Overview
Description
HOT
This is a resale offered through MAMO Property, Hurghada.
A 54 m² Type C studio on the 2nd floor (Zone E) of Veranda Sahl Hasheesh Resort by Selena Development, offered as a contract assignment.
Price: Price on request — EGP 2,300,000 upfront to the owner plus remaining developer instalments (current balance on request).
Reference: RS-001
Highlights
- Price reduced: EGP 2,300,000 to the owner, down from EGP 2,600,000.
- Remaining developer installments continue per the contract schedule, up to December 2030.
- Open pool view and a partial distant sea view, balcony, fully finished (owner).
Key facts
| Project | Veranda Sahl Hasheesh Resort (Selena Development) |
| Unit | EA05-203, 2nd floor, Zone E |
| Type | Studio (Type C) |
| Size | 54 m² |
| Amount to the owner | EGP 2,300,000 (was EGP 2,600,000) |
| Developer installments | Remaining installments per the contract schedule (quarterly, up to December 2030); current remaining balance confirmed on request |
| Contract payment plan | 24 quarterly installments of EGP 151,406, March 2025 – December 2030 (contract schedule, not a payment record) |
| Maintenance deposit | 10% per contract (EGP 450,000), payable at handover (owner) |
| Handover | Expected June 2027 (owner) |
| Transfer | Contract assignment through the developer |
FAQ
What does the EGP 2,300,000 cover?
It is the amount to the owner. The remaining developer installments are paid on top, per the contract schedule. We confirm the current remaining balance on request.
When is handover?
Expected in June 2027 (owner).
Is this a resale unit?
Yes — this is a resale offered through MAMO Property, Hurghada.
How do I arrange a viewing or video tour?
Message us on WhatsApp (+20 11 52980998) or email inquiry@mamoproperty.com, quoting reference RS-001.
Related pages
Contact MAMO Property on WhatsApp or by email for documents, a video tour and the next steps — quote reference RS-001.
Ask on WhatsApp: WhatsApp +20 11 52980998 · E-mail: inquiry@mamoproperty.com
Remaining developer instalments (from the unit payment plan)
The developer payment plan lists 24 quarterly instalments of EGP 151,406 from 23 March 2025 to 23 December 2030. The dates below are the 17 instalments still falling due from 23 December 2026 onwards. Whether earlier instalments have been paid — and therefore the exact remaining balance — is confirmed on request. This is the contract schedule, not a payment record.
| Due date | Amount |
|---|---|
| 23 December 2026 | EGP 151,406 |
| 23 March 2027 | EGP 151,406 |
| 23 June 2027 | EGP 151,406 |
| 23 September 2027 | EGP 151,406 |
| 23 December 2027 | EGP 151,406 |
| 23 March 2028 | EGP 151,406 |
| 23 June 2028 | EGP 151,406 |
| 23 September 2028 | EGP 151,406 |
| 23 December 2028 | EGP 151,406 |
| 23 March 2029 | EGP 151,406 |
| 23 June 2029 | EGP 151,406 |
| 23 September 2029 | EGP 151,406 |
| 23 December 2029 | EGP 151,406 |
| 23 March 2030 | EGP 151,406 |
| 23 June 2030 | EGP 151,406 |
| 23 September 2030 | EGP 151,406 |
| 23 December 2030 | EGP 151,406 |
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