2 bedroom apartment 57 m² Red Sea, Egypt

Egypt
$65 769
$1 154/m²
;
Last update: 09/11/2026

Location

  • Country
    Egypt
  • State
    Red Sea

Description

Discover an exceptional turnkey investment or coastal home in Makadi Heights by Orascom Development, an integrated resort town elevated 78 meters above sea level in Makadi Bay, Red Sea.

Property Specifications:

  • Unit Type: Ground-Floor Corner Apartment

  • Built-Up Area: 57 SQM

  • Bedrooms: 2 bright bedrooms with expansive windows

  • Bathrooms: 1 contemporary bathroom with water heater

  • Outdoor Living: Large private corner garden with paved terrace and privacy hedges

  • Views: Open garden and community view

  • Finishing: Fully finished, functional open-plan layout

Financials & Handover:

  • Asking Price: 3,500,000 EGP (Cash resale)

  • Delivery: Ready to move in / Immediate handover

  • Investment Potential: High short-term holiday rental demand with expected 8% to 12% net annual yields, sitting well below new developer phase entry pricing

Community & Resort Amenities:

  • Makadi Heights Clubhouse with pools, gym, and restaurant

  • Homeowners private beach club access

  • Tennis courts, padel courts, and sports pitches

  • On-site commercial mall, supermarket, pharmacy, and medical clinic

  • 24/7 gated security and CCTV monitoring

  • Pet-friendly development; foreign freehold ownership permitted

Location Connectivity:

  • 10 minutes to Sahl Hasheesh

  • 12 minutes to Senzo Mall

  • 15 to 20 minutes to Hurghada International Airport

  • 20 to 25 minutes to Hurghada Marina

Property characteristics

Apartment parameters

  • Price per m²
    Price per m²
    $1 154/m²
  • Bedrooms
    Bedrooms
    2
  • Bathrooms
    Bathrooms
    1
  • Total area
    Total area
    57 m²

Interior details

Flooring:

  • Tiled floor

Cooling:

  • Air conditioner

Appliances:

  • Fridge
  • Washing machine
  • TV

Interior Features:

  • Furnitured
  • Equipped kitchen
  • American style kitchen
  • Satellite Dish
  • Cable Television

Security features:

  • Security
  • Gated Complex

Repair features:

  • Designer finishing

Construction details

Architectural style:

  • Modern

Utilities / Green Energy Details

Water information:

  • Yes

Electricity:

  • Yes

Exterior details

Parking features:

  • Covered parking

Exterior features:

  • Landscape design
  • Garden
  • Terrace
  • Swimming pool
  • Gym
  • Golf-course
  • Children Pool
  • Playing Ground

View:

  • Nature view

Orientation:

  • North

Location

  • Near school
  • By the beach
  • First Coastline
  • Close to the restaurant
  • Close to the supermarket
  • Close to the hospital

Additionally

  • Management company

Trading information

  • Fixed Price

Payment information

  • Clean offer

Energy efficiency class

  • Standard

Location on the map

Egypt
Food & Drink

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