Property Abroad

Egypt

Red Sea

Hurghada

Flat

Flat 38 м² in Hurghada, Egypt

36 479 $

959 $ /м²

4OhD2

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #1

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #2

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #3

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #4

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #5

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #6

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #7

Flat 38m² in Egypt, Hurghada. Priced at 31100€ rent photo- #8

Area

38 м²

Bedrooms

Bathrooms

Apartments by the sea in Hurghada - a new project in the area of Magavish

New project in the center of Hurghada (Magavish)

го European lifestyle by the Red Sea

го Magavish is one of the most developed and promising areas of Hurghada, ideal for living, recreation and investment.

ных The area is quickly being built up with new modern projects in European style, with well-thought-out infrastructure and excellent transport accessibility.

Your personal real estate and real estate investment manager – Elena Selibovskaya – offers:

Start selling! New residential project.

Ра Location: directly opposite the Rixos Hotel, 5 minutes to the sea

Apartment options:

Studio 28 m2 - from 810.000 EGP (approximately 14.700 €)

1 bedroom - from 1.710.000 EGP (≈ 31.000 €)

2 bedrooms - 4.565.000 EGP (≈ 82.573 €)

Terms of purchase:

30% - first installment

Installment up to 2.5 years

15% discount with full payment in cash

Return in 2 years

д In complex:

Only 47 apartments - cozy and private

2 pools

On-site rental management

All-night security and security 24/7

е Contact us today and book your corner by the sea!

Prices are current on the day of the announcement.

I like the project - write me a message - I will help you find an interesting option.

Investment, vacation or relocation - Magavish offers everything you've been looking for!

Services and facilities

Air conditioner

Street window

Garage/parking

Pool

Balcony or terrace

Internet

Additional details

Property type

New Building

Number of rooms

Floor

Object type

Flat

Price

36 479 $

Condition

Under Construction

Location

By the Sea

Characteristics

Air conditioner

Street window

Garage/parking

Pool

Balcony or terrace

Internet

Sea View

City View

Infrastructure

Open pool

Playground

Relaxation area

Wi-Fi

Security 24/7

Concierge

Purchase method

Bank transfer

FAQ

In Egypt a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Hurghada; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Egypt finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Egypt takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Hurghada short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (36 479 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Hurghada: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).