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