Studio for Sale in Clan Residence Hurghada

Studio
Beds:0
Baths:1
44 M²

Description

What is Clan Residence?

Clan Residence is a modern, resort-style residential compound developed by Prime Developments in the heart of the prestigious Magawish district. Spanning approximately 10,000 m², the project is designed to blend sleek,

minimalist architecture with lush landscaping—dedicating nearly 40% of the land to green spaces and communal areas. It offers a "branded lifestyle" vibe, focusing on comfort and tranquility, making it a standout destination for both

vacationers and long-term residents in southern Hurghada.

What are the Unit Specifications?

This specific unit is a highly sought-after Studio Apartment located on the 1st floor.

Total Area: 44 SQM.

View: Premium dual view of the swimming pool and the Red Sea.

Finishing: Delivered in a fully finished state, featuring high-quality modern aesthetics.

Internal Layout: Optimized for functionality, including a combined bedroom/living area (6.30m *3.10m), a private terrace (3.10m*1.50m), a kitchen section(3.05m*1.80m), and a bathroom (2.00m*1.80m).

What is the Payment Plan?

To maximize your investment flexibility, Clan Residence offers two primary payment structures:

Option 1: 15% Down Payment with installments over 4 years.

Option 2: 20% Down Payment with installments over 5 years.

Maintenance Fee: 10% due upon delivery.

Delivery Date: Scheduled for December 2027.

Why Invest in Clan Residence?

Investing in Clan Residence means securing a high-yield asset in Hurghada’s "prime hotel zone".

Capital Appreciation: Magawish is an emerging hotspot with property values seeing rapid equity growth of approximately 15% year-on-year.

Rental Potential: Due to its proximity to 5-star resorts and the touristic promenade, units here are ideal for short-term rentals on platforms like Airbnb, targeting tourists and digital nomads.

High Yields: Investors can expect annual rental yields ranging between 9–11%.

Where is Clan Residence Located?

Situated in the Magawish district, the project offers a strategic balance between privacy and accessibility:

Beach Access: Only 5 minutes from public and private beaches like Santa Maria Beach.

Shopping: 5 minutes from Senzo Mall and Carrefour.

Travel: Just 10–15 minutes from Hurghada International Airport.

City Access: 10 minutes from Downtown Hurghada and easy access to Sahl Hasheesh.

What Facilities & Amenities are Available?

Residents enjoy a complete resort experience without leaving the gate:

Water Features: 4 swimming pools, including heated pools and 2 Jacuzzis.

Wellness: A fully equipped fitness gym and spa.

Family Friendly: Dedicated kids’ play area and safe pedestrian zones.

On-site Services: Commercial strip with a supermarket, pharmacy, and café.

Security: 24/7 gated security with underground parking for all units.

Frequently Asked Questions (FAQs)

1. Is the unit delivered furnished?

No, the unit is delivered fully finished (flooring, painting, and fixtures), allowing you to choose your own furniture to match your personal style or rental brand.

2. Can I use the nearby hotel beaches?

Yes, Clan Residence is located near major hotels like the Pickalbatros chain, where residents can often access beach facilities via "day-use" or affiliated memberships.

3. Is there a discount for cash payments?

Yes, the developer typically offers a cash discount of up to 20% for upfront payments.