Property or Location in Egypt

Russian Buyers' Guide to Egyptian Vacation Homes

Are you a Russian buyer dreaming of owning a slice of paradise in Egypt? You're in luck! We'll take you on a journey through the ins and outs of purchasing a vacation home in this captivating country. From the sparkling shores of the Red Sea to the ancient wonders of Luxor, Egypt has something for every taste and budget. Why Egypt Captivates Russian Buyers: Picture this: palm-fringed beaches, year-round sunshine, and a rich tapestry of history and culture. It's no wonder that Egypt has captured the hearts of Russian buyers seeking a getaway from the chill of home. Whether you're drawn to the vibrant nightlife of Hurghada or the tranquil beauty of Marsa Alam, Egypt offers a myriad of options for your dream vacation home. Understanding the Legal Landscape: Before embarking on your real estate journey, it's essential to understand the legalities of property ownership in Egypt. While non-Egyptians can own property in designated areas, navigating the legal framework can be daunting without the right guidance. Fear not! With the help of experienced real estate agents and legal advisors, you can navigate the intricacies of foreign ownership laws with confidence. Finding Your Perfect Oasis: With so many breathtaking destinations to choose from, finding the perfect vacation home can feel like searching for a needle in a pyramid. Whether you crave the vibrant energy of Cairo or the serene tranquility of the Sinai Peninsula, take your time to explore different regions and find the one that speaks to your soul. Remember, your vacation home is more than just a property—it's your personal oasis in the land of the pharaohs. Tips for Smooth Sailing: Navigating the buying process in a foreign country can be a bit like deciphering hieroglyphics—confusing at first glance, but with the right guide, it becomes clear as day. Start by enlisting the help of a reputable real estate agent who understands your needs and speaks your language. From property viewings to negotiations and paperwork, having a knowledgeable ally by your side will ensure a smooth and stress-free experience. Counting the Costs: Owning a vacation home in Egypt comes with its fair share of expenses, beyond just the purchase price. From property taxes to maintenance fees and utility bills, it's essential to budget for all the costs involved in homeownership. Consider factors like rental income potential and currency exchange rates when planning your budget to ensure that your Egyptian escape remains a source of joy, not financial stress. Embrace the Adventure: Buying a vacation home in Egypt isn't just about owning property—it's about embracing a lifestyle of adventure and exploration. Whether you're snorkeling in the Red Sea, haggling in the bustling bazaars, or simply sipping tea on your balcony as the sun sets over the Nile, every moment in your Egyptian paradise is an opportunity for discovery and delight. Popular Vacation Home in Egypt Soma Bay: Nestled along the Red Sea coast, Soma Bay is renowned for its luxury resorts and upscale vacation homes. Projects like Kempinski Hotel Soma Bay and The Breakers Diving & Surfing Lodge offer beachfront villas, apartments, and townhouses with access to world-class amenities such as golf courses, spas, and water sports facilities. El Gouna: Developed by Orascom Development, El Gouna is a master-planned resort town known for its picturesque lagoons, stunning beaches, and vibrant community. Projects like Ancient Sands Golf Resort & Residences and Mangroovy Residence offer a range of vacation homes, including waterfront villas, apartments, and townhouses, complemented by a wealth of leisure activities and services. Marassi: Located on the North Coast near Alexandria, Marassi is a luxurious beachfront development by Emaar Misr. The project features a variety of residential options, including chalets, apartments, and villas, overlooking pristine beaches and the Mediterranean Sea. Marassi also boasts an array of amenities, including shopping malls, restaurants, and beach clubs. Mountain View Sokhna 1 & 2: Situated in Ain Sokhna along the Red Sea, Mountain View Sokhna 1 & 2 are residential projects offering vacation homes with panoramic sea views and direct access to private beaches. These gated communities feature villas and chalets designed to provide residents with a serene retreat amidst natural landscapes. Porto Sokhna: Developed by Porto Group, Porto Sokhna is a popular resort destination offering a range of vacation homes overlooking the Red Sea. The project includes waterfront apartments, chalets, and villas, along with a variety of recreational facilities such as swimming pools, water parks, and marinas. With its irresistible blend of sun, sand, and ancient splendor, Egypt beckons Russian buyers to embark on the adventure of a lifetime. By understanding the legal landscape, finding the perfect location, and enlisting the help of experienced professionals, you can turn your dream of owning a vacation home in Egypt into a reality.

Pay Over
6 Years
Down Payment
5%
Completion
2023 Q1

Marassi

North Coast | Emaar Misr


Villa, Penthouse, Chalet
Pay Over
6 Years
Down Payment
20%
Completion
2023 Q4

Porto Sokhna

Sokhna | Arab Developers Holding ( ADH )


Penthouse, Chalet
Pay Over
3 Years
Down Payment
30%
Completion
2022 Q3

Mountain View Sokhna 1

Sokhna | Mountain View (DMG)


Villa
Pay Over
4 Years
Down Payment
25%
Completion
2022 Q4

Mangroovy El Gouna

Hurghada | Mangroovy Residence


Townhouse, Penthouse, Chalet
Pay Over
3 Years
Down Payment
10%
Completion
2023 Q1

Somabay

Safaga | Soma Bay


Chalet, Cabin

About Marassi, North Coast

Marassi is located in Sidi Abdelrahman, North Coast. The developer of Marassi is Emaar Misr.

The completion date for Marassi is and the finishing for the properties are Fully Finished.

Marassi, North Coast prices

The starting price of properties in Marassi is 15,833,166 EGP with a price per sqm of 145,318 EGP. The downpayment for a property in Marassi is starting at 5% or 791,658 EGP. The number of installments for a property in Marassi is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Marassi 219,905 EGP

About Porto Sokhna, Sokhna

Porto Sokhna is located in Zafarana, Sokhna. The developer of Porto Sokhna is Arab Developers Holding ( ADH ).

The completion date for Porto Sokhna is and the finishing for the properties are Fully Finished.

Porto Sokhna, Sokhna prices

The starting price of properties in Porto Sokhna is 1,816,157 EGP with a price per sqm of 20,490 EGP. The downpayment for a property in Porto Sokhna is starting at 20% or 363,231 EGP. The number of installments for a property in Porto Sokhna is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Porto Sokhna 25,224 EGP

About Mountain View Sokhna 1, Sokhna

Mountain View Sokhna 1 is located in Zafarana, Sokhna. The developer of Mountain View Sokhna 1 is Mountain View (DMG).

The completion date for Mountain View Sokhna 1 is and the finishing for the properties are Fully Finished.

Mountain View Sokhna 1, Sokhna prices

The starting price of properties in Mountain View Sokhna 1 is 8,005,065 EGP with a price per sqm of 26,075 EGP. The downpayment for a property in Mountain View Sokhna 1 is starting at 30% or 2,401,519 EGP. The number of installments for a property in Mountain View Sokhna 1 is 12 installments and has a payment plan of 3 years. The monthly payment of a property in Mountain View Sokhna 1 222,363 EGP

About Mangroovy El Gouna, Hurghada

Mangroovy El Gouna is located in Gouna, Hurghada. The developer of Mangroovy El Gouna is Mangroovy Residence.

The completion date for Mangroovy El Gouna is and the finishing for the properties are Fully Finished.

Mangroovy El Gouna, Hurghada prices

The starting price of properties in Mangroovy El Gouna is 4,795,273 EGP with a price per sqm of 49,000 EGP. The downpayment for a property in Mangroovy El Gouna is starting at 25% or 1,198,818 EGP. The number of installments for a property in Mangroovy El Gouna is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Mangroovy El Gouna 99,902 EGP

About Somabay, Safaga

Somabay is located in Soma Bay, Safaga. The developer of Somabay is Soma Bay.

The completion date for Somabay is and the finishing for the properties are Fully Finished.

Somabay, Safaga prices

The starting price of properties in Somabay is 2,870,000 EGP with a price per sqm of 36,794 EGP. The downpayment for a property in Somabay is starting at 10% or 287,000 EGP. The number of installments for a property in Somabay is 12 installments and has a payment plan of 3 years. The monthly payment of a property in Somabay 79,722 EGP

Project Community Developer Name Unit Types Project Types Sub Community Completion Date Finishing Bedrooms
Marassi North Coast Emaar Misr Villa, Penthouse, Chalet Residential Sidi Abdelrahman 2023 Q1 Fully Finished 4, 5
Porto Sokhna Sokhna Arab Developers Holding ( ADH ) Penthouse, Chalet Residential Zafarana 2023 Q4 Fully Finished
Mountain View Sokhna 1 Sokhna Mountain View (DMG) Villa Residential Zafarana 2022 Q3 Fully Finished
Mangroovy El Gouna Hurghada Mangroovy Residence Townhouse, Penthouse, Chalet Residential Gouna 2022 Q4 Fully Finished 1, 2, 3
Somabay Safaga Soma Bay Chalet, Cabin Residential Soma Bay 2023 Q1 Fully Finished 1, 2

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