2-Bedroom Apartment (104m²) Pool/Sea View in Clan Residence | 15% Down Payment

Magawish Property Id: HRA-358/7-S

  • Apartment
  • Beds:2
  • Baths:1
  • 104 M2

Description

Clan Residence is developed by Prime Development — the same developer behind Majra Hurghada, a beachfront project delivered exactly on schedule. The 10,000 sqm Magawish extension site dedicates 40% of its land to landscaping and leisure, with four swimming pools, two jacuzzis, heated pools for winter use, and a self-contained commercial strip. This 104 sqm two-bedroom apartment offers a dual pool and sea view, delivered fully finished in December 2027, with three payment structures including a 20% cash discount.

1. Unit Specifications

  • Type: 2-Bedroom Apartment

  • Project: Clan Residence, Magawish Extension, Hurghada

  • Developer: Prime Development

  • Size: 104 sqm

  • Bedrooms: 2

  • View: Pool and sea view (dual)

  • Finish: Fully finished with luxury materials

  • Delivery Date: 31 December 2027

  • Maintenance Fee: 10%

2. Payment Plan

Three options available:

Option 1:

  • 15% down payment

  • Installments over 4 years

Option 2:

  • 20% down payment

  • Installments over 5 years

Option 3 — Cash Purchase:

  • 20% discount for full upfront payment

Contact the ROI Real Estate team for the current listed price and installment breakdown under each option. For buyers comparing two-bedroom options across the Hurghada market, browse apartments for sale in Hurghada.

3. About Clan Residence

Clan Residence is Prime Development's second project in Hurghada — following the successful on-schedule delivery of Majra, their beachfront flagship. The developer's track record is a material risk differentiator in Hurghada's off-plan market, where delivery delays are a common concern. Clan spans 10,000 sqm in Magawish's rapidly developing extension zone, immediately adjacent to Senzo Mall and surrounded by five-star hotel infrastructure that drives consistent tourist rental demand.

The development is designed as a self-contained community — four pools, two jacuzzis, gym, supermarket, pharmacy, cafes, and dining all within the compound perimeter. Heated pools extend the resort's appeal through winter months, supporting year-round rental occupancy rather than seasonal peaks. Buyers can review current rental rates for comparable units through properties for rent in Hurghada.

4. Facilities & Amenities

  • 4 swimming pools (2 heated for winter use)

  • 2 jacuzzis

  • Fully equipped gym

  • On-site supermarket, pharmacy, cafes, and dining

  • Kids' play area

  • Underground parking

  • Elevators

  • 24/7 gated security

5. Investment Case

  • Proven developer — on-schedule delivery track record: Prime Development delivered Majra exactly on time. In Hurghada's off-plan market, this is a measurable advantage over developers without a completed project portfolio

  • Hotel zone adjacency — structural rental demand: Positioned next to Senzo Mall and surrounded by five-star hotels, Clan captures tourists who want apartment-style accommodation at the same location quality as the neighbouring hotels — a demand source that operates independently of the residential rental market

  • Heated pools — year-round rental appeal: Two heated pools mean the resort is genuinely functional in winter, extending peak occupancy beyond the summer season and improving annual yield calculations for investors

  • 20% cash discount on a fully finished unit: A cash purchase reduces the effective acquisition cost by a fifth, materially improving the yield percentage and creating immediate equity at the point of delivery

Explore other available properties in this district at properties for sale in Magawish.

6. Location

  • Senzo Mall and Senzo Club: 5-minute drive

  • Magawish Public Beach: 5-minute drive

  • Downtown Hurghada and Touristic Promenade: 10-minute drive

  • Setting: Magawish extension — upscale residential and resort corridor

7. FAQs

Q: What does Prime Development's track record with Majra mean for Clan buyers?

A: Majra was delivered on schedule — a completed, operational beachfront resort that buyers can visit and verify. For Clan purchasers, this provides direct evidence of the developer's construction capability and commitment to delivery timelines, reducing the uncertainty that typically accompanies off-plan investment in Egypt.

Q: How do heated pools affect rental yield in practice?

A: Unheated pools in Hurghada become impractical for guests from November through February. Heated pools extend the usable season by three to four months, which can meaningfully increase annual occupancy rates and total rental income — particularly relevant for investors targeting European winter sun travellers.

Q: Is the Magawish extension area as established as central Magawish?

A: The extension is a newer development zone that is rapidly attracting upscale residential projects and high-end resorts. While less established than central Magawish, its adjacency to Senzo Mall and the five-star hotel corridor gives it strong infrastructure credentials — and buying in an emerging zone at current prices captures the appreciation as it matures.

Property Details

  • Property Id :

  • Price :

  • Property Size :

  • HRA-358/7-S

  • 5,605,600 LE

  • 104 M2

  • Beds :

  • Baths :

  • View :

  • 2

  • 1

  • Sea & Pool View

  • Property Type:

  • Status:

  • Apartment;

  • New Development

Features

  • Heated Swimming Pool

  • Cafes & Restaurants

  • 24/7 Security

  • Elevators

  • Children's Pool

  • Closed Community

  • Landscaped Areas

  • Luxury Finishing

  • Swimming Pool

  • Balcony/Terrace

Location Hurghada, Magawish

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