Stone Heights – Project Overview

Stone Heights is a modern residential development located in El-Hadaba, one of the most desirable and well-established neighborhoods in Hurghada. The project blends elegant architecture with smart, practical layouts, offering sea-view apartments and resort-style amenities.

Construction has already started, with completion scheduled for 2025, making this an excellent early-stage investment opportunity.

Location & Key Advantages

Set on the elevated hills of El-Hadaba, Stone Heights enjoys open panoramic views over the Red Sea and the city skyline — a real standout feature.

What makes the location even more appealing:

• Just a few minutes away from Sheraton Street, Hurghada’s main tourist hub, packed with restaurants, cafés, and shops

• Fast and easy access to beaches, marinas, and Hurghada International Airport

• A quiet, residential atmosphere, while still being close to all major attractions

In short, you get the best of both worlds: peace and privacy, without feeling cut off from the city.

Technical Details at a Glance

• Total project area: approx. 3,700 sqm

• Total units: over 200 apartments, spread across several buildings

• Low- and mid-rise construction, carefully designed to maximize sea views and natural light

Apartment Types & Finishing

Stone Heights offers a well-balanced mix of unit types:

• Studios: starting from approx. 34 sqm, perfect for short-term rentals or holiday use

• 1-bedroom apartments: between 45 and 78 sqm, ideal for couples or tourism rentals

• 2-bedroom apartments: ranging from 77 to 108 sqm, designed with families in mind

All apartments are delivered fully finished, with bathrooms fully equipped (sanitary fittings included).

Every unit comes with a balcony or terrace, and many enjoy direct sea views, which significantly boosts rental appeal.

Facilities & Lifestyle Features

Designed to feel more like a resort than a standard residential project, Stone Heights includes:

• Two swimming pools, connected by a spectacular waterfall feature

• Sunbathing terraces and relaxation areas

• Landscaped green spaces and a children’s playground

• Fully equipped fitness club

• Restaurants, cafés, and a pool bar

• Smart home technologies and high-speed fiber-optic internet

• Modern elevators

• Private parking

• 24/7 security with CCTV surveillance

Why Stone Heights Makes Sense for Buyers & Investors

• Premium location with sea views from most apartments

• High-end facilities, comparable to 5-star resorts

• Strong potential for both short-term and long-term rentals

• Market-adapted payment terms, with affordable installments

• Safe, friendly environment suitable for permanent living, holidays, or investment

Maintenance Fee – Clear & Transparent

The project includes a lifetime maintenance fee of 10%, payable once, at the time of delivery.

This fee covers:

• Swimming pool maintenance

• Garbage collection

• Common-area utilities (staircase lighting, shared electricity)

• Salaries for reception security, cleaning staff, and other shared services

The developer deposits these funds into a bank account, and all ongoing costs are covered from the bank interest — meaning no recurring maintenance payments later on.

Owners only pay for their personal electricity and water consumption, based on individual meters.

Additional Costs for This Project

• 531 EUR (exchange rate 03.09.25) – approx. 30,000 EGP
  Water meter & electricity meter, purchased in your name and payable upon delivery

• 44 EUR – satellite TV fee (approx. 2,500 EGP)

• 2.5% rental commission paid to the developer
  (covers rental management, security procedures, government notifications, and tenant behavior monitoring in line with legal requirements and internal regulations)

• 350 EUR – contract legalization & lawyer fees

Resale Fee

• 3% resale commission (calculated from the original purchase price) for issuing new ownership documents

  • Can be split 1.5% / 1.5% between seller and buyer

  • Can be added on top of the resale price

  • Or paid entirely by the seller if highly motivated

Think of it as similar to notary-related fees in Romania.

Important Notes on Area & Pricing

⚠️ All prices are calculated per built-up square meter.

• The usable area is approximately 30% smaller, potentially more if balconies are included

• The built-up sqm price already includes:

  • Land ownership rights

  • Common areas

  • Beach access (where applicable)

  • Use of swimming pools (where applicable)

Smart Furnishing = Smarter Returns

A common challenge in the Egyptian market is optimizing interior space. A proven solution—especially for short-term rentals—is custom-made furniture, such as:

• Floor-to-ceiling wardrobes

• Beds with built-in storage

• Multi-functional desk/dining tables

These details may seem small, but they make a huge difference in usability, guest satisfaction, and rental income.

Property Details (Example Unit)

• Starting price: 37,425 EUR, payable in 2-year installments

• Property ID: Stone-Heights

• Area size: 31 sqm

• Rooms: 1

• Bedrooms: 0

• Year built: 2026