Luxury Sea View Apartments at The View Residence Hurghada | Island View Phase
Sheraton Property Id: HRA-008/6-S
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- Apartment
- Beds:2
- Baths:2
- 214.5 M2
Description
What is The View Residence Hurghada?
The View Residence Hurghada is an exclusive coastal resort developed by Egyptian Kuwaiti Developers (EKD), built atop a scenic natural cliff in the heart of downtown Hurghada along Old Sheraton Road. Designed to blend contemporary architecture with classic oriental aesthetics, the elevated terrain grants most residential units panoramic views of the Red Sea and offshore islands. The community delivers a resort-style lifestyle paired with downtown convenience, offering private beach access, landscaped open spaces, and premium serviced living.
What are the Unit Specifications?
Phase: Island View Phase
Unit Number: (Ground Floor)
Property Type: 2-Bedroom Luxury Apartment
Gross Area: 214.5 SQM
Finishing: High-end deluxe finish with wide glass frontages maximizing natural sunlight and sea views.
Layout Highlights: Expansive open living and dining area, master bedroom with en-suite dressing area and private bathroom, second bedroom, shared bathroom, modern kitchen, and a private outdoor terrace.
What is the Payment Plan?
Contract Price: 22,580,650 EGP
Cash Discount: 30% discount available on upfront cash purchases.
Installment Duration: 6 Years (24 quarterly installments)
Initial Deposit: 10% down payment (2,258,065 EGP) plus 50% of the maintenance fee (564,516 EGP).
Month 3: 10% payment (2,258,065 EGP).
Month 6: 10% payment (2,258,065 EGP) plus the remaining 50% maintenance fee (564,516 EGP).
Remaining Balance: Distributed over the subsequent 5.5 years in equal quarterly payments of approximately 718,475 EGP.
Utilities: 49,050 EGP for water, electricity, and gas meters.
Why Invest in The View Residence?
Capital Appreciation: Prime central land on Old Sheraton Road is scarce, protecting real estate values and driving steady long-term appreciation.
Strong Rental Yields: Due to its cliffside sea views, private beach, and walking proximity to central Hurghada amenities, units command top-tier daily and monthly rental rates from European vacationers and digital nomads.
Reputable Developer: Built by Egyptian Kuwaiti Developers, an established firm with more than 40 years of regional construction and development experience across Egypt and MENA.
Where is The View Residence Located?
Located on Old Sheraton Road in Hurghada, Egypt, the compound offers direct access to key Red Sea travel hubs and destinations:
10 minutes to Hurghada International Airport (HRG)
5 minutes to Hurghada Marina Boulevard and Downtown Sakala
20 minutes to El Gouna and Sahl Hasheesh
What Facilities & Amenities are Available?
Private sandy beach with 2 dedicated beachfront swimming pools, restaurant, and beach bar
10 swimming pools distributed across the individual phases
Full-service clubhouse with a heated pool, padel tennis courts, and football field
Modern gym, fitness center, and luxury wellness spa
Dedicated children's playground and secured play areas
On-site commercial strip with cafes, retail outlets, and EV charging stations
24/7 security, controlled-access entry gates, and building management services
Frequently Asked Questions (FAQs)
What views does unit offer?
Unit features sea views overlooking the Red Sea coast and Island View landscaped grounds.
Can foreign buyers purchase property with full freehold title here?
Yes, foreign nationals can purchase units at The View Residence with full freehold ownership rights.
What are the maintenance fee conditions?
The maintenance deposit is 5% of the total unit price, split into two equal installments paid at signing and at month six.
Related Projects (You May Also Like)
Veranda Sahl Hasheesh: Mediterranean-style private residences with golf facilities and private beach club access.
Property Details
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Property Id :
-
Price :
-
Property Size :
HRA-008/6-S
22,580,650 LE
214.5 M2
Beds :
Baths :
View :
2
2
Sea view
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Property Type:
-
Status:
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Apartment;
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New Development
Features
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Turn-Key
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Central Satellite
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Cafes & Restaurants
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Supermarket
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24/7 Security
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Laundry Service
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SPA, Health Club
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Rental Guarantee
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Parking
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Elevators
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Closed Community
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Landscaped Areas
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Luxury Finishing
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50% Landscaped
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Swimming Pool
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Balcony/Terrace
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High Standard Finishing
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Garden
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Private Beach
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Beach Access
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Club House
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Walk-in Closet
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GYM
Location Hurghada, Sheraton
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