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NEW HOME

El Gouna, Red Sea, Egypt

£295,000
Kinney Smith Prestige Living, Red Sea
PROPERTY TYPE

Ground Flat

BEDROOMS

3

SIZE

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Key features

  • Established Residential District
  • 3 Bedrooms + Nanny Room
  • Private Swimming Pool
  • Strong Long-Term Rental Appeal
  • Central El Gouna Location
  • Supply-Limited Area
  • Mature Infrastructure
  • Larger Floor Plan Than Standard Units
  • High Tenant Retention Potential
  • Solid Capital Preservation Profile

Description

Full Description (Investor-Focused | Rightmove Overseas Format)

Positioned within Sholan, one of the most established and tightly held residential areas in El Gouna, this spacious 3-bedroom apartment with additional nanny room/office represents a solid acquisition in a mature, supply-limited market.

Sholan is not speculative, not high-density, and not overbuilt. It is a core residential district with consistent owner occupancy - exactly the type of area that underpins long-term capital stability.

The Asset

3 Main Bedrooms

Nanny Room / Dedicated Office

Multiple Bathrooms

Large Open-Plan Living & Dining Area

Fully Fitted Kitchen

Private Swimming Pool

Outdoor Terrace

Secure Setting

The private pool significantly increases rental positioning versus standard apartments and creates a premium tier within the Sholan segment.

Why This Works for Investors

1. Location Strength
Central positioning with easy access to:

Abu Tig Marina

Downtown El Gouna

Schools, medical facilities, supermarkets

This ensures consistent long-term rental demand from resident families and professionals.

2. Limited Comparable Supply
Apartments in Sholan with private pools are rare. Larger configurations (3 beds + nanny) attract higher-quality tenants and longer contracts.

3. Proven Resale Market
Sholan has a track record of stable resale performance due to:

Established infrastructure

Mature landscaping

Residential community profile

Controlled future supply

4. Flexible Use Strategy

Long-term rental to families

Executive-style corporate rental

Hybrid personal use + income

El Gouna, Red Sea, Egypt

Approximate location

About Kinney Smith Prestige Living, Red Sea

Luxury Coastal Living | Trusted Local Experts | International Property Specialists

Kinney Smith Prestige Living is a husband-and-wife real estate team originally from the UK, now proudly living in Egypt for over 17 years. What started as a passion for coastal living and property has grown into a trusted international real estate business built on experience, relationships, and genuine local knowledge.

Over the years, we’ve helped clients from all over the world buy and sell hundreds of properties across Egypt’s Red Sea coast, from beachfront apartments and marina homes to luxury villas and investment properties. We know the areas, the developers, the legal process, and the realities of buying overseas because we’ve lived here ourselves for nearly two decades.

Our main focus is Egypt, particularly destinations such as Hurghada, El Gouna, Somabay, and Ras Soma, but through some prestige partnerships, we also work with selected properties and clients in Barbados, Marbella, and Montenegro.

We believe buying property abroad should feel exciting, not stressful. That’s why we stay personally involved throughout the entire process — helping with viewings, negotiations, contracts, legal guidance, local advice, rental management, and ongoing after-sales support long after the sale is completed.

Clients work with us because they want honest advice, real local insight, and people they can actually trust on the ground. We’re not a large corporate agency. We’re a family-run business that genuinely cares about helping people find the right property and make the right decision.

Notes

These notes are private, only you can see them.

This is a property advertisement provided and maintained by Kinney Smith Prestige Living, Red Sea (reference sholan) and does not constitute property particulars. Whilst we require advertisers to act with best practice and provide accurate information, we can only publish advertisements in good faith and have not verified any claims or statements or inspected any of the properties, locations or opportunities promoted. Rightmove does not own or control and is not responsible for the properties, opportunities, website content, products or services provided or promoted by third parties and makes no warranties or representations as to the accuracy, completeness, legality, performance or suitability of any of the foregoing. We therefore accept no liability arising from any reliance made by any reader or person to whom this information is made available to. You must perform your own research and seek independent professional advice before making any decision to purchase or invest in overseas property.

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