Looking for a prime real estate investment in the heart of Hurghada? This fully furnished 100 SQM, 2-bedroom apartment situated on the 4th floor directly on the famous Mamsha Promenade offers unbeatable proximity to top dining, beaches, and tourist attractions with immediate high yield rental potential.
What is the Mamsha Promenade 2-Bedroom Apartment?
This property is a spacious 100 SQM residential unit positioned directly along Hurghada’s premier pedestrian boulevard, Al Mamsha Al Seyahi (The Touristic Promenade). Designed for comfortable coastal living and vacation hosting, the apartment features an open-plan layout, vibrant modern interior accents, and a private balcony overlooking the city street.
The interior presents a fully finished and furnished living space featuring a custom red granite open kitchen counter, a spacious main living area, and distinct private quarters. Its location inside a well-established building along Mamsha provides direct access to the most active tourist hub in the Red Sea region.
What are the Unit Specifications?
Property Type: Residential Apartment
Location: Mamsha Promenade, Hurghada, Red Sea Governorate, Egypt
Total Area: 100 SQM
Floor Level: 4th Floor (Accessible via Stairs)
Bedrooms: 2 Bedrooms (1 Master Bedroom with king bed frame, 1 Twin Bedroom with twin bed frames)
Bathrooms: 1 Bathroom (Marble vanity, bathtub with glass shower partition)
View: Street / City View
Finishing Level: Fully Finished (Super Lux)
Furnishing: Fully Furnished with fitted wooden wardrobes, bed frames, sofas, and custom red granite open kitchen counters
What is the Payment Plan?
Total Asking Price: 3,900,000 EGP
Payment Terms: Full Cash / Lump Sum Purchase (Resale Property)
Delivery Status: Ready to Move-In / Ready for Immediate Rental Exploitation
Why Invest in the Mamsha Promenade Apartment?
Unrivaled Tourist Location: Mamsha Promenade is the single most requested district for short-term holiday rentals in Hurghada. Tourists and digital nomads prefer staying within walking distance of public/private beaches, cafes, and nightlife.
Immediate Cash Flow: Because the unit comes completely furnished with essential furniture (king bed, twin beds, closets, living room suite, and fitted kitchen counters), you can list it on Airbnb or Booking.com immediately after acquisition.
Strong Capital Appreciation: Real estate values along prime coastal promenades in Hurghada maintain robust equity growth due to high demand and limited direct-boulevard land availability.
Competitive Price per Meter: At 3,900,000 EGP for 100 SQM in an iconic central area, this property offers a lower barrier to entry compared to newly launched off-plan beachfront resorts nearby.
Where is the Property Located?
Hurghada International Airport (HRG): 5–8 minutes drive
Al Kawthar District: 2 minutes drive / walking distance
Sheraton Road & Downtown Hurghada: 8–10 minutes drive
Nearest Public / Private Beaches: 3–5 minutes walk
Hurghada Marina: 12 minutes drive
What Facilities & Amenities are Available?
Prime Pedestrian Access: Direct walkout to pedestrian-friendly boulevards, top-rated restaurants, international coffee chains, and retail outlets.
Open Kitchen & Breakfast Bar: Modern American-style kitchen design featuring durable granite finishes.
Private Balcony: Spacious terrace area with wrought-iron railing overlooking the street.
Fully Equipped Bathroom: Includes integrated bathtub enclosure and high-grade marble vanity top.
Essential Infrastructure: Connected to municipal city water, electricity, and telecommunications networks.
Frequently Asked Questions (FAQs)
Is this property suitable for short-term holiday rentals like Airbnb?
Yes. Properties located on the Touristic Mamsha Promenade consistently achieve high occupancy rates year-round due to their proximity to the beach, airport, and tourist amenities.
Is an elevator available in the building?
No, the apartment is located on the 4th floor and is accessed via stairs. This feature is reflected in the competitive price tag of 3,900,000 EGP for a 100 SQM furnished unit in this zone.
Can foreign buyers legally purchase this apartment?
Yes, international investors can legally buy residential real estate in Hurghada, Egypt, with complete ownership rights registered through standard legal purchase agreements.
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