Overview
|Description
Clan Residents Red Sea
New Residential & Touristic Project beside Pickalbatros Hotels
Fast Facts
| Project frontage | 100 m on main Magawish axis |
| Total units | 360 apartments (studio to 3‑bed) |
| Unit sizes | 43 sqm – 150 sqm |
| Price / sqm | EGP 42,000 – 50,000 |
| Starting price | From EGP 2,552,000 |
| Delivery | Handover in 2.5 years |
| Payment plan | 20 % down + 80 % over 5 years |
| Maintenance | 10 % one‑off fee |
About the Project
Clan Residences lies in vibrant Magawish, Hurghada, only 5 minutes from Senzo Mall and 10 minutes from Downtown. Surrounded by a row of five‑star Pickalbatros resorts, the compound delivers a lifestyle of calm sophistication, natural beauty and community living.
Location Advantages
- Walk to Pickalbatros Hotels: enjoy paid beach access, water‑parks & promenades
- 15 min to Hurghada International Airport
- Direct access to the coastal road for effortless trips to Sahl Hasheesh & El Gouna
Masterplan & Unit Mix
A contemporary low‑rise design (G+4) maximises pool views and cross‑ventilation. Studios, 1‑, 2‑ and 3‑bedroom layouts feature private terraces and open‑plan kitchens for modern indoor‑outdoor living. (See floor‑plan samples on pages 9‑10 of the brochure.)
Resort‑Style Amenities
- 4 temperature‑controlled swimming pools + sun‑deck lounges
- 2 Jacuzzis for hydro‑therapy relaxation
- Fully equipped gym & separate spa zone
- Kids’ area with shaded playground & splash pad
- Restaurants & commercial strip (cafés, fine & casual dining, retail, supermarket, pharmacy)
- Secure parking & underground garages
- Smart‑gate security system with 24/7 CCTV & access control
Flexible Payment Plan
20 % reservation → 80 % equal instalments over 5 years
One‑time maintenance fee 10 % upon delivery
No bank mortgage is required—payments are made directly to the developer, giving both local and international buyers a simple, low‑risk entry into the Red Sea property market.
Investment Highlights
- Prime Hotel Zone Address – Capitalise on year‑round tourism demand generated by neighbouring Pickalbatros resorts.
- High Rental Yields – Furnished units in Magawish record 9‑11 % gross yields, outperforming New Cairo & North Coast averages.
- Rapid Equity Growth – Hurghada’s beachfront land prices have risen c. 15 % YoY since 2022.
- Turn‑key Handover – Optional furniture & property‑management packages ensure effortless passive income.
- Developer Track Record – Backed by Pickalbatros‑affiliated expertise with on‑time delivery across the Red Sea coast.
Mortgage Calculator
- Principle and Interest
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