Shary

Penthouse with 88 sqm in Ledge

Code P137

Hurghada, Egypt

Price 14,895,000 EGP

Growth rate +13%

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Penthouse

Size
88 m²
Beds
2
Baths
2
Finished
Yes
Reference no.
P137
Start price
14,895,000 EGP
Delivery in
2029
Sale type
From developer
Finishing
Fully Finished
Features
Prime Location
Developer
Orascom
Address
خليج مكادى، قسم أول الغردقة، مصر
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Payment plans

Original plan 425,571 EGP / quarterly 1,489,500 EGP down payment 7 years Details
Total price
14,895,000 EGP
10% paid as down payment
down payment
1,489,500 EGP
Total installments
11,915,988 EGP
You will pay EGP 425,571 every 3 months
Delivery payment
1,489,512 EGP
Payment plan 2 531,964 EGP / quarterly 7 years Details
Total price
14,895,000 EGP
Total installments
14,895,000 EGP
You will pay EGP 531,964 every 3 months
Payment plan 3 302,555 EGP / quarterly 2,234,250 EGP down payment 8 years Details
Total price
14,895,000 EGP
15% paid as down payment
down payment
2,234,250 EGP
Total installments
9,681,760 EGP
You will pay EGP 302,555 every 3 months
Delivery payment
2,978,990 EGP
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Investment insights

Price growth (EGP million)

  • After delivery
  • Market price
Expected price by year (EGP)
YearAfter deliveryMarket price
202614,895,00014,448,000
202716,831,00015,857,000
202819,019,00017,403,000
202921,492,00019,100,000
203024,286,00020,962,000
203127,443,00023,006,000
203231,011,00025,249,000

Rental income

Monthly

52,100EGP

Rental yield

4.2%

Resale value

After delivery

21,492,000EGP

Estimated profit

6,597,000EGP

  • Growth rate +13%
  • Demand index 90
  • Rental index 4.2%
  • Liquidity index 76

Shary Index analysis

Market score Expected growth +13%

Price per meter range 148,200 – 236,200 EGP/m²

  • 87
    Shary Index
  • +13%
    Growth rate
  • 96
    Legal solvency
How is it calculated?

The project index is a score out of 100 from 5 equally weighted factors — every unit inside a project uses its project's calculation.

  • Average price vs. the area 20%
  • Project price growth 20%
  • Area growth 20%
  • On-time delivery 20%
  • Services and facilities 20%

Where do these numbers come from? A unit takes its project's index: the project's figures in the dashboard and its unit prices; any figure left empty takes the area's.

The index is updated monthly from sales, offers and market data on Shary.

More units in Makadi Heights Hurghada

18 units available

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Amenities

  • Private Beach Access
  • Sauna and Steam Room
  • Roof Garden or Terrace
  • Restaurant and Café
  • Playground for Children
  • 24/7 Security
  • Parking Spaces
  • Swimming Pool

Description

Fully finished penthouse for sale in Ledge - Makadi Heights with 88 sqm, 2 bedrooms, 2 bathrooms and a 29 sqm balcony.

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Orascom

About Orascom

Orascom Developments reads the real estate market from a different angle. The company does not only sell units; it creates destinations designed to stay active throughout the year. Its story began on the Red Sea in 1989, then expanded into a portfolio covering El Gouna, Makadi, Taba, Fayoum, and 6th of October City, with a clear presence…

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FAQs

Who Is the Developer of Makadi Heights Hurghada?

Orascom Development.

What Is the Area of Makadi Heights Hurghada?

Makadi Heights was developed over a large land area that allows for the integration of residential units, services, and open spaces throughout the project.

What Are the Starting Prices of Units in Makadi Heights Hurghada?

Unit prices in Makadi Heights Orascom Hurghada start from EGP 15,000,000, with prices varying according to unit type, size, and location within the development.

What Types of Units Are Available in Makadi Heights Hurghada?

Makadi Heights offers apartments, duplex units, and standalone villas with a variety of sizes to suit different lifestyle and investment needs.

More properties in Makadi Heights Hurghada

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