Veranda Sahl Hasheesh – Alexandra Studio 54m² with Private Terrace

Veranda Sahl Hasheesh is a master-planned coastal community by Selena Development spanning over 130,000 m², built around an English village square concept with a central piazza and Big Ben-inspired clock tower. This Alexandra model studio sits on the 1st floor in Zone E (Building EA06), featuring a private outdoor terrace.

1. Unit Specifications

• Unit Type: Studio with Private Terrace

• Model: Alexandra, Type C

• Zone: Zone E (Building EA06)

• Gross Built-Up Area (BUA): 54 m²

• Floor Level: 1st Floor

• Layout: Entrance foyer, open-concept living/bedroom area, fitted kitchen corridor with plumbing provisions, full modern bathroom with walk-in shower and marble countertop, expansive outdoor terrace

• Finishing Standard: Fully finished to high-spec standards, featuring first-grade ceramic tile flooring, suspended gypsum board ceilings, Jotun-grade interior paint, high-durability PVC external section doors and windows, pre-wired electrical and A/C provisions, and central satellite reception

2. Payment Plan

• Total Contract Price: 5,819,184 EGP

• Down Payment (55%): 3,200,551 EGP

• Remaining Balance (45%): 2,618,633 EGP payable across 4 years

• Installment Schedule: 16 equal quarterly payments of 163,664 EGP

• Maintenance Deposit: 10% (581,918 EGP) payable upon handover

• Delivery Date: Within 1 year

Compare with other apartments for sale in Hurghada to see how this payment plan stacks up.

3. About Veranda Sahl Hasheesh

The resort harmonizes Mediterranean-style architecture with exotic gardens, reflecting lagoons, and tranquil waterways, designed to provide absolute privacy and serene community living combined with boutique hospitality services. Browse more properties for sale in Sahl Hasheesh to explore similar developments in the bay.

4. Facilities & Amenities

• Exclusive Beach Access: Dedicated private beach on Sahl Hasheesh Bay with sunbeds, cabanas, and beach bar

• Water Features: Multiple swimming pools, interconnected swim lagoons, cascading waterfalls, and children's splash zones

• Health & Wellness: Comprehensive spa, sauna, wellness center, and fully equipped gym

• Sports Courts: Regulation tennis courts, football pitch, croquet lawn, and basketball grounds

• Dining & Social: Central clubhouse, fine dining restaurants, pool bar, and shaded piazza lounges

• Convenience & Mobility: Golf-car shuttle transit within the resort, on-site supermarket, pharmacy, and professional reception/concierge

• Security & Infrastructure: 24/7 security with gated perimeter control, electric vehicle points, and designated owner/visitor parking

5. Investment Case

• Year-Round Rental Demand: Sahl Hasheesh is the Red Sea's luxury bay hub, attracting European and regional tourists seeking premium short-term holiday rentals throughout winter and summer alike.

• On-Site Management Department: The compound features an integrated rental management and housekeeping service, enabling truly hands-off ownership and consistent occupancy.

• Near-Term Capital Gains: With a fast 1-year delivery schedule, capital is protected against prolonged build-out cycles, positioning the unit to generate rental returns quickly while remaining on an extended 4-year installment plan.

• Secured Land & Project Legality: The underlying land is fully paid to the Egyptian Resorts Company (ERC), backed by official ministerial allocations and valid building licenses. Investors weighing rental income can also check properties for rent in Hurghada to benchmark current market yields.

6. Location

• 15–20 minutes from Hurghada International Airport

• 25 minutes from downtown Hurghada

• 30 minutes to Senzo Mall and key shopping hubs

• 40–50 km to Soma Bay and El Gouna

• Direct access to the 12.5 km coastal promenade connecting Sahl Hasheesh's hotels, diving bays, and Old Town marina

7. FAQs

Q: Can I rent out my unit immediately after handover?

Q: What does the 10% maintenance deposit cover?

Q: Is the development legally registered and approved?