The View Residence on Sheraton Road Opens From EGP 19 Million With Flexible Payment Structures

The View Residence, a new residential project on Hurghada's landmark Sheraton Road, has opened sales with starting prices from EGP 19.026 million and long-term installment options designed to attract premium buyers. The development targets the upper end of the city-centre residential market, an area that has seen limited new supply in recent years.

Location Advantage

Sheraton Road remains one of Hurghada's most desirable addresses, offering direct access to the marina, beachfront hotels, retail, and dining. Properties along this corridor command a measurable premium over comparable units in other districts, reflecting the convenience and lifestyle benefits of city-centre coastal living.

“New supply on Sheraton Road is rare. When a project like The View Residence comes to market, it addresses pent-up demand from buyers who want urban convenience without compromising on quality or amenities.”

— Property analyst, Hurghada Market Watch

Payment Structure

The developer's installment plan is a key feature of the offering. With down payment requirements structured to reduce upfront barriers and payment periods extending several years, the project aims to make premium city-centre living accessible to a broader pool of qualified buyers. This payment flexibility is increasingly standard across Hurghada's new-launch market.

The View Residence joins a wave of new projects that combine premium positioning with buyer-friendly payment terms — a combination that has proven effective in sustaining sales momentum even as overall price levels have risen across the city.