Buying Property in Hurghada – Guide for Foreign Investors (2025
Why Hurghada Is a Hotspot for International Property Buyers
With its year-round sunshine, crystal-clear Red Sea beaches, and affordable luxury living, Hurghada has become one of the most attractive real estate destinations for foreign investors in Egypt. Whether you’re from the UK, Germany, Russia, or the Gulf, Hurghada offers an enticing combination of lifestyle, ROI, and legal access for international buyers.
From gated beachfront compounds in Sahl Hasheesh and El Gouna to central apartments in Al Kawther, Hurghada caters to retirees, remote workers, holiday home seekers, and buy-to-let investors alike.
Can Foreigners Buy Property in Hurghada?
Yes — foreign nationals are legally allowed to buy and own property in Hurghada, with relatively simple procedures.
Here’s what you need to know:
- Full Ownership: Foreigners can own property in Hurghada on a freehold basis.
- No Residency Required: You don’t need a residence visa to buy.
- Property Registration: Ownership is typically documented through notarized sales contracts.
- Legal Tip: Use a local lawyer to verify title, check developer permits, and register your ownership with Egyptian authorities.
Where to Buy Property in Hurghada – Best Areas for Foreign Buyers
1. Sahl Hasheesh
An upscale gated bay community, ideal for luxury beachfront living. International schools, golf courses, and marina nearby.
Popular projects: Veranda, Azzurra, Palm Beach Piazza
2. El Gouna
The “Venice of the Red Sea” – a private town by Orascom with world-class marinas, lagoons, and expat-friendly infrastructure.
Popular projects: Ancient Sands, Tawila, Abu Tig Marina Villas
3. Al Kawther
A lively district in central Hurghada close to hospitals, restaurants, and the promenade. Great for expats and long-term rentals.
4. Intercontinental Area & Mubarak 6
Affordable villas and apartments just a short walk from the beach. Quiet yet connected.
5. Magawish & Village Road
Emerging districts offering off-plan deals and value appreciation potential.
Average Property Prices in Hurghada (2025)
| Property Type | Price Range (USD) |
|---|---|
| Studio Apartment | $25,000 – $45,000 |
| 1-Bed Apartment | $35,000 – $70,000 |
| 2-Bed Apartment | $55,000 – $110,000 |
| Villa (Standalone) | $150,000 – $400,000 |
Off-plan deals often come with:
- 10%–20% down payment
- Interest-free installments over 3–5 years
- Discounts for cash buyers
Pro Tip: Prices are typically quoted in USD or Euro, and many developers accept international bank transfers.
ROI & Rental Yields in Hurghada
Hurghada isn’t just a lifestyle buy — it’s a smart investment with solid income potential.
- Short-Term Rentals: Airbnb and Booking.com yields of 7%–12% annually
- Long-Term Rentals: Expats and remote workers offer steady tenancy
- Capital Growth: Properties in El Gouna and Sahl Hasheesh have appreciated 25%–40% over the past 5 years
- Low Holding Costs: No annual property tax for most residential units
Who Is Buying Property in Hurghada?
- British and German retirees drawn by the low cost of living
- Digital nomads and remote workers seeking winter sun
- Gulf investors looking for holiday homes outside the Schengen zone
- Russian and Eastern European buyers attracted by beachfront lifestyle and affordable prices
Step-by-Step: How Foreigners Can Buy Property in Hurghada
- Select a Property or Compound
Visit top developments or work with a trusted local agency. - Reserve the Unit
Typically $1,000–$3,000 reservation deposit to lock the price. - Sign Preliminary Contract
This outlines payment terms, delivery dates, and handover conditions. - Legal Due Diligence
Hire a lawyer to verify developer permits, check land registration, and translate documents. - Installments or Full Payment
Most developers offer flexible plans without interest. - Register Contract with Notary
Some foreign buyers choose to register with the Real Estate Publicity Department (optional but advisable for higher-value homes).
Resale & Exit Options for Foreign Owners
- Resale is allowed with no minimum holding period in most projects
- You can rent the property while holding it
- Profits from resale can be repatriated if declared properly with supporting invoices and legal documentation
Taxes & Fees for Foreign Investors
| Fee/Tax | Typical Range |
|---|---|
| Notary & Legal Fees | 1%–2% of property value |
| Maintenance Fees | $300–$800/year (compound-specific) |
| Capital Gains Tax | None for personal property |
| Rental Income Tax | 10%–22.5% (with deductions) |
FAQs – Buying Property in Hurghada
Q: Can I get a residency permit if I buy property?
A: Yes, buyers of property worth $100,000+ may qualify for a renewable residency visa.
Q: Is financing available for foreigners?
A: Egyptian banks rarely offer mortgages to non-residents, but developer payment plans are widely available.
Q: Can I rent out my apartment on Airbnb?
A: Yes. Hurghada is Airbnb-friendly, especially in Sahl Hasheesh and El Gouna, with many management services available.
Q: Can I resell my property later?
A: Absolutely. You can resell at any time, often with a capital gain if you bought off-plan.
Next Steps – Start Your Red Sea Investment Today
With its laid-back lifestyle, high returns, and foreigner-friendly laws, Hurghada is one of the best places in Egypt to invest in 2025.
Whether you’re after a winter escape, a buy-to-let flat, or a retirement haven, the opportunities are endless.
[Request a Hurghada Property Brochure]
Speak with a Local Agent
[Book a Viewing Trip to Hurghada]
[Download the Legal Guide for Foreign Buyers]
Suggested Internal Links
- [Buying Process for Foreigners in Egypt]
- [Sahl Hasheesh Property Guide]
- [Compare El Gouna vs Hurghada Living]
- [Hurghada Compound Directory]
- [How to Transfer Money to Egypt for Property]
