Ibiza Bay by The Home Development is a residential resort project in Al Ahyaa, Hurghada, on Prince Talal Bin Abdulaziz Street. The project offers studios and apartments with up to three bedrooms.

Project and facilities

Planned facilities include private-beach access, five swimming pools including a heated pool and rooftop pools, landscaped water features, children’s facilities, padel, restaurants and cafes, and property-management services. Project images are architectural visualizations. RedSeaCapital can help you choose a view and explain beach access and service charges.

Current availability

Explore the studios and apartments below, and contact RedSeaCapital for current availability and a selection matched to your preferences.

Payment options

Payment options include 15% down payment and installments over 4 years with a 2% discount; 30% down over 3 years with a 5% discount; or 50% down over 2.5 years with a 10% discount. A cash option with an advertised 25% discount is also available to discuss. Displayed unit prices are the undiscounted prices. RedSeaCapital can provide a current quotation and explain the applicable option; discounts are not combined.

Maintenance and utility meters

A one-off 10% maintenance fee is quoted separately. RedSeaCapital can explain the calculation basis, payment date and services covered for your selected unit.

An indicative EGP 35,000 charge has been quoted for water and electricity meters. Contact RedSeaCapital for the exact connections included, the applicable total and payment timing.

Handover

Advertised delivery: 30 June 2028, subject to the selected unit’s contract.

Project views

Ibiza Bay – Al Ahyaa, Hurghada – developer illustration
Ibiza Bay – Al Ahyaa, Hurghada – developer illustration

Floor plans

Open the developer floor plans (PDF)

Contact RedSeaCapital with the building and unit reference for the exact layout, gross area and finishing specification.

Contact RedSeaCapital for current availability, prices, payment options, fees and handover details.

LocationAl Ahyaa, HurghadaStarting priceEGP 4,173,000properties16
Down paymentFrom 15%, depending on planInstallmentsUp to 4 yearsDeliveryAdvertised delivery: 30 June 2028, subject to the selected unit’s contract.Maintenance10% one-off maintenance fee

Properties in this project