The real estate market in Hurghada is now very diverse — these are expensive apartments with a private beach and a swimming pool, and studios, worth 8,000 euros, moreover, 300-400 meters from the sea, and spacious apartments in closed compounds, and large-scale villas with their own land plot. Moreover, each of these options is unique in its own way and is in demand among buyers.
For many years Egypt has been popular not only as a place for permanent residence or vacation, but also as a country where many foreigners invest in real estate in order to preserve and increase their investments.
This spring, investors from many countries had the opportunity to see how the Egyptian government prevented the large-scale spread of the coronavirus across the country, as can be seen in other countries where the sale of coastal real estate to foreigners is also widespread. Once again, Egypt has shown that healthcare and medicine in the country are at a high level and that human life is paramount.
A high level of security, a reliable investment climate and other favorable factors allow Egypt to rightfully remain in a leading position. Including in terms of attracting foreign investment in the real estate sector. Many overseas investors find the current time to be ideal for investing in local square meters.
For foreigners buying housing in Hurghada, the widespread knowledge of foreign languages by local residents, which in recent years have become widespread in the country, also plays a significant role. The attitude of the Egyptians among foreigners is extremely friendly, they absolutely do not have any manifestation of snobbery or chauvinism. The presence of good private schools according to the International system also plays a role, after which graduates enter the best universities in the world, as well as excellent regular flights.
For any questions regarding the PURCHASE and selection of real estate in Hurghada, you can always consult with our specialists who have the latest information and will help you make the right choice
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