Overview
Description
Properties for sale in Hurghada Egypt: Discover Aurora Palace
Looking for the perfect investment or holiday home? Welcome to Aurora Palace Hurghada, a premium residential resort located in the highly sought-after area of Magawish. Situated just 10 km (a 15-minute drive) from Hurghada International Airport and right opposite the famous Mercure Hotel, this project offers an unparalleled lifestyle by the Red Sea. Embracing the vibrant coastal lifestyle has never been easier; residents can easily access the best Hurghada beaches and coral reefs in just minutes. Whether you are searching for apartments for sale in Hurghada, luxurious villas, or cozy studios, Aurora Palace provides a comprehensive selection of bespoke properties tailored to modern living. Explore our full gallery of units to see the exceptional finishing quality.
Unlike other projects in the area, Aurora Palace is built on a massive 6,000 sqm plot where 60% of the land is dedicated strictly to buildings, while the remaining 40% is transformed into lush green landscapes, swimming pools, and top-tier amenities. This low-density approach ensures a serene living experience with a load factor of just 28%.
Where to buy a property in Hurghada? Why Magawish is the Top Choice
When asking where are the best areas to buy property in Hurghada, Magawish consistently ranks at the top. It is a quiet, upscale, and strategically located neighborhood. Here at Aurora Palace, you are buying directly from an established local developer with a strong focus on the Magawish area. The benefits of buying property directly from developers in Hurghada include securing the best off-plan prices, guaranteed quality, and flexible payment options without hidden agency fees.
What types of properties are available in Hurghada? At Aurora Palace, the choices are diverse. The project features a Ground + 4 floors design offering everything from compact studios starting at 53 sqm, to massive 3-bedroom family apartments up to 217 sqm. Every unit is delivered fully finished to the highest European standards.
Unmatched Resort Amenities
Aurora Palace is designed to be a self-contained oasis. Residents enjoy exclusive access to an array of world-class facilities:
- Multiple expansive Swimming Pools (including a Heated Pool for winter)
- A gourmet on-site Restaurant
- State-of-the-art Gym and Fitness Center
- 4 High-speed Elevators for seamless access
- 24/7 Professional Security and CCTV
- Ample Private Parking
- Private Jacuzzis for select premium units
Pricing and Investment Potential in Hurghada
What is the average price of property in Hurghada? In the Magawish area, the average price hovers around €400 per square meter for premium resort developments. However, investing in off-plan properties at Aurora Palace allows you to lock in introductory pricing. Are there properties available in Hurghada for under €50k or €100k? Yes, the studios at Aurora Palace present a fantastic entry-level investment well under these thresholds. With expected rental yields between 10-15% annually, this project is highly lucrative for international investors.
What are the typical payment plans? Aurora Palace offers incredible flexibility:
- Plan A: 10% down payment, installments over 2 years
- Plan B: 20% down payment, installments over 3 years
- Plan C: 30% down payment, installments over 4 years
Furthermore, cash buyers profit from a massive 20% cash discount. The maintenance fee is fixed at 10%, ensuring the resort is kept in pristine condition permanently.
Property Ownership Laws in Hurghada
If you are an international buyer, you might be asking: What are the property ownership laws in Hurghada for foreigners? Can foreigners buy an apartment in Hurghada Egypt? The answer is a resounding Yes. Foreigners have the right to purchase and own property in Hurghada, and Aurora Palace apartments come with a secure Green Contract ensuring your legal ownership rights. Are properties for sale in Hurghada freehold? Yes, in specific designated areas like Magawish, foreigners can enjoy secure, registered ownership.
Are there any buying fees or extra costs when buying a property in Hurghada? And are there any buying tax or stamp duty on buying my apartment or flat in Hurghada? While purchasing off-plan from the developer typically involves zero agency commission, buyers should budget for a standard registration fee and the aforementioned 10% maintenance deposit upon handover in 2028.
💬 Secure Your Unit at Aurora Palace Today!
Don’t miss out on this prime investment opportunity in Magawish, Hurghada. Contact MAMO Property for the latest availability, floor plans, and exclusive discounts.
Visit MAMO Property for more projects under construction in Hurghada.
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Family Apartments (3 Bedrooms)
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