Prices in Hurghada start at $ 10,000 per studio. An apartment with one or two bedrooms costs from $ 15-20,000, and a detached villa with a small plot can be found at a price of $ 50 000. The cost of real estate in Hurghada, like any other real estate, of course, varies greatly depending on its location — proximity to the sea, the prestige of the region, and urbanization can change the price of housing.
Choosing Hurghada to buy real estate is an important and challenging task.
We have been working with all types of residential and commercial property in Hurghada for many years, which allows us to give qualified, and most importantly impartial advice on buying real estate in each of the areas of Hurghada.
Egyptians are famous for their friendliness, positivity, and ability to make beautiful and unusual things out of seemingly ordinary things. Their dishes are unusually tasty and healthy, fruits are always fresh in the markets, and tourists are always welcome at all sights.
The former agrarian country back in the 70s of the 20th century, Egypt is now confidently among the developed countries. The country receives large investments, developing infrastructure, transport, roads, housing and contributing to an intensive increase in living standards. Today, we see successful results of this process — a strong and stable economy, a high standard of living of the population, excellent recreational facilities, an excellent transport system, excellent roads, the largest pace of construction of new high-quality housing and a tourism industry offering recreation for every taste.
A significant factor in the popularity of the Red Sea coast as a holiday destination and investment in real estate is the improved transport accessibility for foreigners every year. Direct flights are now available from almost all major cities.
The relatively low cost of housing maintenance, taxation, the very stay in the country also plays a significant role in deciding whether to buy an apartment in Hurghada.
In the light of recent events, those wishing to buy an apartment took the opportunity to make the right choice, so that the owners were more willing to bargain, and the absence of excessive excitement made it possible to approach the decision deliberately. In any case, a potential buyer could be less afraid that someone else had already paid a deposit for the apartment he had viewed in the morning at lunchtime. The buyer got more time for thoughts and advice with his family. But quality apartments with a good location are still perfectly liquid and are growing noticeably in price. Apartments and villas with good views, located in attractive, comfortable places close to the sea, are always popular.
Now international experts and analysts agree that in the near future we will see an even greater rise in this market. Forward-thinking shoppers have already grasped this moment and now we are seeing an increasingly noticeable increase in the number of purchases in Hurghada. Obviously, those who have time to take advantage of the situation will win the most. It has already become obvious to many that Hurghada offers a whole palette of diverse opportunities for both tourists and residents. It remains only to add all these advantages together and enjoy a pleasant choice in all respects.
For any questions regarding the PURCHASE and selection of real estate in Hurghada, you can always consult with our specialists who have up-to-date information and will help you make the right choice
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