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Cozy Furnished Studio for Sale – Intercontinental Area, Hurghada | Code: 1555

  • 850,000
  • Lrd-1555
  • Property ID
  • Studio
  • Property Type
  • 1
  • Bedroom
  • 22
For Sale
Cozy Furnished Studio for Sale – Intercontinental Area, Hurghada | Code: 1555
  • 850,000

Description

Affordable and fully equipped studio apartment for sale in the well-connected Intercontinental area of Hurghada, located within El Rasheed Compound (near the Lotus and Mamsha). This 20 sqm ground-floor studio is a great investment for short-term rentals or as a compact holiday unit in one of the city’s most accessible neighborhoods.

The unit features a courtyard view, private entrance, and includes essential appliances such as a new air conditioner, fridge, washing machine, and boiler. The service charge is paid for life, adding long-term value. There is also a shared pool within the compound (currently under maintenance).

While there is no green contract, the unit was purchased directly from the developer, and the electricity and water meters are not yet registered in the current owner’s name — a point to consider for future buyers.

Situated near Hurghada Hub, Mamsha, major supermarkets, cafés, and transport links, the location offers great infrastructure and walkability, making this an ideal choice for expats, singles, or investors.

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Disclaimer: All property information provided on this website is for general informational purposes only. While we strive to present accurate and up-to-date details, all prices, availability, and specifications are subject to change without prior notice. We strongly advise verifying all property data and pricing directly with Living Red Sea before making any purchase decision. Living Red Sea is not responsible for any differences in the final property price due to currency exchange rate fluctuations. Images shown are for illustrative purposes only and may not accurately reflect the actual condition of the property. Buyers are encouraged to conduct full legal and technical due diligence before completing a purchase.