Last Unit — Chalet Open View Island | 117 m2 Lagoon Living | Makadi Heights
Wake Up to Lagoon Views. Step Onto Your Private Deck. Walk to the Beach.
This is not just a chalet — it’s the last key to island living inside Makadi Heights’ iconic Open View Island, nestled within the heart of the Lagoon.
Unit Highlights
| 📐 Area | 117 m² |
| 🛏 Bedrooms | 3 |
| 🚿 Bathrooms | 3 |
| 📍 Floor | Second Floor |
| 🌊 Location | Inside the Lagoon — Open View Island |
What Makes This Unit Special?
- Private Deck & Lagoon Garden — Your own waterfront retreat with direct lagoon access and landscaped garden
- Overlooking the Island — Uninterrupted views across the lagoon and the island’s lush greenery
- Nearest to the Sea — The closest unit to the Red Sea shoreline in the entire development
- Walking Distance to Downtown — Cafés, restaurants, retail, and entertainment just a short stroll away
About Makadi Heights — By Orascom Development
Makadi Heights is the latest master-planned community by Orascom Development — the visionary behind El Gouna, Egypt’s most successful Red Sea resort town. Set on 3.4 million sqm of elevated terrain 78 metres above sea level in Makadi Bay, Hurghada.
Key Project Facts
- Developer: Orascom Development — Egypt’s most trusted name in real estate
- Total Area: 3.4 million sqm (850+ acres)
- Green Coverage: 85% of the total area dedicated to landscapes and open spaces
- Airport: Only 15 minutes from Hurghada International Airport
- Elevation: 78 metres above sea level for panoramic Red Sea views
- Beach Club: Private beach club with direct Red Sea access
- Grand Clubhouse: 33,000 sqm — the largest in Makadi Bay
Investment Highlights
- Price per sqm: From just €1,764/m² — among the lowest in Hurghada’s branded developments
- Rental Potential: Strong short-term and long-term rental demand driven by Makadi Bay’s growing tourism corridor
- Capital Appreciation: First-phase pricing with significant upside as the community develops through 2028
- Orascom Premium: The El Gouna developer brand commands 15–25% price premium in resale markets
Location & Accessibility
- ✈️ 15 minutes from Hurghada International Airport (HRG)
- 🏖 5 minutes to Makadi Bay water world & resort strip
- 🏙 25 minutes to Hurghada city centre
- ⛳ 35 minutes to El Gouna
- 🌊 Direct access to the Red Sea via private beach club
⚡ Last unit available — once it’s gone, it’s gone.
📩 WhatsApp MAMO Property | 🌐 mamoproperty.com
📚 Further Reading:
- our comprehensive Red Sea location comparison guide
- our complete El Gouna buyer’s guide
- our Makadi Bay investment guide
- our expat communities in Hurghada guide
- our Hurghada property appreciation trends analysis
- our Egypt tourism 2026 impact analysis
❓ Frequently Asked Questions
Is buying property in Hurghada a good investment in 2026?
Yes. Hurghada offers lower entry prices (€30,000–€150,000) than competing Mediterranean destinations, year-round tourism demand, and average rental yields of 7–10% net.
Can foreigners buy property in Hurghada?
Yes. Foreigners can own freehold property in Hurghada, Sahl Hasheesh, El Gouna, and Makadi Bay under Egyptian law. MAMO Property assists with the full legal process.
What is the minimum budget for an apartment in Hurghada?
Studios start from €30,000, one-bedroom apartments from €50,000, and two-bedroom apartments from €80,000, depending on the area and finishing level.
How does MAMO Property help international buyers?
MAMO Property offers direct partnerships with 20+ Red Sea developers, verified pricing, residency-by-investment support, and after-sale property management — all with no commission for buyers.
What areas around Hurghada are best for investment?
Sahl Hasheesh and El Gouna command premium positioning and higher appreciation; Sahl Hasheesh, Al Mamsha, and Intercontinental District offer strong short-term rental yields; Magawish and El Kawther deliver the best value for entry-level buyers.

Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
