EGP 2,940,000

Studio
1 Bathroom
527 sqft / 49 sqm
APARTMENT FOR SALE IN MAGAWISH, HURGHADA

Discover Exceptional Investment Potential

Business Center
• Meeting Rooms: Equipped with modern facilities for business meetings and conferences.
• Office Spaces: Available for rent, providing a professional environment for work.
• Internet Access: High-speed internet access to keep you connected.
• Support Services: Administrative support and other services to assist business travelers.
Shopping Mall
• International Brands: A variety of international brands offering fashion, accessories, and more (12 shops duplex).
• Cafes & Restaurants: Multiple dining options, including cafes and restaurants serving a range of cuisines (4 Restaurants – 5 Cafés).
• Food Court: A food court with a selection of fast food and local delicacies.
• Hypermarket: A large supermarket for all your shopping needs (8 shops duplex).
• Spa & Beauty Center: Facilities for relaxation and beauty treatments.
• Banks & ATMs: Convenient banking services and ATMs.
• Medical Clinics: On-site medical clinics for health and wellness needs.
• Entertainment Options: Paddle and tennis courts, children's play area, and a tourist bazaar for shopping and entertainment.

Payment plans

• 15% Down Payment with Discount: Pay 15% upfront and receive a 10% discount on the total price
• 85% Installments: Spread the remaining 85% over 5 years with 0% interest
• 8% maintenance fee for all the services.

Rental Income
• Potential Rental Income: Properties can generate rental income ranging from $50 to $120 per day
• Sales Return: Investors have seen returns of 200% to 350% within 1 year and 4 months

Property details

Property Type

Apartment

Property Size

527 sqft / 49 sqm

Bedrooms

studio

Bathrooms

1

Available from

12 Oct 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

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Red Sea

Provided by

Osama Hamed

EMERALD REAL ESTATE

See all properties (2598)

Regulatory information
Regulatory information

Reference

EOH- Platinum- No423

Listed

1 month ago

Payment method

Cash or  Installments

Down payment

441,000 EGP