Prime 2-Bedroom Furnished Apartment with Side Sea View on El Mamsha Promenade

Mamsha - Promenade Property Id: HRA-507-S

3,510,000

Prime 2-Bedroom Furnished Apartment with Side Sea View on El Mamsha Promenade

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Apartment
Beds:2
Baths:1
90 M²

Description

What is the El Mamsha Promenade 2-Bedroom Apartment?

This fully furnished 2-bedroom apartment offers a classic coastal living experience directly along El Mamsha Tourist Promenade, Hurghada’s premier pedestrian boulevard. Spanning 90 SQM on the 4th floor, the unit captures a vibrant resort atmosphere with open promenade vistas and side views of the Red Sea from its private balcony.

Designed for buyers who want immediate occupancy or a turnkey rental unit, the apartment features an open-plan living and kitchen layout with modern accent walls, dedicated dining bar seating, and comfortably proportioned bedrooms. Living on El Mamsha puts you steps away from top dining, shopping, and beach clubs while ensuring year-round popularity among tourists and international long-term tenants.

What are the Unit Specifications?

Property Type: Resale Residential Apartment

Total Area: 90 SQM

Floor Level: 4th Floor (Stairs Access Only)

Bedrooms: 2 Bedrooms

Bathrooms: 1 Full Bathroom with Marble Countertop, Vanity, and Enclosed Glass Tub/Shower

View: Side Sea View & Direct Promenade View from Private Balcony

Finishing & Furnishing: Fully Furnished and Equipped

Open-concept kitchen with custom granite countertops, built-in cabinetry, and breakfast bar

Spacious living room complete with seating furniture, media console, and accent lighting

Fitted wardrobes, quality bed frames, and vanity units included in bedrooms

What is the Payment Plan?

Asking Price: 3,510,000 EGP

Payment Terms: Full Cash / Immediate Delivery

Ownership Status: Ready to move in or lease immediately upon contract execution

Why Invest in El Mamsha Promenade?

Exceptional Rental Yields (ROI): El Mamsha Promenade remains one of Hurghada's top-performing zones for short-term holiday rentals and digital-nomad stays, keeping occupancy rates high throughout both summer and winter seasons.

Turnkey Condition: Fully furnished with zero lead time required for renovation, allowing investors to list on booking platforms immediately and start earning rental income.

Strong Capital Appreciation: Prime real estate along the main pedestrian strip holds fixed scarcity value; demand for frontline properties on El Mamsha consistently drives resale value growth over time.

Competitive Entry Price: At 3,510,000 EGP for a 90 SQM 2-bedroom layout, this property offers a low entry price point per square meter for prime center-city coastal real estate.

Where is El Mamsha Promenade Located?

Situated directly on Al Mamsha Al Seyahi (The Tourist Promenade) in central Hurghada, this property boasts peak walkability and convenience:

Hurghada International Airport: ~5 to 8 minutes by car

Hurghada Marina & Downtown (Sakkala): ~10 minutes drive

Nearest Beach Clubs & Access Points: 2 to 5 minutes walk

Daily Amenities: Supermarkets (Carrefour/Spinneys nearby), pharmacies, international cafés, and banks are right at your doorstep.

What Facilities & Amenities are Available?

Direct step-out access to the pedestrian walk of El Mamsha Promenade

Open side sea and city views from the private outdoor balcony

Fully equipped open-plan kitchen with breakfast bar counter

Installed split air conditioning units and decorative lighting fixtures

Proximity to private beach access passes and local hotel day passes

Vibrant neighborhood surrounding with 24/7 street lighting, security presence, and transport links

Frequently Asked Questions (FAQs)

1. Is there an elevator in the building?

No, this unit is located on the 4th floor with stair access only, which is reflected in the highly attractive price point per square meter for this location.

2. Can foreign buyers purchase this property?

Yes, foreign nationals can purchase residential real estate in Hurghada on a freehold/registered basis with full legal ownership rights.

3. What is the expected rental model for this unit?

Due to its prime spot on El Mamsha Promenade, the apartment works exceptionally well as a short-term Airbnb/holiday lease or as a long-term rental for expats working in nearby hotel resorts or diving centers.