Clan Residence Hurghada: Luxury Living & High-ROI Apartments in Magawish

Magawish Property Id: HRA-358/10-S

4,510,000 EGP

Clan Residence Hurghada: Luxury Living & High-ROI Apartments in Magawish

WE'RE HERE TO ASSIST

Apartment
Beds:1
Baths:1
82 M²

Description

What is Clan Residence?

Clan Residence is a premier, resort-style gated development spanning 10,000 m² in the peaceful, upscale district of Magawish, Hurghada. Designed by Prime Developments—a seasoned builder in the Red Sea market since 2007—Clan Residence blends modern minimalist architecture with serene coastal living. The master-planned compound features wide 22-meter spacing between residential blocks to optimize natural light, cross-ventilation, and privacy. Surrounded by lush green courtyards, six swimming pools, and dedicated lifestyle amenities, Clan Residence offers an all-year sanctuary for vacationers, permanent residents, and savvy property investors.

What are the Unit Specifications?

Clan Residence features a diverse selection of layouts ranging from cozy 44–58 m² studios to spacious 155 m² family residences, all delivered with Ultra Super Lux finishing.

Featured Unit: (Building E, 2nd Floor)

Type: 1-Bedroom Luxury Apartment

Gross Area: 82 m²

View: Dual Pool & Side Sea View

What is the Payment Plan?

Clan Residence offers flexible, developer-backed payment terms tailored to optimize cash flow:

Unit Price: 4,510,000 EGP

Down Payment (20%): 902,000 EGP

Installment Period: Equal installments over 5 Years

Maintenance Fee (10%): 451,000 EGP

Expected Delivery: Q4 2028

Why Invest in Clan Residence?

Investing in Magawish real estate places your capital directly in one of Hurghada's fastest-appreciating residential zones.

High Short-Term Rental Yields: Positioned right across from luxury 5-star beachfront resorts and 10 minutes from Hurghada Airport, Clan Residence commands consistent, high occupancy from European holidaymakers and digital nomads year-round.

Strong Capital Growth: Entering at off-plan pricing with a 5-year payment plan maximizes capital appreciation upon project completion and handover.

Turnkey Rental Appeal: The on-site commercial strip, heated pools, pool bar, and Ultra Super Lux specifications make it an effortless choice for high nightly rates on platforms like Airbnb and Booking.com.

Where is Clan Residence Located?

Clan Residence is situated in Magawish, directly accessible via El-Nasr Street and the Hurghada-Safaga coastal corridor, placing all major Red Sea hubs within minutes:

2 Minutes: Hurghada Grand Aquarium

5 Minutes: Touristic Promenade (Mamsha)

10 Minutes: Hurghada International Airport & Senzo Mall / Senzo Club

15 Minutes: Sahl Hasheesh & Hurghada Marina

25 Minutes: El Gouna

What Facilities & Amenities are Available?

Clan Residence is fully equipped for modern, walkable convenience:

6 Swimming pools (including 2 heated pools for winter swimming & integrated Jacuzzis)

Modern poolside bar and landscaped sun decks

Fully equipped wellness gym and spa facilities

On-site commercial strip: Supermarket, boutique cafés, pharmacy, and retail bazaars

Dedicated kids’ pool and play area

Underground secure parking and high-standard modern elevators

24/7 security with CCTV coverage and professional property management / housekeeping services

Frequently Asked Questions (FAQs)

Can foreign buyers own freehold property at Clan Residence?

Yes, non-Egyptian buyers can purchase residential units with full freehold title deeds registered under Egyptian real estate law.

Are the swimming pools at Clan Residence heated in the winter?

Yes, the compound features two heated swimming pools along with integrated Jacuzzis to ensure comfortable swimming throughout the entire winter season.

How does ROI Real Estate assist with property management after delivery?

ROI Real Estate offers end-to-end investment management, including property furnishing coordination, tenant placement, and short-term vacation rental management to maximize your annual yields.