Rixos Premium Magawish Bay View Opens in Hurghada — What This Means for Property Investors
Resort Highlights
- 442 rooms across multiple categories, from Superior Rooms to Villa Privé
- 9 swimming pools including an infinity pool overlooking the beach
- 5 restaurants offering international buffet, South American, Peruvian, Indian, and Italian cuisine
- Anjana Spa with hammam rituals and holistic treatments
- Modern marina with water sports: paddleboarding, water skiing, banana boat rides
- Shared access to the facilities of the adjacent Rixos Premium Magawish Suites & Villas (410 rooms)
What This Means for Property Investors
The opening of Rixos Premium Magawish Bay View is significant for several reasons:
- Validation of Magawish’s growth trajectory. Magawish has been the fastest-appreciating area in Hurghada at 12–18% annually. The arrival of a second Rixos property confirms that international hospitality leaders see the same potential that early investors identified.
- Increased tourism capacity. Adding 442 premium rooms to Magawish means more high-spending visitors discovering the area — and potentially buying property. Hurghada International Airport handled 12.35 million passengers in 2025 (up 28% year-on-year).
- Rental yield boost for nearby properties. Properties near major resort anchors command premium rental rates. With Rixos now operating two properties in Magawish, the area’s visibility among European tourists will drive demand for short-term rentals.
- Infrastructure drives property values. Major branded hospitality investments directly correlate with residential property appreciation, as seen in Sahl Hasheesh after the Kempinski and Premier Le Rêve openings.
Magawish Property Snapshot 2026
- Studio: €30,000 – €55,000 | 12–15% annual appreciation
- 1-Bedroom: €45,000 – €80,000 | 12–18% annual appreciation
- 2-Bedroom: €65,000 – €120,000 | 12–18% annual appreciation
- Villa: €100,000 – €250,000 | 15–20% annual appreciation
Key Developments in Magawish
- La Vista Magawish Resort — Studios to 2BR, from €30,000
- One 7 Magawish — Studios to Villas, from €71,700
- Holidays Park Resort — Studios to 2BR, from €56,740
- Platinum Resort Magawish — Studios to 2BR, from €55,345
- Tamaraya (Grounds Developments) — Studios to 3BR, from ~€46,700
The Bigger Picture
Magawish has become Hurghada’s most active development corridor. The area sits at the midpoint between Hurghada city centre and Sahl Hasheesh, offering 20–40% lower entry prices than its luxury neighbour while delivering comparable rental yields. With the airport just 7 minutes away and Senzo Mall within walking distance of many compounds, Magawish offers the strongest value-to-growth ratio in the Hurghada market.
Rixos Hotels Egypt’s decision to double down on Magawish with a second property is a powerful market signal. For investors, the window to enter at current prices is narrowing as the area’s profile rises.
Browse Magawish properties: mamoproperty.com
Contact MAMO Property: wa.me/201152980998
Sources: Rixos Hotels Egypt press release, INTLBM (June 5, 2026), Hotelier Middle East (June 8, 2026), MAMO Property market data.
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
