Overview
Description
📍 Location: Sheraton Street, 2nd row off Sheraton Road, behind Costa Coffee, Hurghada, Red Sea, Egypt
Unit 316 — One Bedroom, 65 m²
Unit 316 is a one-bedroom apartment on the third floor of Solaria, the corner building on Sheraton Street in Hurghada. At 65 m² it forms part of a development of 162 homes over a basement, a ground floor and four typical floors, and the unit has its own balcony.
The unit is priced at 56 000 EGP per m², which is 3 640 000 EGP in total — about €62,222 at the developer’s own indicative rate of EGP 58.50 to the euro. Payment is 30% down payment of 1 092 000 EGP, with the balance in 12 equal quarterly instalments of 212 333 EGP over three years. Buyers paying in cash receive the developer’s 15% discount, which brings the price to 3 094 000 EGP. A maintenance deposit of 8% of the unit price — 291 200 EGP — is payable before hand-over, and the hand-over falls within two years of signing the purchase contract.
Availability on the developer’s price list of October 2026: available. Prices and availability are subject to the developer’s confirmation at the time of reservation.
Payment summary for unit 316
| Unit price per m² | 56 000 EGP |
|---|---|
| Total unit price | 3 640 000 EGP · €62,222 |
| Down payment (30%) | 1 092 000 EGP |
| Quarterly instalment × 12 | 212 333 EGP |
| Cash price (15% discount) | 3 094 000 EGP · €52,889 |
| Maintenance deposit (8%) | 291 200 EGP |
| Hand-over | Within 2 years of the purchase contract |
Amenities in the building
- Two swimming pools. Two pools for relaxing and soaking up the Red Sea sun all year round, without leaving home.
- Rooftop lifestyle deck. A full rooftop retreat with a sun deck, a landscaped garden, a lounge and a bar.
- Three elevators. Fast, comfortable vertical access with minimal waiting, even at peak times.
- Smart lock entry. Every unit comes with a smart lock for secure, keyless access.
- Central satellite system. One central satellite dish serves the whole building, so no individual dishes sit on the balconies.
About Solaria
Solaria stands on a 1,250 m² corner plot with frontage on three streets, one block off the main Sheraton Road. The building rises from a basement through a ground floor and four typical floors, and the developer’s approved floor plans count 162 homes: studios, one-bedroom and two-bedroom apartments, with private gardens on basement units B01 and B26. Contact MAMO Property for the current availability sheet and the full price list.
Need the compound overview?
See the Solaria project page for the building, the location, the amenities and the price guide across every unit in the development.
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Additional Details
- Unit: 316
- Floor: Third floor
- Type: One Bedroom
- Area: 65 m²
- Price per m²: 56 000 EGP
- Total unit price: 3 640 000 EGP · €62,222
- Down payment: 30% — 1 092 000 EGP
- Quarterly instalment: 212 333 EGP × 12 over 3 years
- Cash price: 3 094 000 EGP with a 15% discount
- Maintenance deposit: 8% — 291 200 EGP, before hand-over
- Hand-over: Within 2 years of the purchase contract
- Availability: Available on the price list of October 2026
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