Majra Resort Hurghada 2026: Resale Buyer Guide

Majra Resort Hurghada 2026: Resale Buyer Guide

If you have been searching for “Majra Resort Hurghada” and landed here, you have probably noticed that the developer phase of this waterfront project is fully closed out. Every primary-market unit that Majra Development ever released on the Red Sea has already been sold to its first owner. What remains, and what international buyers can still buy in 2026, is the resale market: apartments and penthouses resold by original owners, often furnished and frequently with a clear registered title deed.

This guide explains what Majra Resort actually is, why the property is still one of the most searched Red Sea investments even though the developer phase is closed, and what a foreign buyer needs to know to purchase a resale unit through MAMO Property in 2026.

What Is Majra Resort?

Majra Resort is a luxury waterfront residential compound built on a 15,000 sqm plot directly on the Red Sea coast in Hurghada. The project sits next to the Bellagio Hotel in the corridor between Hurghada city and El Gouna, putting it roughly 10 minutes from El Gouna and 20 minutes from Hurghada International Airport.

The original sales pitch, which has now been fully delivered to original buyers, centred on three pillars:

• Direct sea-front positioning with no road between the buildings and the Red Sea.
• Resort-style amenities run by one of the largest property management operators in the Red Sea.
• A flexible payment plan with original-list discounts of 5 to 10 percent depending on down-payment size.

Majra Development built the compound to maximise sea views from every block, with three swimming pools (one heated), a sea-view gym, a clubhouse, a spa, an on-site restaurant, a beach bar, a kids area, a water sports centre, 24/7 security, underground parking and full hotel-style housekeeping and facility management.

Why Buyers Still Search “Majra Resort Hurghada” in 2026

Majra Resort has a long SEO trail because the original developer marketing campaign was unusually strong between 2023 and 2025, and the property has retained three things buyers care about:

1. Waterfront position: very few compounds in Hurghada deliver true first-line Red Sea living. Most “sea view” projects are across a road. Majra is genuinely on the water.
2. Established rental demand: with Hurghada airport hitting 10.5 million passengers in the first half of 2026 and 19 million annual tourists already a year ago, professionally-managed units in a recognisable compound rent consistently well during European winter and Egyptian summer peaks.
3. Established management: a named, large operator handles rentals and maintenance, which removes the operational headache for foreign owners who are not based in Egypt full-time.

Developer Phase: Closed. Resale Phase: Active.

The developer phase at Majra Resort is over. All units that Majra Development released have been sold to first owners. As of August 2026, the live Majra Resort listing on MAMO Property explicitly states that “all developer units at Majra Resort are completely sold out” and the inventory shown is resale-only.

This matters for buyers because resale units come with three practical differences compared to a developer sale:

1. Title deed is already issued

The original buyers completed the full transfer process during the developer phase. That means resale units typically arrive with a registered title deed in the seller’s name, so the buyer’s timeline to completion is 45 to 75 days rather than the multi-year off-plan schedule.

2. Payment is in cash or via mortgage on a finished asset

Resale at Majra is almost always a cash transaction or, for buyers who want to use leverage, an Egyptian mortgage against a finished, registered property. The developer’s old 5-year and 4-year installment plans are no longer available because there is no developer to receive installments.

3. Pricing reflects the secondary market

Resale pricing at Majra is driven by what similar units sold for recently on the open market, not by the developer’s original list. Because the project is closed and the inventory is limited, the secondary-market price is typically at or slightly above the original developer list, especially for sea-view and pool-view units on higher floors.

What Resale Units Are Available at Majra Resort?

Inventory rotates quickly. As of August 2026, the categories of resale stock we see most often at Majra are:

• Studios with direct or side sea view, often fully furnished, typically sized 45 to 55 sqm.
• One-bedroom apartments of 65 to 85 sqm with sea or pool view, frequently delivered with built-in kitchens and AC.
• Two-bedroom apartments of 95 to 120 sqm, the most popular category with European buyer families and Russian investor couples.
• Penthouses on the top floor with wraparound terraces. These are rare, priced at a premium, and usually sell within weeks of being listed.

For current availability, the most reliable step is to open the live Majra Resort page on MAMO Property and request the latest resale inventory via WhatsApp.

How to Buy a Resale Unit at Majra Resort as a Foreigner in 2026

Foreign ownership of Egyptian real estate was significantly liberalised under Law 5 of 2026, which removed the previous cap and brought freehold ownership within reach for buyers of any nationality in designated tourism zones such as the Hurghada–El Gouna corridor where Majra sits.

The typical resale purchase process through MAMO Property runs as follows:

1. Shortlist — share your budget, target size, view preference and timing with our team on WhatsApp. We send a curated list of available resale units within 24 hours.
2. Title-deed verification — MAMO’s legal team pulls the current registry record for the unit from the Egyptian Real Estate Platform at realestate.gov.eg to confirm clean ownership and check for liens or encumbrances.
3. Reservation and sale contract — a 1 to 2 percent reservation deposit holds the unit while the full contract is drafted in Arabic and English.
4. Power of attorney — for non-resident buyers, a notarised POA lets our Hurghada legal partner complete the transfer on your behalf without you flying in for every step.
5. Payment — the balance is paid to the seller’s escrow account. For units below the foreign-currency threshold this can be EGP; above it, USD or EUR transfers from your home bank are standard.
6. Title-deed transfer — filed at the Real Estate Registration Office in Hurghada. The transfer tax is 2.5 percent of the declared value, split evenly between buyer and seller by Egyptian convention.
7. Final registration — your name appears on the new title deed and the unit is registered in the Hurghada Real Estate Registry.

The full process from reservation to final title deed typically takes 45 to 75 days for a foreign non-resident buyer using a Power of Attorney.

Investment Thesis for Resale at Majra

The case for buying resale at Majra in 2026, rather than waiting for a new off-plan launch, rests on three numbers.

Rental yield

Professionally-managed one-bedroom apartments in first-line compounds between Hurghada and El Gouna are delivering net rental yields of 7 to 9 percent to their owners in 2026, after management fees, utilities and cleaning. The compound’s recognisable brand among European tour operators keeps occupancy high in winter (November through March).

Capital base protection

Because the developer phase is closed, there is no new supply of Majra units coming to market. Resale prices on water-view units have been broadly flat to mildly positive in EUR terms over the past 24 months, while the EGP has weakened against the euro — which has the side effect of lowering the EUR entry price for European buyers year over year.

Currency optionality

Resale at Majra is one of the few Red Sea assets where the cash buyer can settle in EUR or USD and the seller is willing to accept the foreign-currency payment, because the seller’s original purchase contract was denominated in hard currency.

Risks to Be Aware Of

Resale purchases have a different risk profile than developer purchases. The main things to check before committing capital are:

• Title-deed chain: confirm the unit was registered to the original buyer at completion and that each subsequent transfer was registered. MAMO’s legal team runs this check on every shortlist before we send it to a buyer.
• Outstanding service charges: confirm with the compound’s facility manager that the seller has settled all service charges up to the transfer date. These usually pass to the buyer on completion.
• Management agreement: the on-site management operator typically requires new owners to sign a fresh rental-pool agreement. Read it before signing.
• Resale price verification: cross-check the asking price against the recent transaction history in the same compound using the official registry. Majra is not the only Hurghada compound with a “waterfront” claim.

How Majra Compares to Neighbouring Compounds

Majra sits in the same corridor as several other notable compounds. For buyers considering alternatives, the most common comparisons we see at MAMO are:

• vs. El Gouna residences: El Gouna is a self-contained town with higher entry prices (€150k+) and stronger long-term brand recognition. Majra delivers similar first-line sea views at a meaningfully lower entry price.
• vs. Sahl Hasheesh compounds: Sahl Hasheesh is a master-planned resort 20 minutes south of Hurghada with gated community status and higher service charges. Majra is smaller and more exclusive in feel but has lower annual costs.
• vs. Hurghada-city waterfront: the older Hurghada seafront has lower prices but aging buildings and mixed management quality. Majra’s 2025 delivery and on-site operator put it in a different operational tier.

Frequently Asked Questions About Majra Resort Resale

Is Majra Resort still for sale in 2026?

Only on the resale market. The developer phase is closed. The live inventory on MAMO Property lists resale-only units offered directly by their current owners.

Can a foreigner buy at Majra Resort without being in Egypt?

Yes. Most foreign buyers complete the entire transaction through a Power of Attorney issued in their country of residence and notarised at the Egyptian consulate. MAMO’s Hurghada-based legal partner manages the file from start to finish.

What is the transfer tax on a resale at Majra?

Transfer tax is 2.5 percent of the declared value, split 1.25 percent buyer / 1.25 percent seller by Egyptian convention. Notary and registration fees add roughly 0.3 percent on top.

What rental yield can I expect from a Majra unit?

Net yields of 7 to 9 percent are typical for one-bedroom and studio units in the compound’s professionally-managed rental pool, depending on view and floor.

How long does the resale purchase take?

From reservation to a new title deed in your name: 45 to 75 days for a non-resident foreign buyer using a Power of Attorney.

Does Majra qualify for the Egyptian residency-by-property route?

Buyers whose property value exceeds the residency threshold (set periodically by the Ministry of Interior) can apply for a multi-year renewable residency linked to the ownership. MAMO’s legal team handles the residency filing alongside the property transfer.

Talk to the Majra Resale Team at MAMO Property

Resale inventory at Majra moves quickly and is rarely listed on the open portals. The fastest path to a current shortlist is to message our team directly on WhatsApp with your budget, target size and view preference.

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📚 Further Reading:

• our complete El Gouna buyer’s guide
• our detailed Sahl Hasheesh area guide
• our rental yield comparison and ROI calculator
• our complete guide to foreign property ownership in Egypt
• our residency-by-investment guide
• our independent comparison of real estate agencies in Hurghada
• our complete buyer’s guide covering all fees and taxes
• our installment plans and payment options guide
• our long-term rental market guide for landlords
• our analysis of Egyptian Pound trends and foreign reserves
• our Egypt tourism 2026 impact analysis