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7 600 000 €
7 600 000 €
| Sale price | 7 600 000 € |
| Price per square meter | 888.89 € |
| Floor area | 9 000 m² |
| Construction phase | Off-plan |
| Number of storeys | 5 |
| Floor | 5 |
| Parking | 250 places |
| Address | Egypt, Hurghada |
| Location | at the seaside, within the city |
| to the airport | 5 km |
| to the beach | 300 m |
| to food stores | 100 m |
| to medical facilities | 1 km |
| to a bus stop | 100 m |
| to a walking route | 250 m |
| Profitability | |
|---|---|
| Annual return | 15 % |
|
Return (initial profitability) - rental income (excluding expenses) / price of the object excluding expenses*100% |
|
| Pay-off period | 7 years |
|
Rental income covers all the expenses in |
|
| Credit conditions | |
|---|---|
| Possible payment by installments | |
| Contract period | up to 2 years |
Investment opportunity: ATLANTIS Boutique Hotel – Hurghada, Egypt
Price: 8,000,000 euros
Review
Modern turnkey boutique hotel built in 2024 located in the central tourist area of Hurghada. The facility offers flexible use models and is ideal for an international brand or independent operator.
Main characteristics
Type: Freestanding boutique hotel
Total building area: 9,000 m²
Site area: 47,000 m² (including the central lake and landscaped green areas)
Floors: 5
Number of rooms: 68 (expansion possible)
Total living area of the rooms: 3,516 m²
Elevators, private pool, underground parking
Restaurant/kitchen and fitness center – ready for finishing
Construction: 100% completed (2024)
Construction licenses: received
Tourist license: in the process of registration
Utilities (water and electricity): connected
Legal review: conducted by Anthony Law Firms
Excellent location
10 minutes to Hurghada International Airport
3 minutes to Sheraton street (restaurants, nightlife)
3 minutes to Mamsha (cafes, shops)
5 minutes to public beach
Architecture and amenities
Central Lake – 4114 m²
Landscaped area – 21,792 m² (46.5% of the total area)
Private hotel pool, pool deck and walkways
Underground parking
Apartment sizes (68 apartments, expandable)
1 bedroom apartments: various sizes from 45 m² to 102 m²
Studio apartments: from 50 m² to 73 m²
Studios: from 28 m² to 33 m²
Total living area: 3516 m²
Flexible layout – the number of apartments can be increased
Ownership and legal status
Ownership confirmed: Castello Town Real Estate Development
Construction licenses: No. 128/1996, 1404/2004, 182/2010
Purchase and sale agreement with Nueva Merit (2024)
Commercial register: No. 2423
Utilities confirmed
No encumbrances or debts
Possible ownership (building + share in land) or transfer through SPV
Possible business models
1. Boutique hotel – 68 rooms (expandable), restaurant and gym, ready for finishing. Ideal for branded or independent management.
2. Apart-hotel – selling rooms individually, targeting long-term rental (expat/local market). High demand in the center of Hurghada.
3. Hybrid model – part hotel, part long-term rental for maximum flexibility.
The property is located in a large residential and shopping complex, which guarantees high demand.
Transaction terms
Price: 8,000,000 euros
Payment structure: 50% upon closing / 50% within 24 months
Process
1. Signing a non-disclosure agreement
2. Full access to the virtual data room
3. Inspection of the object
4. Checking the legal purity of the transaction by the buyer
5. Closing the deal
