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The Global Properties aggregator offers over 50 options for property for sale in Sharm El-Sheikh from authorised agencies and directly from developers. Our website features the largest catalogue of listings, each with comprehensive property details and important information, including seller contacts. Explore our database to get an overview of the available offers for property in Sharm El-Sheikh, Egypt.
- Lowest cost of property in Sharm El-Sheikh: USD 13,000
- Highest property prices in Sharm El-Sheikh: close to USD 640,000
- Minimum area: 40 m²
- Largest area: 856 m²
Some of the most popular neighbourhoods in Sharm El-Sheikh for real estate include:
Naama Bay: A large resort community with over 100 restaurants and bars, making it a hub for tourists and offering a wide range of dining, shopping, and leisure activities.
Sharks Bay: A popular destination for active sports enthusiasts, especially divers, with 20 dive sites within a 10-minute boat ride. Properties in Sharks Bay range from affordable options to exclusive offers in gated complexes.
Hadaba: Known for its numerous villas and apartments, as well as its shopping centres and restaurants, with over 50 shopping and dining options catering to both tourists and residents.
Nabq: Offers a wide range of apartment types with sea views, attracting those looking for tranquillity and privacy, with 300 apartments overlooking the natural beauty of the region.
Soho Square: A modern, stylish area with shopping centres and entertainment venues, offering 40 retail and leisure establishments, and featuring both affordable apartments and villas.
Investment is the easiest way to obtain an Egyptian residence permit. To qualify for a resident visa, you need to buy an apartment, villa or commercial property worth more than USD 50,000. With this amount of investment, you will be issued a residence permit for one year with an unlimited number of extensions. An amount of USD 100,000 gives you the chance to qualify for a three-year visa, with USD 200,000 for a five-year one.
Property in Sharm El-Sheikh
The region offers a unique balance between outdoor recreation and luxury amenities. The resort, with its colourful coral reefs and the famous scenery of the Sinai Mountains, is attracting investors and homebuyers. There are properties to suit a wide range of requirements and fulfil the needs of every type of potential investor.
The city is attractive for both high rental income and long-term investments. In addition, the state is implementing initiatives to encourage foreign investment, including a residence permit program for the purchase of apartments and villas in Egypt.
Investing in local housing is not a complicated process, but there are important features of the market and transaction execution that you need to be aware of. It is preferable to work with an experienced broker who specialises in this location and knows the peculiarities of Egyptian legislation. The specialist will assist in going through the legal and administrative procedures, which will make the purchase of property in Egypt as easy and comfortable as possible.
Reasons for investing in property in Sharm El-Sheikh
Purchasing investment real estate in Sharm El-Sheikh is an opportunity given the rapid market growth of the local market together with government's loyal policy towards foreign buyers. Here are some of the advantages of owning a home in this city:
- Growth in the property market. The area is growing rapidly and gradually becoming the leading destination in the country. The total market is expected to reach USD 30.34 billion by 2029, growing at an average annual rate of 10.96%.
- Rental income. Egypt's resort capital offers a high return on investment, especially when it comes to short-term rentals. With an average profitability rate of 5.9% nationally, investors can expect returns at this level or higher, given the popularity of the resort.
- Government policies. Recent changes, such as the removal of restrictions on foreign ownership of land and housing, are aimed at attracting more investors.
- Tourism and infrastructure development. The city's status as a major tourist destination is driving the growth of the housing market in the region. Ongoing infrastructure developments are enhancing the city's appeal to both tourists and residents. These developments include building reconstructions, road improvements, construction of new buildings, as well as upgrades to airports and other parts of the transportation system.
Buying real estate in Sharm El-Sheikh
Our website features a comprehensive database of villas and apartments in Egypt. We are dedicated to helping you find the ideal property that meets your needs. Our website includes a built-in currency converter and search filters based on price, area, type, and location. Take a look at our catalogue to easily choose and purchase properties in Sharm El-Sheikh for investment or as a second home for business trips or vacations.