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Scandic Project

Own your dream unit at Scandic Hurghada Resort

About Scandic Hurghada Resort?

Scandic Resort is located in the heart of Hurghada’s Arabia district, surrounded by its most famous hotels, such as Grand Azur, Arabia, and El Palacio Resorts.

The resort boasts a secluded location that offers peace and relaxation, just 10 minutes from Hurghada International Airport and 15 minutes from El Gouna.

Project Details

A luxury residential/hotel project (studios, 1-2 bedroom apartments) in the heart of the Arabiya area of Hurghada, minutes from the airport, overlooking the Red Sea with a private beach and marina.

The project’s capacity is approximately 700 units, spread across areas ranging from 46 m² to 133 m², on a land area of approximately 25,000 m², with a seafront of approximately 200 meters.

Project Developer: Egyptian International Tourism Company (E.I.T.C.) S.A.E., former developer of Florenza, Khamsin Residence, and Falcon Naama Hotel.

Project Benefits for Investors and Home Seekers

Suitable for investors seeking investment-grade properties through long-term tourist rentals, due to the provision of integrated management services and high returns.

It is certainly an attractive option for luxury housing or short-term tourist stays in the heart of Hurghada’s marine tourism.

Scandic Resort is an integrated and luxurious project for furnished housing or hotel tourism operations in Hurghada, distinguished by its strategic location, multiple amenities, and flexible payment plans. It is truly your opportunity if you are looking for personal use or a real estate investment with a sustainable return.

Contract and Payment Details

Scandik Project: Immediate Delivery, 30% Down Payment of approximately EGP 1.3 Million, and EGP 250,000 Every Three Months

Investment and housing opportunities

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