Clan Residents Hurghada: Cityscape Offer on Luxury Pool-View Studios

Magawish Property Id: HRA-358/12-S

2,907,000 EGP

Clan Residents Hurghada: Cityscape Offer on Luxury Pool-View Studios

WE'RE HERE TO ASSIST

Studio
Beds:0
Baths:1
57 M²

Description

What is Clan Residents?

Clan Residents is a modern residential and investment community developed by Prime Developments in Magawish, Hurghada. Designed to harmonize clean architectural luxury with the laid-back rhythm of the Red Sea coast, Clan provides a tranquil sanctuary bordered by renowned 5-star resorts while maintaining rapid connectivity to central Hurghada. Whether acquired as an upscale coastal retreat, a permanent residence, or a high-performing rental property, the project delivers a refined resort lifestyle centered around expansive open courtyards, landscaped greenery, and private leisure zones.

What are the Unit Specifications?

This exclusive Cityscape release features Unit , a premium pool-view studio located on the First Floor of Block C:

Total Built Area: 57 sqm internal living footprint plus a dedicated private balcony.

Finishing Level: Fully finished turnkey delivery with contemporary materials, fixtures, and large panoramic glass doors.

Primary View: Direct, elevated pool-view orientation overlooking the central leisure decks and water features.

What is the Payment Plan?

Unit is offered at a base value of EGP 2,907,000, with flexible developer financing structures and a delivery timeline within 2 years (handover scheduled for late 2028):

6-Year Extended Plan (5% Cityscape Discount):

Net Unit Value: EGP 2,761,650

Down Payment (15%): EGP 414,248

Quarterly Installments (24 quarters): EGP 80,548

Handover Delivery Payment (15%): EGP 414,248 (due late 2028)

5-Year Plan (0% Down Payment):

Total Unit Value: EGP 2,907,000

Down Payment: 0%

Quarterly Installments (20 quarters): EGP 130,815

Handover Delivery Payment (10%): EGP 290,700 (due late 2028)

Full Cash Purchase (25% Discount):

Net Cash Price: EGP 2,180,250

(Note: A 10% maintenance deposit of EGP 290,700 is payable six months prior to key handover).

Why Invest in Clan Residents?

High Net Rental Yields: Studio units in Magawish represent the most sought-after unit type for international tourists, digital nomads, and kitesurfing enthusiasts due to affordable nightly pricing and high occupancy rates throughout the winter season.

Positive Cash Flow Before Payoff: Because deliveries commence in 2028 while payment schedules stretch to 2031–2032, owners can monetize their studio via short-term holiday rentals to directly offset outstanding installment obligations.

Capital Appreciation: Entering an off-plan development during promotional exhibition periods secures entry pricing in Egyptian Pounds, locking in real-asset inflation hedging and market value appreciation as construction reaches completion.

Turnkey Facility Management: On-site property management, concierge reception, and housekeeping services ensure that hands-off international investors can operate passive rental operations smoothly.

Where is Clan Residents Located?

Clan Residents is positioned in the tranquil residential enclave of Magawish, Hurghada, directly across from the Red Sea coastline and within immediate reach of essential arterial highways:

2 Minutes: Hurghada Grand Aquarium

5 Minutes: Hurghada Touristic Promenade (El Mamsha)

10 Minutes: Hurghada International Airport

10 Minutes: Senzo Mall & Commercial Shopping District

10 Minutes: Hurghada Banking & Financial Hub

15 Minutes: Sahl Hasheesh Bay & Hurghada Marina

25 Minutes: El Gouna

What Facilities & Amenities are Available?

Resort Swimming Complex: Adults’ and children’s swimming pools, heated winter pools, and outdoor leisure jacuzzis.

Health & Wellness: Dedicated wellness gym, luxury spa facilities, and landscaped relaxation zones.

Commercial Convenience: Clan commercial promenade featuring retail shopping, an on-site supermarket, pharmacy, and artisanal cafes.

Resident Infrastructure: Underground parking bays, high-speed modern passenger elevators, and a hotel-grade reception lobby.

Safety & Upkeep: 24/7 manned security, CCTV surveillance across all corridors, full property management, and available housekeeping services.

Frequently Asked Questions (FAQs)

Q1: What makes Magawish an optimal district for real estate investment in Hurghada?

Magawish offers a low-density, quiet coastal environment surrounded by luxury hotel resorts, yet sits less than 10 minutes from both Hurghada International Airport and Senzo Mall. This geographic balance creates high sustained demand for holiday rentals and executive lets.

Q2: Can foreign investors legally acquire freehold property at Clan Residents?

Yes. Under Egyptian property law, foreign buyers are entitled to 100% freehold property ownership, complete with registered contracts, inheritance rights, and the option to apply for real estate residency visas based on property value.

Q3: Is the unit delivered ready for immediate occupancy or rental leasing?

Yes. Units at Clan Residents are handed over fully finished to high architectural specifications, requiring only internal furniture packs and personal appliances before hosting guests or moving in.

Related Projects (You May Also Like)

Riva Beachfront: A luxury waterfront development featuring sea-view residences with direct beach access and high-yield hospitality infrastructure.

Hayat Beach Resort: Premium coastal living offering contemporary serviced units, private beachfront amenities, and comprehensive vacation-rental management.

Veranda Sahl Hasheesh: An upscale Mediterranean-style gated community in Sahl Hasheesh equipped with a private beach club, lagoons, golf access, and established rental appeal.