The best locations for beachfront properties in Egypt include the North Coast, Sharm El Sheikh, Hurghada, and El Gouna. These areas offer beautiful beaches, vibrant communities, and numerous amenities.
Prices vary widely depending on the location, size, and amenities. On the North Coast, properties can range from EGP 1 million to over EGP 20 million. In Hurghada and Sharm El Sheikh, prices can range from EGP 500,000 to EGP 10 million.
Yes, beachfront properties in Egypt are considered a good investment due to the country's growing tourism sector and increasing demand for vacation homes. Properties in prime locations often appreciate in value and can generate rental income.
Common amenities include private beaches, swimming pools, gyms, security services, landscaped gardens, and access to water sports facilities. Some properties may also offer spa services, restaurants, and bars.
Foreigners can buy property in Egypt, but there are some restrictions. For instance, foreigners can own a maximum of two properties, each not exceeding 4,000 square meters. It's advisable to consult with a legal expert to understand all regulations.
Consider the property's location, accessibility, nearby amenities, maintenance costs, and potential for rental income. Additionally, check the developer's reputation and the property's legal status.
You can find beachfront properties through real estate websites, local real estate agents, and property developers. Websites like Elbayt.com one of popular options.
Maintenance costs vary depending on the property's size and amenities. Typical costs include landscaping, security, pool maintenance, and general upkeep. These costs can range from EGP 500 to EGP 5,000 per month.
Yes, renting out beachfront properties is common and can provide a steady income stream. Short-term rentals, especially during the tourist season, can be particularly lucrative.
Rental yields can vary but typically range from 5% to 10% annually, depending on the property's location, condition, and amenities. Properties in high-demand areas often yield higher returns.
Legal requirements include verifying property ownership, ensuring all taxes are paid, and registering the property with local authorities. It's crucial to work with a qualified lawyer to navigate the legal process.
Financing options include personal savings, mortgages from local banks, and developer financing. Compare the terms and interest rates to choose the best option for your needs.
Benefits include enjoying a luxurious lifestyle, potential for rental income, property value appreciation, and access to recreational activities. Beachfront properties also offer stunning views and a serene environment.
Risks include potential environmental changes, such as erosion or rising sea levels, as well as market fluctuations. Conduct thorough research and seek professional advice to mitigate these risks.
Required documents include a valid passport, residency permit or visa, proof of income, and the sales contract. Additional documents may be needed for legal and financial verification.
Ensure quality by inspecting the property thoroughly, checking for any signs of damage or poor construction, and reviewing the developer's reputation. Hiring a professional inspector can also be beneficial.
The process involves setting a competitive price, marketing the property, negotiating with potential buyers, and completing the legal paperwork. Working with a real estate agent can streamline the process.
Yes, property insurance is available and recommended to protect against risks like natural disasters, theft, and damage. Compare insurance policies to find the best coverage for your needs.
Market trends include increasing demand for luxury properties, development of new coastal resorts, and a growing interest in eco-friendly and sustainable properties. Staying informed about market trends can help make better investment decisions.
Property management can be handled personally or by hiring a professional management company. Services typically include maintenance, tenant management, and handling of rental agreements. A good property management company can ensure your property is well-maintained and profitable.
Selena Bay is located in Second Hurghada, Hurghada. The developer of Selena Bay is Palma Group.
The completion date for Selena Bay is and the finishing for the properties are Fully Finished.
The starting price of properties in Selena Bay is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Selena Bay is starting at Ask for price or Ask for price. The number of installments for a property in Selena Bay is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Selena Bay Ask for price
Hyde Park North is located in Ras El Hekma, North Coast. The developer of Hyde Park North is Hyde Park Developments.
The completion date for Hyde Park North is and the finishing for the properties are Fully Finished.
The starting price of properties in Hyde Park North is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Hyde Park North is starting at Ask for price or Ask for price. The number of installments for a property in Hyde Park North is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Hyde Park North Ask for price
Solare is located in Ras El Hekma, North Coast. The developer of Solare is Misr Italia.
The completion date for Solare is and the finishing for the properties are Fully Finished.
The starting price of properties in Solare is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Solare is starting at Ask for price or Ask for price. The number of installments for a property in Solare is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Solare Ask for price
Ogami is located in Ras El Hekma, North Coast. The developer of Ogami is SODIC.
The completion date for Ogami is and the finishing for the properties are Fully Finished.
Salt is located in Sidi Abdelrahman, North Coast. The developer of Salt is Tatweer Misr.
The completion date for Salt is and the finishing for the properties are Fully Finished.
The starting price of properties in Salt is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Salt is starting at Ask for price or Ask for price. The number of installments for a property in Salt is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Salt Ask for price
La Vista Cascada is located in Sidi Abdelrahman, North Coast. The developer of La Vista Cascada is La Vista Developments.
The completion date for La Vista Cascada is and the finishing for the properties are Fully Finished.
The starting price of properties in La Vista Cascada is Ask for price with a price per sqm of Ask for price. The downpayment for a property in La Vista Cascada is starting at Ask for price or Ask for price. The number of installments for a property in La Vista Cascada is 12 installments and has a payment plan of 3 years. The monthly payment of a property in La Vista Cascada Ask for price
Aroma Residence is located in Adabiya, Sokhna. The developer of Aroma Residence is Residence Real Estate Dev..
The completion date for Aroma Residence is and the finishing for the properties are Fully Finished.
The starting price of properties in Aroma Residence is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Aroma Residence is starting at Ask for price or Ask for price. The number of installments for a property in Aroma Residence is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Aroma Residence Ask for price
Bella Vento Galala is located in Zafarana, Sokhna. The developer of Bella Vento Galala is Manara Developments.
The completion date for Bella Vento Galala is and the finishing for the properties are Fully Finished.
The starting price of properties in Bella Vento Galala is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Bella Vento Galala is starting at Ask for price or Ask for price. The number of installments for a property in Bella Vento Galala is 40 installments and has a payment plan of 10 years. The monthly payment of a property in Bella Vento Galala Ask for price
Lasirena Resort is located in Zafarana, Sokhna. The developer of Lasirena Resort is Lasirena Group.
The completion date for Lasirena Resort is and the finishing for the properties are Fully Finished.
The starting price of properties in Lasirena Resort is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Lasirena Resort is starting at Ask for price or Ask for price. The number of installments for a property in Lasirena Resort is 12 installments and has a payment plan of 3 years. The monthly payment of a property in Lasirena Resort Ask for price