Hurghada is in high demand among tourists. At the same time, real estate prices are among the lowest in the world.
In Egypt, there are no restrictions on the purchase of real estate by foreigners, unlike most tourist countries.
In Hurghada, there is always a warm bathing season, which lasts almost all year round. In addition, due to the low humidity, summer heat is very easily tolerated, which can be important for older buyers. You can also highlight the transport accessibility — flights depart from almost all countries of the world every day and the cost of tickets is very low.
Hurghada is one of the cheapest resorts in terms of property prices. World experts believe that in terms of the ratio of three factors — price, climate and transport accessibility — Hurghada has no competitors among the world’s resorts.
Hurghada is a fairly large, rapidly developing city. It has a well-developed infrastructure, many supermarket chains and small local grocery stores. You can also find many ways to spend your time — cafes, bars, clubs and restaurants are scattered throughout the city. Also, in all areas there is electricity, gas and water supply.
Hurghada is one of the most popular tourist destinations among those who want to buy real estate.
Real estate prices throughout the city are approximately the same and depend on the distance from the coast. Apartment prices start from $ 8-10,000 and can go up to $ 100,000 for front line apartments.
Due to many events that have taken place over the past few years, in recent years it was easy to get a small discount when buying real estate on the secondary market. Now, however, according to experts, the real estate market in Hurghada is already beginning to gradually recover, and in some areas prices are already starting to rise.
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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