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.