Overview
Description
Solaria is The Home Development’s new residential project on Sheraton Street in Hurghada — a prime central location steps from the beach, shops and restaurants. The building offers studios, one-bedroom and two-bedroom apartments across a basement, ground floor and four upper floors. Hand-over within 2 years of contract.
Project at a glance
- Developer: The Home Development
- Location: Sheraton Street (2nd row), Hurghada, Hurghada, Red Sea
- Building: B+G+4 · 1,250 m²
Unit types
Studio (30–60 m²) · One Bedroom (50–65 m²) · Two Bedrooms (80 m²)
Prices
| Type | Area | Price from |
|---|---|---|
| Studio | 30–60 m² | 28,200–56,400 € |
| One Bedroom | 50–65 m² | 43,200–62,200 € |
| Two Bedrooms | 80 m² | 77,900 € |
Prices per unit vary by floor and view. Cash discount 15%.
Payment plan
30% down payment + 12 quarterly installments over 3 years. Cash discount 15%. Maintenance deposit 8%.
Why buy with MAMO Property
- MAMO Management Real Estate Marketing L.L.C. — licensed in Hurghada.
- Seven-language support (English, Arabic, German, Polish, Czech, Hungarian, Russian).
Request a consultation
WhatsApp +20 115 298 0998 or email inquiry@mamoproperty.com.
Frequently asked questions
Where is Solaria located in Hurghada?
Solaria is located on Sheraton Street (2nd row), one of the most central and in-demand areas in Hurghada. It is walking distance to the beach, shops, restaurants and the marina.
What unit types are available at Solaria?
Solaria offers studios (30-60 m²), one-bedroom apartments (50-65 m²) and two-bedroom apartments (80 m²). All units come with modern finishing.
How much does an apartment at Solaria cost?
Prices at Solaria start from 28,200 € for a studio, 43,200 € for a one-bedroom and 77,900 € for a two-bedroom. Cash buyers get a 15% discount.
Is Solaria a good investment?
Solaria’s central Sheraton Street location makes it ideal for both short-term holiday rentals and long-term tenants. The 2-year handover and flexible payment plan (30% down + 3 years) make it accessible for investors.
Can foreigners buy property in Solaria, Hurghada?
Yes. Foreigners can legally own residential property in Egypt under Law 230 of 1996. At Solaria, international buyers get full freehold ownership. MAMO Property handles the complete legal process including contract registration, title deed and residency paperwork.
What payment plans are available at Solaria?
Solaria offers 30% down payment + 12 quarterly installments over 3 years. Cash buyers get a 15% discount. Maintenance deposit is 8%.
When is the handover date for Solaria?
Solaria handover is scheduled within 2 years of contract.
What is the process to buy at Solaria?
The buying process at Solaria is straightforward: (1) choose your unit and view, (2) sign the reservation contract and pay the down payment, (3) sign the sales contract with the developer, (4) pay installments per the payment plan, (5) receive your unit at handover with full finishing. MAMO Property guides you through every step.
What are the maintenance fees at Solaria?
Solaria maintenance deposit is 8% of the purchase price.
Can I rent out my apartment at Solaria?
Yes. Solaria is located in a high-demand rental area in Hurghada. Many owners rent their apartments to tourists and long-term tenants. MAMO Property offers full property management and rental services to maximize your income.
Schedule A Tour
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Our knowledgeable staff will guide you through the property, answering any questions you may have.
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