1BEDROOM APARTMENT- I CONIC RESORT - HURGHADA

IC-1B-A418 | 1BEDROOM APARTMENT | AREA 74 SQM |1BEDROOM | 1BATHROOM|
VIEW | street view / Mountain view
CASH PRICE " EGP 2,797,200 € 58,839
INSTALLMENTS PRICE "EGP 3,496,500 € 73,548
Iconic Resort Hurghada
overview:
Iconic Resort Hurghada is a modern residential & commercial resort development located in El Hadaba, Hurghada. Designed for both holiday use and long-term living, the project offers studios through 3-bedroom apartments, extensive leisure facilities, on-site commercial areas, and professional property-management services. Units are offered with high-quality finishes and the project targets both investors (short-term holiday rentals) and end-users.

2. Location & accessibility
Neighborhood: El Hadaba (central Hurghada), on the main road and steps away from beaches, hospitals and shopping hubs.
Nearby landmarks: AMC Hospital, Hurghada Museum, popular beaches and ferry/boat departure points for diving and snorkeling.
Transport: Easy access to main roads and local services; short drive to Hurghada International Airport.

3. Project composition & unit types
Plot size Mid-size development with multiple residential buildings, underground parking and landscaped areas.
Building layout: Ground floor + 4 typical floors ,Some buildings overlook pools and gardens.
Unit mix: Studios, 1‑bedroom, 2‑bedroom and 3‑bedroom apartments; typical unit sizes start from ~30 m² - 70m² (studio)
1bedroom starts from 56 m² -80m²
2bedroom starts from 73 m² - 115m²
3bedroom starts from 137m² -144 m²
Finishes & delivery: High-lux finishing packages advertised, delivered in december 2026

4. Key facilities & services
Swimming pools: Large adult and children's pools; landscaped pool decks and lounging areas.
Gym & spa: Fully equipped fitness center and wellness / spa services.
Underground parking: Secure covered parking for residents.
24/7 security & CCTV: Professional security and surveillance systems across the site.
Reception & concierge: On-site reception desk and property-management support (short-term rental management available for investors).
Restaurants & cafés: On-site dining options and café for residents and guests.
Commercial area: Shops, supermarket and service units located within the ground floor commercial zone.
Event / reception hall: Multipurpose spaces for events and meetings.
Landscaped gardens & walking paths: Green areas and family-friendly outdoor spaces.
Maintenace & facility management: On-site teams to manage cleaning, repairs and communal services.
Central satellite/TV: Centralized entertainment distribution for apartments.

5. Services for owners & guests
Property management & rental services: Assistance with listing, guest check-in and housekeeping for short-term rentals.

Housekeeping & laundry: Optional housekeeping packages for owners who rent their units.

Security & admin: Title/deed support, customer service and in-country representation for international buyers.

6. Payment plans & purchase options
20% down payment , installments over 36 monthes
30% down payment , installments over 48 monthes
40% down payment , installments over 60 monthes
Cash purchase: Cash buyers frequently offered discounts (up to ~20%) depending on timing and negotiation.
Maintenance fee: 8% lifetime -upon deliver

7. Investment considerations
Rental demand: Hurghada is a strong short‑term rental and tourism market; El Hadaba’s central location is attractive to holiday renters and long-stay visitors.

Cash flow & yield: Yields depend on unit size, finishing level, and how actively the owner rents the unit. Property management services can simplify operations but charge fees.

Resale & capital growth: New developments in central Hurghada historically show good demand; always check comparable sales and new supply pipeline.
https://thehorizonrealestate.com/area/iconic-resort-hurghada/