Magawish Property Id: HRA-358/8-S
Clan Residence is a Prime Developments project in Magawish — one of southern Hurghada's most strategically positioned districts, five minutes from the beach, ten minutes from the airport, and adjacent to the hotel zone that drives year-round tourist demand. This 44 sqm first-floor studio offers a dual pool and sea view, fully finished delivery in December 2027, and a choice between a 4-year or 5-year payment plan — with up to 20% cash discount available.
Type: Studio Apartment
Project: Clan Residence, Magawish, Hurghada
Developer: Prime Developments
Total Area: 44 sqm
Floor: 1st floor
Layout: Combined bedroom/living area (6.30m × 3.10m), kitchen (3.05m × 1.80m), bathroom (2.00m × 1.80m), private terrace (3.10m × 1.50m)
View: Pool and sea view (dual)
Finish: Fully finished — flooring, painting, and fixtures included
Furnishing: Unfurnished — buyer chooses own furniture
Delivery Date: December 2027
Maintenance Fee: 10% due upon delivery
Two options available:
Option 1:
15% down payment
Installments over 4 years
Option 2:
20% down payment
Installments over 5 years
Cash Purchase: Up to 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 payment structures across the Hurghada market, browse apartments for sale in Hurghada.
Clan Residence spans approximately 10,000 sqm in Magawish, developed by Prime Developments with a minimalist architectural aesthetic and nearly 40% of the land dedicated to green spaces and communal areas. The project sits within Hurghada's prime hotel zone — directly adjacent to the Pickalbatros chain and other five-star resorts — which provides a structural rental demand source that most residential compounds away from the hotel corridor cannot replicate.
Magawish is an emerging investment district in southern Hurghada, with property values reportedly growing at approximately 15% year-on-year driven by its proximity to Sahl Hasheesh, Senzo Mall, and the established hotel strip. Buyers can review current rental rates for comparable units through properties for rent in Hurghada.
4 swimming pools including heated options
2 jacuzzis
Fully equipped gym and spa
Kids' play area and safe pedestrian zones
Commercial strip — supermarket, pharmacy, café
Underground parking for all units
24/7 gated security
Hotel zone positioning — structural rental demand: Clan Residence sits adjacent to five-star hotel infrastructure in Magawish, capturing tourists who prefer apartment-style accommodation over hotel rooms but want the same location quality — a demand source that operates independently of the broader residential rental market
Projected 9–11% annual rental yield: Magawish's hotel zone proximity and the unit's dual pool and sea view underpin strong short-term rental performance, with yields at the upper end of what Hurghada's apartment market currently delivers
Two payment structures, cash discount up to 20%: The flexibility to choose between a 4-year or 5-year plan — or take a 20% reduction for full cash — accommodates a range of buyer financial profiles without sacrificing the same unit quality
40% green space ratio: Clan Residence's land dedication to landscaping and communal areas is significantly above the Hurghada compound average — a quality-of-environment differentiator that supports premium rental positioning and long-term resale value
Explore other available units in this part of Hurghada at properties for sale in Magawish.
Beach (Santa Maria Beach and others): 5-minute drive
Senzo Mall and Carrefour: 5-minute drive
Hurghada International Airport: 10–15 minute drive
Downtown Hurghada: 10-minute drive
Sahl Hasheesh: Easy access
Q: What does "fully finished but unfurnished" mean for rental readiness?
A: The unit is delivered with flooring, painting, and fixtures complete — walls, floors, and bathrooms are done. The buyer then selects and installs furniture independently, which allows the rental aesthetic to be tailored to a target guest profile rather than inheriting a developer's standard package.
Property Id :
Price :
Property Size :
HRA-358/8-S
2,684,000 LE
44 M2
Beds :
Baths :
View :
0
1
Pool & Sea View
Property Type:
Status:
Studio;
New Development
Central Satellite
Cafes & Restaurants
Supermarket
24/7 Security
Parking
Elevators
Housekeeping Service
Closed Community
Landscaped Areas
50% Landscaped
Swimming Pool
Balcony/Terrace