Amarina Soul – 1BR Unit D-408, 56m², Third Floor Pool View, Magawish

Magawish Property Id: HRA-488/2-S

3,310,720 EGP

Amarina Soul – 1BR Unit D-408, 56m², Third Floor Pool View, Magawish

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Apartment
Beds:1
Baths:1
56 M²

Description

Amarina Soul is a boutique tourist-residential and commercial destination in Magawish, Hurghada, built on a 4,500 sqm plot with natural stone arches, organic curves, and resort architecture around a central swimming pool. This 1-bedroom apartment sits on the third floor with a private balcony overlooking the pool deck.

1. Unit Specifications

Type: 1-Bedroom Apartment
Total Gross Area: 56 sqm
Floor: 3rd Floor
View: Direct internal swimming pool and courtyard view
Layout: Open-plan reception with integrated kitchen, dedicated bedroom suite, bathroom, private balcony overlooking the pool deck
Finishing: High-specification contemporary finishes with large-format glass doors, premium tiling, and durable exterior accents

2. Payment Plan

Total Unit Price: EGP 3,310,720
Down Payment (15%): EGP 496,608 due upon contract signing
Installment Schedule: 5-year payment term with 20 equal quarterly payments of EGP 140,706 (4.25% per quarter)
Maintenance Fee: 10% (EGP 331,072) due on September 2, 2029
Cash Discount: 20% discount on upfront full payment
Handover / Delivery Date: 3 years from contract signing (scheduled for late 2029)
Compare with other apartments for sale in Hurghada to see how this payment structure stacks up.

3. About Amarina Soul

Constructed as a 260-unit mini-compound with mixed-use facilities, Amarina Soul bridges the comfort of private residential living with hotel-grade management and on-site hospitality. Browse more properties for sale in Magawish to explore similar developments in the district.

4. Facilities & Amenities

Central courtyard swimming pool and relaxation sundeck
Ground-floor commercial arcade featuring boutique shops, cafes, and restaurants
8 modern passenger elevators serving every wing and floor level
Professionally landscaped gardens and walking courtyards
Dedicated reception lobby offering concierge and tourist hotel services
24/7 security team, perimeter monitoring, and controlled access points

5. Investment Case

High Net Rental Yields: Positioned within the high-demand rental zone of Magawish, this 1-bedroom pool-view configuration is optimal for European winter sun rentals, watersports travelers, and remote workers seeking turnkey stays.
Off-Plan Equity Growth: Buying at early launch pricing in Hurghada's expanding Magawish area creates built-in appreciation during construction, amplified by favorable 5-year installment terms.
Hands-Off Management: With on-site hotel services and property supervision, absentee investors can operate short-term holiday lets without managing day-to-day operations. Investors weighing rental income can also check properties for rent in Hurghada to benchmark current market yields.

6. Location

Hurghada International Airport (HRG): 10 minutes
Senzo Mall & Senzo Sporting Club: 7 minutes
Downtown Hurghada & Marina: 12 to 15 minutes
Sahl Hasheesh: 10 minutes

7. FAQs

Q: Can non-Egyptian citizens purchase units at Amarina Soul?

A: Yes, foreigners can purchase and hold 100% freehold ownership rights in Hurghada, complete with the legal ability to lease, resell, or pass the unit to heirs.

Q: When is the apartment scheduled for delivery?

A: Handover for Unit D-408 is scheduled for September 2029, coinciding with the completion of the 3-year construction and delivery cycle.

Q: What services does the 10% maintenance deposit cover?

A: The maintenance fee supports ongoing upkeep of shared facilities, including pool maintenance, elevator servicing, cleaning of common areas, landscape irrigation, and 24/7 building security.