The real estate market in Hurghada for foreigners is not so many years old, but this does not prevent it from confidently leading in terms of development rates among other coastal countries. The reasons for this are quite understandable: Hurghada is the very resort city where there are all conditions for a comfortable life and recreation. All year round swimming season, the warmest sea water and the most beautiful red sea in the world. At the same time, in Hurghada, the policy of low prices and friendly attitude towards foreigners is controlled and actively promoted by the state.
However, many people mistakenly do not consider Egypt as a country for real estate investments. As a rule, the negative is associated with an unsuccessful vacation experience in the country, or with a mistaken idea of the country as unsafe for life, aggressively Muslim and uncivilized. A significant contribution to the formation of an incorrect and incomplete opinion about Egypt is made by the media, using any informational occasion to attract the attention of the audience.
According to many experts, today the price-quality ratio in real estate in Hurghada is one of the best in the world. In short, for very reasonable money you usually get a new apartment, decent quality of construction and decoration, warm sea, sun, developed infrastructure, no language problems, a huge selection of activities for entertainment and sports. And by entrusting the rental of your apartment to a reliable management company, you will not worry about managing the apartment. You arrive in Egypt at any time, without first obtaining a visa, using regular air service established with the whole world and all major cities.
Importantly, Hurghada has a fairly low level of financial control and very moderate taxes. A wide selection of real estate, depending on your wishes for the environment and your possibilities, the sea coast with a variety of historical and natural attractions, landscapes, flora and fauna.
People come back here again and again, and this is one of the reasons why the real estate market for foreigners has been booming since day one.
Prices for new properties in Hurghada start at $ 10,000 for a studio from $ 12,000 — $ 14,000 for a one-bedroom apartment. Today, these prices are 2-4 times lower than the average in coastal cities. Hurghada is a year-round resort with excellent infrastructure.
In Hurghada, it is very easy to rent an apartment, and you can rent it both daily and for a long time. A sufficient number of apartment buildings, gated complexes with playgrounds, swimming pools, gardens and water parks are being built in Hurghada, so that everyone can choose a property in Hurghada to their taste and budget.
Real estate in Hurghada is worth considering for those who would like to meet a modest budget when buying.
We have recorded and obtained more than 100 reasons why we would recommend choosing a property in Hurghada. Below you will find just a few of them, for the rest, ask our managers.
— 365 days of sunshine a year, warm sea, year-round swimming season
— developed infrastructure, both tourist and for life
— visa-free regime for most countries (visa is placed upon arrival at the airport)
— year-round available air service
— low prices for all groups of consumer goods
— still low property prices
— a large selection of real estate for sale for every taste
— good quality construction
— good attitude towards foreigners
— excellent rental potential, high demand and a well-established delivery system
For any questions regarding the choice of EXCURSIONS from Hurghada, you can always consult with our specialists who have relevant information and will help you make the right choice
+20 106 930 3640 Contact us
Skype: Hurghada RedSeaLine