Aurora Palace Hurghada: Premium Royal Residences in Magawish

Magawish Property Id: HRA-460/1-S

5,664,000

Aurora Palace Hurghada: Premium Royal Residences in Magawish

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Apartment
Beds:2
Baths:1
118 M²

Description

What is Aurora Palace?

Aurora Palace is a royal residential compound in Hurghada developed by Square 9. Spanning 6,000 square meters, the project features low-density architecture (60% dedicated to buildings and 40% reserved for lush landscapes and swimming pools) with a low load factor of 28%.

The architectural identity is rooted in classical European design, showcasing symmetrical structures, grand archways, and clean lines. The compound comprises Ground + 4 floors, delivering a balanced blend of privacy and luxury coastal living directly in front of the Red Sea horizon.

What are the Unit Specifications?

Aurora Palace offers a diverse range of unit layouts catering to holidaymakers, families, and high-yield real estate investors:

Unit Types: Studios, 1-Bedroom, 2-Bedroom, and 3-Bedroom units.

Overall Size Range: 53 sqm to 217 sqm.

Featured Unit: 2-Bedroom ground floor apartment measuring 118 sqm with direct main pool views.

Finishing: High-spec, turn-key finishes with modern space planning and wide window openings.

Legal Security: Registered with a verified Green Contract.

What is the Payment Plan?

Square 9 provides flexible installment options as well as significant cash savings:

Option 1: 10% Down Payment with equal installments over 2 Years.

Option 2: 20% Down Payment with equal installments over 3 Years.

Option 3: 30% Down Payment with equal installments over 4 Years.

Cash Discount: 20% discount on upfront cash payments.

Maintenance Fee: 10% maintenance deposit.

Featured 118 sqm 2-Bedroom Unit Pricing:

Total Price: EGP 5,664,000

Cash Price (20% Discount): EGP 4,531,200

Why Invest in Aurora Palace?

Investing in Aurora Palace combines long-term asset growth with immediate capital security:

High Rental Potential: Situated in a high-demand resort district, units are optimized for short-term vacation rentals and long-term stays, generating strong double-digit annual rental yields.

Capital Appreciation: Magawish continues to experience property appreciation driven by expanding tourism infrastructure across Hurghada.

Low Load Factor: At 28%, buyers acquire maximum usable internal floor space relative to total build area.

Green Contract Security: Ensures legally verified ownership rights and smooth resales.

Where is Aurora Palace Located?

Aurora Palace is located in the prestigious Magawish District along Villages Road, positioned directly opposite the Mercure Hotel. Key transit times include:

Hurghada International Airport: 10 Minutes

Senzo Mall: 10 Minutes

Sahl Hasheesh: 18 Minutes

El Gouna: 30 Minutes

What Facilities & Amenities are Available?

Multiple Swimming Pools (including an Infinity Edge Pool & Heated Pool)

Wellness & Spa Center with Gym, Sauna, Steam Room, and Massage Rooms

Private Jacuzzi features

Fine Dining Restaurant & Pool Bar

3 Modern Elevators per building block

Smart Living Infrastructure with Fiber Internet & Home Automation

24/7 Gated Security, CCTV, and Access Control

Ample Dedicated Parking

Landscaped Gardens & Walking Paths

Frequently Asked Questions (FAQs)

1. What is the legal status of the land at Aurora Palace?

Aurora Palace holds a verified Green Contract, providing full, legally registered land ownership protection for local and foreign buyers.

2. Is the swimming pool accessible year-round?

Yes, the development features multiple swimming pools, including a heated pool for winter months.

3. Are short-term holiday rentals permitted at Aurora Palace?

Yes, the compound's location in Magawish and resort-style amenities make it structured for short-term vacation rentals and hands-off property management.