EGP 4,187,500

1 Bedroom
1 Bathroom
721 sqft / 67 sqm
APARTMENT FOR SALE IN MAGAWISH RESORT, HURGHADA RESORTS

buy & invest in Platinum Resort Enjoy Luxury Life

*Platinum Resort*Elevate your lifestyle to the highest levels of luxury and distinction – Welcome to Platinum Resort.
Location:
- Magawish Tourist Center – Tourist Villages Road – Hurghada.

Luxury Details on 11,250 sqm:
- A secure area near Russian and Italian embassies.
- Premium hotels: (Rixos, Turkish Hotel, French Mercure, New Eagles affiliated with the Armed Forces, and Albatros Hotels in partnership with Germany).
- Nearby landmarks: Grand Aquarium, Hurghada Museum, and St. Joseph School. Al-Hayat and Al-Yasmeen hospitals,
- Public Beach No. 9, Carrefour, Senzo Mall, Bank Complex.
- 3 km from the international airport.
* A fully integrated touristic and entertainment complex in the Magawish area, developed by Capital Construction on 80,000 sqm, featuring a complete tourist promenade, green spaces, a shopping mall hosting a variety of international brands (restaurants, cafes, food court, hypermarket, spa and gym, beauty center, banks, ATM center, car showrooms, tourist bazaar, walking track, paddle and tennis courts, children’s play area, office spaces, pharmacies, medical clinics).*
Resort Features:
- Full hotel management with buildings covering 60% of the project area, the rest is dedicated to landscape.
- Two swimming pools, 6 elevators, a health club (gym, spa, sauna, jacuzzi).
- 24/7 security system.
- Cleaning services, guaranteed rental management, and resale services.

First Shopping Mall in the Area:
- 38 shops, pharmacies, restaurants, cafes, hypermarket, and green spaces (19,000 sqm).
- Two private beaches: Gravity Samra Bay and Palma Beach Piazza Sahl Hasheesh.

Investment:
- Rental income: $50 to $120 per day.
- Sales return: 200% to 350% within 1 year and 4 months.
Available Units:
- Studio: 46 - 56 sqm.
- One-bedroom apartment: 67 - 89 sqm.
- Two-bedroom apartment: 100 - 106 sqm.
Payment Plans:
- 15% down payment with a 10% discount.
- Installments over 5 years.
- Handover by 31-12-2025.
- 8% maintenance deposit.

Property details

Property Type

Apartment

Property Size

721 sqft / 67 sqm

Bedrooms

1

Bathrooms

1

Available from

21 Sep 2024


Amenities

Balcony

Shared Pool

Shared Spa

Security

Covered Parking

Walk-in Closet

View of Water

View of Landmark

Shared Gym

Lobby in Building


Location

Map preview

Price Insights

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Provided by

Nashwa Emerald

EMERALD REAL ESTATE

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Regulatory information
Regulatory information

Reference

END-Platinum Resort-No.424-Phase1

Listed

2 months ago

Payment method

Cash or  Installments

Down payment

565,312 EGP