Rixos Opens Rixos Premium Magawish Bay View — A New Luxury Landmark in Hurghada’s Magawish District
Hurghada — Rixos Hotels Egypt has officially opened Rixos Premium Magawish Bay View, its second resort in Hurghada, further strengthening the brand’s presence on Egypt’s Red Sea coast. The opening, announced on June 23, 2026, marks a significant milestone in Magawish’s transformation into a premier luxury tourism district.
Key Facts at a Glance
- Location: Magawish district, 7 km from Hurghada International Airport, adjacent to Rixos Premium Magawish Suites & Villas
- Capacity: 442 rooms, suites and villas across the Ultra All-Inclusive concept
- Premium inventory: 17 private villas, each with its own swimming pool; Skyline Suites with private pools and panoramic Red Sea views
- Recreation: 9 swimming pools, direct beach access, marina, on-site equestrian centre, Anjana Spa
- Dining: Turquoise Restaurant plus 5 speciality venues — Casa Fiesta, Peruana, Rasa, L’Olivo and Mykonos
- Water sports: Paddleboarding, water skiing, kitesurfing
Strategic Significance for Magawish
The new resort sits adjacent to Rixos Premium Magawish Suites & Villas (opened 2021, ranked #4 globally in its category on HolidayCheck 2025). Together, the two properties form one of the largest premium hospitality complexes in Hurghada, creating a destination-scale resort anchor for the Magawish corridor.
This development reinforces Magawish’s position as the fastest-growing investment corridor between Hurghada International Airport and Sahl Hasheesh — an area that has seen 20.3% annual property appreciation, according to MAMO Property market data.
German Market Driving Demand
Germany remains one of Egypt’s most important source markets, with approximately 1.7 million German visitors travelling to Egypt annually. Direct flight connections from Frankfurt, Munich, Berlin, Düsseldorf, Hamburg and Cologne make Hurghada a leading sun-and-beach destination for German travellers. The Rixos expansion directly responds to this sustained demand.
Erkan Yildirim, CEO of Rixos Hotels Egypt, stated: “Rixos Premium Magawish Bay View is an important part of our long-term growth strategy in the Red Sea region. We believe Hurghada will continue to strengthen its position within international tourism, and we view the region’s potential through a long-term lens.”
What This Means for Investors
- Infrastructure catalyst: A 442-key luxury resort with marina and equestrian facilities significantly raises Magawish’s profile, driving property values in surrounding compounds
- Tourism demand driver: Ultra-all-inclusive resorts attract year-round tourism, supporting short-term rental occupancy and ADR growth
- German buyer confidence: Direct airlift from 6 German cities + a recognised global brand = sustained European buyer interest in Magawish real estate
- Polish market growth: Poland has emerged as one of Egypt’s fastest-growing source markets, with charters from Warsaw and other Polish cities adding to demand
Magawish — The Investment Case
Magawish has emerged as one of Hurghada’s strongest property investment zones, offering:
- Entry prices from €30,000 for studio apartments at premier compounds
- 20.3% annual price appreciation (MAMO Property data)
- 8–12% short-term rental yields driven by resort demand
- Proximity to airport (10 min), Senzo Mall (2 min), Sahl Hasheesh (15 min)
- Active developments: Al Mouj Resort, Trivana Magawish, La Vista, Platinum Resort
With a globally recognised brand now anchoring the Magawish district, the corridor between Hurghada Airport and Sahl Hasheesh has never been more attractive for real estate investment.
Contact MAMO Property
Interested in Magawish investment opportunities? Contact MAMO Property for exclusive listings and expert guidance.
📱 WhatsApp: +20 115 298 0998
Source: Rixos Hotels Egypt official press release, June 23, 2026; EQS Newswire; Travel & Tour World
📚 Further Reading:
- our detailed Sahl Hasheesh area guide
- our rental yield comparison and ROI calculator
- our Hurghada property appreciation trends analysis
- our long-term rental market guide for landlords
- our Egypt tourism 2026 impact analysis
❓ Frequently Asked Questions
Is buying property in Hurghada a good investment in 2026?
Yes. Hurghada offers lower entry prices (€30,000–€150,000) than competing Mediterranean destinations, year-round tourism demand, and average rental yields of 7–10% net.
Can foreigners buy property in Hurghada?
Yes. Foreigners can own freehold property in Hurghada, Sahl Hasheesh, El Gouna, and Makadi Bay under Egyptian law. MAMO Property assists with the full legal process.
What is the minimum budget for an apartment in Hurghada?
Studios start from €30,000, one-bedroom apartments from €50,000, and two-bedroom apartments from €80,000, depending on the area and finishing level.
How does MAMO Property help international buyers?
MAMO Property offers direct partnerships with 20+ Red Sea developers, verified pricing, residency-by-investment support, and after-sale property management — all with no commission for buyers.
What areas around Hurghada are best for investment?
Sahl Hasheesh and El Gouna command premium positioning and higher appreciation; Sahl Hasheesh, Al Mamsha, and Intercontinental District offer strong short-term rental yields; Magawish and El Kawther deliver the best value for entry-level buyers.
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
