Exploring 30 listings under €50k: affordable apartments for sale in Hurghada area – Magawish
Hurghada is a stunning coastal city in Egypt, known for its vibrant atmosphere, warm climate, and beautiful scenery. Among its many neighborhoods, Magawish stands out as an excellent area for those looking for affordable living options. If you’re in the market for budget-friendly property, you’ll be pleased to know that there are numerous listings for apartments under €50K in this growing area. Here, we will explore 30 fantastic apartment listings in Magawish that cater to different tastes and needs.
Why choose Magawish?
Magawish offers an ideal blend of modern amenities and a relaxed, laid-back lifestyle. Located just a short drive from the beach, you can enjoy breathtaking views and easy access to water activities. Additionally, the community is known for its friendly atmosphere and growing expat community, making it a popular choice for retirees and young families alike.
Top 30 listings under €50k
-
1. Studio Apartment in Magawish – €45,000
This cozy studio apartment comes fully furnished and boasts a beautiful pool view.
-
2. One-Bedroom Apartment Near the Beach – €49,000
Just a short walk to the beach, this apartment features modern decor and a spacious balcony.
-
3. One-Bedroom Gem with Mountain Views – €42,500
Nestled between the mountains, this apartment offers stunning vistas and a quiet neighborhood.
-
4. Ground Floor Apartment with Garden Access – €40,000
This ground-floor apartment has its private garden space and easy access to communal facilities.
-
5. Chic Studio with Large Terrace – €38,000
A stylish studio featuring a large terrace for outdoor lounging and entertainment.
-
6. Renovated Apartment Close to Shopping – €46,000
Recently renovated, this one-bedroom apartment is steps away from local shops and restaurants.
-
7. One-Bedroom Apartment in Family-Friendly Community – €48,000
Perfect for families, this apartment is located in a gated community with playgrounds and pools.
-
8. Sea View Apartment with Private Balcony – €50,000
This two-bedroom apartment features breathtaking sea views and is a great investment opportunity.
-
9. Cozy Retreat Near Local Markets – €36,000
A warm and homey one-bedroom apartment located near vibrant local markets.
-
10. Studio Apartment with Pool Access – €41,000
Ideal for singles, this studio grants direct access to a stunning shared pool.
-
11. Apartment with Modern Amenities – €49,500
This one-bedroom apartment features contemporary design and is fully air-conditioned.
-
12. Affordable Two-Bedroom Apartment – €47,000
Spacious and practical, this two-bedroom apartment is perfect for rental income.
-
13. Bright and Airy Studio – €39,000
This studio has high ceilings and large windows that let in plenty of natural light.
-
14. Ground Floor Apartment near Public Transport – €44,500
Conveniently located just steps from local bus routes, this apartment is great for commuters.
-
15. Stylish One-Bedroom Apartment with Balcony – €47,500
Enjoy a lovely view from your private balcony in this stylish one-bedroom unit.
-
16. One-Bedroom in High-Demand Area – €50,000
A well-appointed one-bedroom perfect for those wanting to be in a sought-after location.
-
17. Compact Studio with Unique Charm – €35,000
This studio boasts charming decor and is perfect for solo travelers or as a vacation home.
-
18. Ground Floor Unit with Easy Access – €39,500
This spacious ground-floor unit offers easy access for those with mobility challenges.
-
19. Two-Bedroom Option for Growing Families – €48,000
This family-friendly apartment offers ample living space and a welcoming community.
-
20. Renovated Unit with Modern Kitchen – €42,000
This recently renovated apartment features a sleek kitchen perfect for home-cooking.
-
21. Bright and Colorful Studio – €38,500
This fun studio’s vibrant decor makes it ideal for a lively vacation spot.
-
22. Apartment with Large Community Pool – €49,500
An inviting two-bedroom apartment, perfect for enjoying the large community pool and sun.
-
23. Affordable Unit Near Healthcare Facilities – €46,000
Conveniently located near healthcare facilities, this unit is perfect for retirees.
-
24. Eco-Friendly Apartment – €44,000
This eco-friendly apartment includes energy-saving features and a serene garden space.
-
25. Spacious Apartment with Cozy Nook – €47,000
Featuring an inviting nook, this spacious apartment is great for families or entertaining.
-
26. Studio in a Secure Building – €36,500
This studio is located in a secure building, perfect for peace of mind.
-
27. Trendy One-Bedroom with Balcony Space – €49,000
This trendy unit features a spacious balcony perfect for
The benefits of investing in property in Hurghada: a look at the Magawish neighborhood
If you’ve been considering property investment, the Magawish neighborhood in Hurghada may pique your interest. Known for its stunning coastlines and vibrant lifestyle, Hurghada has become a hotspot for foreign investors. The allure of owning property under €50K can be incredibly tempting, especially in an area as promising as Magawish.
One of the standout features of investing in the Magawish neighborhood is its affordability. With numerous listings available at competitive prices, investors can find quality apartments that do not break the bank. Here are some advantages of investing in this area:
- A Growing Real Estate Market: Hurghada’s real estate market has seen consistent growth, with demand for properties increasing due to both local and international buyers.
- Renting Potential: The tourism boom in Hurghada creates a burgeoning rental market, making it easier for property owners to generate passive income.
- Proximity to Amenities: Magawish is conveniently located near essential services, such as shops, restaurants, and recreational activities, enhancing the appeal for potential tenants.
- Stunning Views: Many apartments boast breathtaking views of the Red Sea, making them highly attractive to visitors and renters alike.
- Community Living: The neighborhood fosters a sense of community, ideal for those looking for a friendly environment.
An investment in Magawish allows you to benefit not only from property appreciation but also from the constant influx of tourists seeking accommodation. This dual opportunity is a major selling point for many investors. Here are some key insights on how to maximize your property investment in the area:
- Research the Market: Stay informed about property trends and price fluctuations in the Magawish area. Understanding market dynamics will give you an edge in negotiations.
- Consider Property Management: If you plan to rent out your apartment, consider hiring a property management company. They can handle the renting process, maintenance, and tenant relations, freeing you to enjoy your investment.
- Leverage Online Real Estate Platforms: Utilize online platforms to discover the latest listings under €50K in Magawish. This will help you find deals that align with your budget and preferences.
- Network with Local Agents: Establish connections with local real estate agents who have insider knowledge and contacts that may not be available otherwise.
- Understand Local Laws: Familiarize yourself with Egyptian property laws, and local regulations to avoid complications. Understanding legal aspects is crucial when investing in foreign property.
While finding affordable listings in Magawish can be straightforward, it’s essential to conduct thorough inspections before purchasing. Make sure to check the property’s condition, verify its legal status, and review any homeowners’ association fees if applicable. Doing due diligence will empower you to make informed decisions.
For those who dream of acquiring a vacation home or a rental in a picturesque location, the chance to invest in Magawish might be your golden opportunity. Imagine unwinding on your balcony while enjoying the view of the Red Sea or welcoming visitors into a beautifully furnished apartment. The lifestyle benefits are just as rich as the financial incentives.
In addition, the local culture is vibrant and welcoming, allowing international buyers to feel at home. From lively bazaars to serene beaches, the Magawish neighborhood offers an array of experiences. By investing here, you not only secure a valuable asset but also immerse yourself in the local environment and community.
The charming blend of affordable apartments and attractive surroundings make Magawish a standout choice for property investment. If you’ve been pondering on making a move in the real estate market, consider the listings under €50K. The opportunities for growth and profit are vast, and you can be part of a thriving community known for its hospitality and beauty.
Investing in a property in Hurghada, specifically in the Magawish area, is more than just a financial decision—it’s about creating a lifestyle and legacy that could benefit you for years to come. The right property can provide you with stability, comfort, and not forgetting, a beautiful place to enjoy the warm sun and invigorating vibe of the Egyptian coast.
Investing in property in the Hurghada area, particularly in the Magawish neighborhood, presents a remarkable opportunity for those seeking affordable options. With 30 distinctive listings under €50K, potential buyers can explore a variety of apartments that fit diverse lifestyles and budgets. This not only opens the door for first-time buyers but also for investors looking to capitalize on one of the most beautiful coastal cities in Egypt.
The allure of Hurghada is its vibrant atmosphere, stunning beaches, and a growing tourism sector that promises a steady rental income. Magawish, known for its friendly community and close proximity to local amenities, is an ideal setting for expats, vacationers, and anyone looking to embrace a new lifestyle. The affordability of these properties means you can invest in your future without breaking the bank.
Moreover, the advantageous climate and the rich culture of Hurghada provide a unique quality of life. Whether you’re considering a vacation home or an investment for rental income, the listings available in Magawish certainly deserve your attention.
By exploring these 30 listings, you not only find a place to call home but also become part of a thriving community. Don’t miss out on this fantastic opportunity to invest in your dream apartment at an accessible price in one of Egypt’s most desirable locations. With so much potential in the Magawish neighborhood, it’s clear why so many are drawn to this slice of paradise.