurghada.
4 swimming pools (2 heated year-round)
2 jacuzzis and pool bar
Gym and kids' play area
Landscaped areas
Commercial strip — cafés, dining, supermarket, pharmacy
Underground parking
24/7 gated security
4,015,000 EGP for a sea view one-bedroom in a Prime Development project: Competitively priced within Clan's current inventory for a second-floor sea view unit — the Building L position and floor level should be confirmed with the sales team for exact view angle and proximity to amenities
One-bedroom — strongest yield-to-price ratio in the compound: One-bedroom sea view units consistently produce the highest yield percentages in Hurghada's short-term rental market due to lower purchase price against competitive nightly rates
Heated pools — year-round rental occupancy: Two heated pools extend the resort's viable rental season through winter months, directly improving annual yield calculations for investors targeting European winter sun demand
Prime Development credibility: Majra's on-schedule delivery is verifiable — buyers can visit the completed project before committing to Clan, providing direct evidence of build quality and delivery reliability
Explore other available properties in this district at properties for sale in Magawish.
Senzo Mall: 5-minute drive
Hurghada International Airport: 10-minute drive
Touristic Promenade: Short drive
Setting: Magawish — calm residential atmosphere within Hurghada's hotel corridor
Property Id :
Price :
Property Size :
HRA-358/5-S
4,015,000 LE
73 M2
Beds :
Baths :
View :
1
1
Sea view
Property Type:
Status:
Apartment;
New Development
Heated Swimming Pool
24/7 Security
Elevators
Closed Community
Landscaped Areas
Close To Public Beach
Luxury Finishing
Swimming Pool
Balcony/Terrace