Property or Location in Egypt

1 Bedrooms Penthouse for sale in Mangroovy El Gouna, Hurghada

Property type Penthouse
Bedrooms 1
Property size 91 sqm
Completion Nov 2021
Finishing Fully Finished
Project name

Mangroovy El Gouna

Developer

Mangroovy Residence

District Gouna
Area Hurghada
City Red Sea
Status

Ready To Move

Developer CodeM8-11-3-137
SupplierMangroovy Residence
LicenseResidential
TypePenthouse
DeveloperMangroovy Residence
ProjectMangroovy El Gouna
ZoneM8
FinishingFully Finished
Status 2Ready To Move
Bua91
Sale Price5740588
Price Per M Bua63083.38
Roof M50
Rooms1
Payment Plans20.10.0.0
CountryEgypt
CityRed Sea
AreaHurghada
DistrictGouna

Mangroovy El Gouna Master Plan

Master Plan

Mangroovy El Gouna Map

Map

What is the price for 1 bedroom Penthouse in Mangroovy El Gouna , Hurghada ?

The price for 1 bedroom Penthouse in Mangroovy El Gouna , Hurghada is 5,740,588 EGP

Properties For Sale

Properties For Sale

All prices on elbayt.com website are starting prices. All the prices are updated and provided by project developer.

Last updated: Oct 2021

Size Type Bedroom Finishing No of years District Area Project
67 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
90 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
112 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
113 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
103 Sqm Penthouse 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
99 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
91 Sqm Penthouse 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
97 Sqm Penthouse 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
129 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
99 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
88 Sqm Penthouse 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
116 Sqm Penthouse 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
120 Sqm Penthouse 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
93 Sqm Chalet 1 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
126 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
131 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
130 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
114 Sqm Penthouse 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
135 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
168 Sqm Penthouse 3 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
171 Sqm Penthouse 3 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
128 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
128 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
133 Sqm Chalet 2 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
160 Sqm Chalet 3 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
161 Sqm Penthouse 3 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
160 Sqm Penthouse 3 Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
282 Sqm Townhouse Fully Finished 4 Gouna Hurghada Mangroovy El Gouna
259 Sqm Townhouse Fully Finished 4 Gouna Hurghada Mangroovy El Gouna

Your Ultimate Guide to Hurghada: The Best Real Estate Market in Egypt

Nestled along the glistening shores of the Red Sea, Hurghada has evolved into a captivating gem in Egypt's real estate landscape. 
 
Hurghada: Where Coastal Living Meets Luxury
Community Diversity:
Hurghada's real estate offerings encompass a diverse array of communities, each with its own distinct charm. From beachfront elegance to urban sophistication, there's something for everyone.
 
Landmarks and Attractions:
- Red Sea Treasures: Hurghada's pristine beaches and crystal-clear waters are a haven for beach enthusiasts and water sports aficionados. The Red Sea's stunning coral reefs and underwater life provide unmatched diving and snorkeling experiences.
- Giftun Island: A short boat ride away, Giftun Island invites residents to explore its marine reserve, where colorful corals and exotic marine species thrive in their natural habitat.
- El Dahar: Immerse yourself in local culture in El Dahar, Hurghada's old town. Vibrant souks, traditional markets, and historic landmarks offer an authentic Egyptian experience.
- New Marina: The New Marina is a modern hub of entertainment, shopping, and dining. It's a testament to Hurghada's transformation into a cosmopolitan destination.
 
Investment Temptations: Why Choose Hurghada?
- Tourism Haven: Hurghada is a prime tourist hotspot, attracting a continuous stream of visitors. This paves the way for lucrative investments in vacation rentals and holiday homes.
- Growing Demand: Affordable property prices combined with the allure of coastal living have led to a rising demand for both residential and commercial properties in Hurghada.
- Red Sea Riviera Development: The government's strategic focus on developing the Red Sea Riviera promises enhanced infrastructure, boosting property values and rental yields.
- Investment-Friendly Policies: Egypt's investor-friendly policies and attractive tax incentives make Hurghada an ideal destination for property investors seeking favorable returns.
- Rental Potential: The popularity of short-term vacation rentals ensures a steady rental income, further solidifying Hurghada's position as an investment goldmine.
 
A Tropical Haven for Residents:
- Quality of Life: Residents of Hurghada savor a laid-back lifestyle enriched by the calming sea breeze, captivating landscapes, and a sense of community.
- Entertainment and Leisure: A thriving nightlife, waterfront dining, and cultural experiences offer residents ample opportunities to unwind and enjoy life to the fullest.
- Health and Well-Being: The coastal environment promotes well-being, offering residents a chance to embrace outdoor activities, water sports, and a healthy lifestyle.
 
A Magnet for Investors:
- Rapid Appreciation: The Red Sea Riviera's development plans are projected to enhance property values, promising lucrative returns for astute investors.
- Steady Rental Income: The year-round influx of tourists ensures a consistent stream of rental income, making it an attractive proposition for investors seeking financial stability.
- Diversified Portfolio: Hurghada's property market caters to various budgets, allowing investors to create a diversified real estate portfolio.
 
The Hurghada real estate market is a captivating fusion of coastal charm, luxurious living, and unparalleled investment potential. With its diverse communities, breathtaking attractions, and a promising environment for investors, Hurghada shines as a beacon of opportunity on Egypt's real estate horizon. Whether you're seeking a dream residence or aiming to expand your investment portfolio, Hurghada's allure is undeniable – a coastal paradise that beckons both residents and investors with its irresistible charm.

Reference: https://en.wikipedia.org/wiki/Hurghada

Mangroovy Residence Lifestyle: An Insider's Guide to Egypt's Real Estate Developer

Mangroovy Residence: Luxury Living on the Red Sea

Mangroovy Residence is a luxurious real estate development located in El Gouna, on the stunning Red Sea coast of Egypt. The project is designed to offer a unique living experience that combines world-class design, sustainability, and modern amenities. 

History and Reputation:

Mangroovy Residence was developed by Orascom Development Holding (ODH), a leading developer of resort communities in Egypt. ODH has a strong reputation for delivering high-quality projects that are designed to enhance the natural beauty and culture of Egypt. Mangroovy Residence is no exception and has quickly established itself as a leading real estate development in the Red Sea region.

Real Estate Projects:

Mangroovy Residence offers a range of luxurious residential properties, including villas, townhouses, and apartments. The development is designed to provide residents with the perfect balance of privacy, comfort, and luxury. The villas and townhouses offer spacious living areas, private pools, and stunning views of the Red Sea. The apartments are equally luxurious and offer easy access to the beach and other amenities.

Achievements and Important Facts:

Mangroovy Residence has achieved several milestones since its inception. The development has won several awards for its innovative design, sustainability, and customer service. In 2019, Mangroovy Residence was awarded the "Best Residential Development in Egypt" at the Africa & Arabia Property Awards. The development is also committed to sustainability and has been designed with the latest technologies and practices to reduce energy consumption and minimize its environmental impact.

Another important fact about Mangroovy Residence is its prime location. The development is located in El Gouna, one of the most desirable resort communities in Egypt. El Gouna offers a range of world-class amenities, including championship golf courses, pristine beaches, and a vibrant nightlife scene.

Why Invest in Mangroovy Residence?

Investing in Mangroovy Residence offers several benefits for buyers and investors. Firstly, the development is designed to provide a unique and luxurious living experience. The villas, townhouses, and apartments are all designed with modern amenities and luxurious finishes that make living in Mangroovy Residence a true pleasure.

Secondly, investing in Mangroovy Residence is a smart financial decision. The development is located in a prime location, and property values in El Gouna have consistently increased over the years. With the strong reputation of Orascom Development Holding and the quality of the Mangroovy Residence project, investors can expect solid returns on their investment.

Buyer Guide:

If you're considering investing in Mangroovy Residence, there are a few things to keep in mind. Firstly, it's important to do your research and understand the development's history, portfolio, and reputation. Secondly, consider your investment goals and choose a property that aligns with those goals.

Finally, work with a reputable real estate agent who can guide you through the buying process and ensure that you're making an informed decision. With careful consideration and the right support, investing in Mangroovy Residence can be a smart financial decision that offers both long-term growth potential and a high-quality living experience on the stunning Red Sea coast.

Reference: http://www.mangroovyresidence.com

About 1 Bedrooms Penthouse for sale in Mangroovy El Gouna

This 1 Bedrooms Penthouse in Mangroovy El Gouna comes in the size of Mangroovy El Gouna 91 sqm is for sale for 5,740,588 EGP with a price per sqm of 63,083 EGP . This unit is located at Gouna, Hurghada, Red Sea.

This 1 Bedrooms Penthouse has a payment plan option of 25% or 5,350,672 EGP downpayment and monthly payment of 334,417 EGP payable at 4 Years.

The completion date for 1 Bedrooms Penthouse in Mangroovy El Gouna is Nov 2021 and the finishing for the property is Fully Finished.

About Mangroovy El Gouna, Hurghada

Mangroovy El Gouna is located in Hurghada, . The developer of Mangroovy El Gouna is Mangroovy Residence. The property types in Mangroovy El Gouna with a property size from 67.37 - 282 Sqm.

The completion date for Mangroovy El Gouna is Dec 2022 and the finishing for the properties are Fully Finished.

Mangroovy El Gouna, Hurghada prices

The starting price of properties in Mangroovy El Gouna is 4,795,273 EGP with a price per sqm of 49,000 EGP. The downpayment for a property in Mangroovy El Gouna is starting at 25% or 1,198,818 EGP. The number of installments for a property in Mangroovy El Gouna is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Mangroovy El Gouna is starting at 74,926 EGP

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