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You can find over 7500 listings for property for sale in Hurghada from reliable agencies and developers on the Global Properties website. These listings include flats, villas and commercial properties. Use the search function to find properties in Hurghada, Egypt, browse the descriptions and contact the seller using the provided phone number.
- Minimum property prices in Hurghada: close to USD 20,000
- Highest cost of property in Hurghada: USD 17.7 million
- Minimum floor area: 26 m²
- The largest area: 2,240 m²
The most popular destinations to get investment real estate in Hurghada are:
Al Ahya — a neighbourhood in the northern part of the city where housing prices are affordable. The area has a population of around 50,000 people, providing a more budget-friendly option for residents.
Al Gouna — one of Hurghada's resorts. It has infrastructure for recreation. The resort has 17 hotels and over 10,000 hotel rooms, catering to both local and international tourists.
Al Hilal — one of the most prestigious parts of the whole city. Many government officials live there. The neighbourhood is home to the offices of several government ministries, making it a hub for political and administrative activities
Arabiya — a coastal community with numerous luxury complexes and beaches. The average property price in Arabiya is around USD 200,000, making it a popular destination for those seeking high-end real estate.
Investors can obtain an Egyptian long-term visa by purchasing property. For a purchase totaling USD 50,000 or more, a residence permit for one year can be obtained. Investments of USD 100,000 and USD 200,000 will provide residence permits for three and five years, respectively. The Egyptian residence permit can be renewed indefinitely.
Property in Hurghada
The city on the Red Sea coast is increasingly becoming the centre of attention for investors looking to buy homes abroad. Known for its stunning beaches, the resort boasts a wide range of properties when it comes to houses and different types of investment buildings.
There are not as many options on the market as there are in Cairo but as the resort grows in popularity and development, the number of offers is increasing. In the catalogue, you can choose one of the properties on the resale market or pick up offers from developers. If you're interested in luxury housing, check out the El Hilal neighbourhood. Those looking for new communities with modern infrastructure should look at New Hurghada in the north of the city. The transaction process for foreigners is well-established, making it easy to buy. Buying property in Egypt, like in any other country, requires a good understanding of the market and careful inspection of the property and its documents. It's often recommended to seek assistance from professionals to avoid potential issues.
Reasons for investing in property in Hurghada
Buying properties in Hurghada for investment is potentially profitable. The resort is attractive for investment for a number of reasons, including:
- Prospective profitability (ROI). Due to the city's burgeoning tourism industry, there is a high rental yield. The average ROI on rentals in Egypt is 5.9%; in a prestigious resort you can expect an ROI at this level or higher. This is a good indicator in the global market.
- Market growth. The Egyptian market is expected to grow at a compound annual growth rate of 10.96% between 2023 and 2029 to reach a volume of USD 30.34bn. The country's residential sector accounts for more than 60% of this value, indicating strong growth prospects for investors.
- New construction. Housing under construction offers competitive prices and flexible options of partial payments. New projects are built to modern standards, allowing investors to add to their portfolio a liquid asset that will still remain up-to-date for a long time after.
- Strategic location and growing tourism industry. The resort's location on the Red Sea coast with famous beaches surrounded by entertainment infrastructure continues to attract tourists from all over the world. The growing tourism sector not only increases rental demand but also makes a massive contribution to the long-term growth in property values.
Buying real estate in Hurghada
Looking for the perfect piece of real estate for sale in Hurghada, Egypt? Our website offers a simple interface and extensive database of listings. Whether you are looking for luxury villas in Egypt or a cosy flat overlooking the coast, you'll find the best options here. With our convenient search filters, there's no need to visit multiple websites.
Our site offers houses and apartments in Egypt in all the popular destinations. Browse our extensive list of options and choose from thousands of offers for relocation, seasonal living or investment.