Market Insights

Expert analysis & ROI strategies for Hurghada real estate

La Vida Hijaz Magawish Hurghada - Main exterior view of the residential building

La Vida Magawish Hurghada — Boutique Resort by Homes Bay | MAMO Property

La Vida Magawish Hurghada — Boutique Resort by Homes Bay

La Vida Magawish by Homes Bay is a boutique residential resort of 47 modern apartments in Magawish, Hurghada — directly opposite the 5-star Rixos Hotel Magawish. This new Mediterranean-style project combines modern design with competitive pricing for first-time buyers and rental investors. Below we explore every feature, view, and amenity that makes La Vida Magawish one of the most attractive investment opportunities on the Red Sea in 2026.

📞 Want to discover more? WhatsApp +20 115 298 0998 for the latest price list, floor plans, and availability. Our service includes a dedicated German-, English-, Polish-, and Czech-speaking agent for every buyer.

About the project

  • Developer: Homes Bay
  • Total units: 47 modern apartments
  • Unit types: Studios, 1-Bedroom, 2-Bedroom
  • Total land area: 800 sqm
  • Location: Magawish, Hurghada — directly opposite Rixos Hotel Magawish
  • Delivery: June 2027
  • Status: Off-plan, sales open

Why La Vida Magawish — 5 reasons to discover this new project

La Vida Magawish sits on the sought-after Magawish strip — the same coastal stretch as the Rixos Hotel, Aqua Park resorts, and several established mid-rise residential projects. Buying directly opposite a 5-star hotel means buyers gain immediate access to premium amenities. Let us explore the five core features that make this project a top pick for 2026:

  • Premium rental demand — long-stay tenants and short-stay visitors want proximity to hotel beaches, restaurants, and spas. Studios achieve 70–80% annual occupancy in this district.
  • Strong capital appreciation — Magawish property prices have grown 8–12% annually since 2022, outpacing the wider Hurghada market by 2–3 percentage points.
  • Proven occupancy — neighboring buildings report 70–80% annual occupancy for short-stay and 100% for long-stay. The 5-star Rixos view is a major draw.
  • Resale liquidity — Magawish is one of the easiest Hurghada districts to resell thanks to European expat demand. Average days-on-market is 47 days vs. 110 in El Ahyaa.
  • On-site service — Homes Bay operates a reception, rental management, and concierge service on-site, so owners enjoy passive income without daily management.

Unit types, sizes, and starting prices

La Vida Magawish offers 47 apartments across three unit types. The price view below shows the lowest available unit in each category as of October 2026:

Unit Type Size (m²) Starting Price (EUR) Cash Discount Price
Studio 30 – 38 14,500 12,325 (15% off)
1 Bedroom 50 – 65 22,000 18,700 (15% off)
2 Bedroom 75 – 90 38,000 32,300 (15% off)

💡 From €450/m² — competitive for the Magawish district and well below comparable Rixos-facing projects. The lowest entry point is the €12,325 cash studio, which is below the Hurghada-wide median for new-build studio stock in 2026.

Facilities and amenities — what features does the resort feature?

La Vida Magawish is designed as a self-contained residential resort, with amenities and service for both permanent residents and short-stay visitors. The full list of features and on-site service features includes:

  • Swimming pool — a 200 m² central swimming pool with separate children’s section and sundeck overlooking the Red Sea.
  • Sea view terraces — most apartments on the upper floors enjoy a direct view of the Red Sea and the Rixos Hotel grounds.
  • 24/7 security service — gated entrance, CCTV, and on-site security staff provide round-the-clock service for residents.
  • Reception & concierge service — a staffed reception handles check-in for rental guests and offers concierge service for owners.
  • Underground parking — allocated parking spaces for every apartment, plus visitor parking.
  • Landscaped gardens — Mediterranean planting with palm trees, olive trees, and shaded walkways between buildings.

Payment plan and pricing structure

Homes Bay offers one of the most accessible payment plans in Magawish. The 35% down payment and 2.5-year installment structure are designed to explore the buyer base beyond cash investors. Here is the breakdown:

  • Down payment: 35% (€5,075 for a studio, €7,700 for a 1BR, €13,300 for a 2BR)
  • Installments: Up to 2.5 years, interest-free, paid quarterly
  • Cash discount: 15% off (e.g. studio from €12,325 cash, 1BR from €18,700, 2BR from €32,300)
  • Maintenance fee: 7.5% one-time (at handover, June 2027)

About the developer — Homes Bay

Homes Bay is a Red Sea–based developer focused on small boutique residential projects in Hurghada, El Gouna, and Sahl Hasheesh. Their portfolio includes La Vista Magawish and several mid-rise projects. The developer operates a reception and rental management office on-site, simplifying owner experience.

Homes Bay’s service model focuses on small boutique projects (under 50 units) where the developer can maintain direct relationships with buyers and offer a hands-on after-sales service. This is a notable contrast to larger Hurghada developers who often outsource management to third-party rental agencies.

About Magawish district

Magawish is a quiet coastal district in southern Hurghada, popular with European expat buyers and short-stay tourists. The district stretches 4 km along the Red Sea coast and is home to Rixos Magawish, Aqua Park, Magawish Residences, and several international schools. The airport is 15 minutes away; Sahl Hasheesh is 20 minutes.

The Magawish district offers a different view of Hurghada from central Sahl Hasheesh or El Gouna. It is a more affordable district with lower-density buildings, fewer high-rise developments, and a more local neighborhood feel. For investors seeking a Red Sea property with strong fundamentals but lower entry prices than Sahl Hasheesh, Magawish is a logical explore.

About MAMO Property

MAMO Property is a licensed real estate agency in Hurghada, Egypt. We represent buyers, sellers, and developers across Hurghada, Sahl Hasheesh, El Gouna, Makadi Bay, Soma Bay, and Marsa Alam. Our multilingual team speaks English, German, Polish, Czech, Russian, and Arabic.

📞 Contact MAMO Property:
WhatsApp: +20 115 298 0998
Email: info@mamoproperty.com
Website: mamoproperty.com