Sea View Studio for Sale in Clan Residence Hurghada

Magawish Property Id: HRA-358/2-S

2,998,600

Sea View Studio for Sale in Clan Residence Hurghada

WE'RE HERE TO ASSIST

Studio
Beds:0
Baths:1
58 M²

Description

Clan Residence is Prime Development's modern Magawish compound — the team behind the fully delivered Majra coastal project. This 58 sqm first-floor studio in Building D offers a sea view, open-plan layout, and elegant finishes, with a choice of 4-year or 5-year payment plans and delivery ready.

1. Unit Specifications

Type: Studio
Project: Clan Residence, Magawish, Hurghada
Developer: Prime Development
Building: Building D
Size: 58 sqm
Floor: 1st floor
Layout: Open-plan
View: Sea view
Finish: Elegant modern finishes
Status: Ready for delivery
Maintenance Fee: 10%

2. Payment Plan

Option 1:
15% down payment
Installments over 4 years
Option 2:
20% down payment
Installments over 5 years
Cash Purchase: 20% discount available for full upfront payment
Contact the ROI Real Estate team for the current listed price and installment breakdown. For buyers comparing studio options across the Hurghada market, browse apartments for sale in Hurghada.

3. About Clan Residence

Clan Residence spans 10,000 sqm in Magawish with 40% dedicated to landscaping and leisure across 380 units. Prime Development's track record — Majra delivered on schedule, established since 2007, active New Capital projects — provides meaningful delivery certainty for off-plan buyers in a market where this is not always guaranteed.
The compound sits five minutes from Senzo Mall within Magawish's hotel corridor, adjacent to five-star hotel infrastructure that generates consistent tourist rental demand. Two heated pools extend the resort's appeal through winter months, supporting year-round occupancy for investors. Buyers can review current rental rates for comparable units through properties for rent in Hurghada.

4. Facilities & Amenities

4 swimming pools (2 heated year-round)
Jacuzzi
Gym
Kids' play area
Pool bar
Landscaped gardens
Commercial area — cafés, restaurants, retail, supermarket
Underground parking
24/7 gated security

5. Investment Case

58 sqm sea view studio — lowest entry cost in Clan with a premium view: Studios carry the lowest purchase price within the compound while retaining full access to all amenities and the sea view premium — producing the strongest yield-to-price ratio within Clan's unit range
Building D sea view from the 1st floor: A sea view from an elevated position in Building D provides a strong rental listing feature — sea view studios in Magawish's hotel corridor consistently outperform pool-only equivalents in nightly rate and occupancy
Ready for delivery — no construction wait: Unlike other Clan units with a 2.5-year timeline, this studio is ready — rental income can begin immediately after ownership transfer
Prime Development credibility: Majra delivered on time and fully operational — buyers can verify the developer's build quality and delivery reliability before committing to this purchase
Explore other available properties in this district at properties for sale in Magawish.

6. Location

Senzo Mall: 5-minute drive
Five-star hotels and beach: Immediate vicinity
Touristic Promenade: Short drive
Setting: Magawish — calm residential atmosphere within Hurghada's hotel corridor

7. FAQs

Q: Is this studio ready for immediate handover or still under construction?

A: This specific unit is ready for delivery — contact the ROI Real Estate team to confirm the exact handover timeline and any remaining administrative steps before transfer of ownership.

Q: How does a 58 sqm studio perform on the short-term rental market in Magawish?

A: Sea view studios in well-amenitised compounds within Magawish's hotel corridor are among the strongest-yielding unit types in southern Hurghada — low purchase price, competitive nightly rates, and strong occupancy from the hotel zone's overflow tourist demand produce attractive annual returns.

Q: Does foreign ownership apply to studios in Clan Residence?

A: Egypt permits foreign nationals to purchase property, and ROI Real Estate provides full legal support for international buyers throughout the purchase and registration process. Contact the team for details specific to this unit.