Egypt's Red Sea coast is known for its stunning beaches, picturesque landscapes and thriving real estate markets. Among the popular destinations along the Red Sea are Sokhna and Hurghada. Both offer unique opportunities for real estate investment and lifestyle choices. Location and Accessibility: Sokhna: Sokhna is a coastal city located on the western shore of the Red Sea, approximately 120 kilometers east of Cairo. Its close proximity to the capital makes it easily accessible for both local and international visitors. The city is well-connected through major highways and transportation networks, facilitating convenient travel. Hurghada: Situated on the eastern coast of the Red Sea, Hurghada is one of Egypt's most popular tourist destinations. It boasts an international airport, which making it easily accessible from various countries. Hurghada's location offers direct access to the Red Sea's mesmerizing coral reefs which making it a haven for divers and snorkelers. Real Estate Market: Sokhna: Sokhna's real estate market has experienced rapid growth in recent years. It offers a wide range of properties, including luxurious villas, apartments and budget-friendly options. The city's developments focus on providing high-quality amenities, beachfront living and scenic views. Major developers have invested in Sokhna, contributing to its development and infrastructure. Hurghada: Hurghada's real estate market is well-established and has been attracting investors for many years. It offers a diverse selection of properties, ranging from beachfront apartments and villas to resort-style developments. The city's real estate market caters to different budget ranges which making it accessible to a broad range of investors. Hurghada's vibrant tourism industry and favorable climate contribute to its attractiveness as a real estate investment destination. Attractions and Lifestyle: Sokhna: Sokhna boasts a relaxed lifestyle and natural beauty, making it an ideal destination for those seeking tranquility and beachfront living. The city offers various attractions including Ain Sokhna Beach, known for its stunning views and water sports activities. Additionally, developments like IL Monte Galala and Jebal El Sokhna provide residents with premium amenities such as leisure facilities, retail outlets and entertainment options. Hurghada: Hurghada is famous for its vibrant and lively atmosphere. The city offers a wide range of attractions and activities including pristine beaches, vibrant nightlife and water sports adventures. Hurghada's coral reefs attract divers from around the world which provides unique opportunities for underwater exploration. The city is also home to luxury resorts, golf courses and a variety of restaurants and shopping centers. Investment Considerations: Sokhna: Prospective buyers considering Sokhna should note that the city's real estate market is still expanding, offering potential for growth and appreciation. The presence of major developers and planned infrastructure projects contribute to the long-term investment potential. Additionally, Sokhna's relatively lower entry costs compared to other Red Sea destinations make it attractive to first-time investors and those seeking budget-friendly options. Hurghada: Investing in Hurghada offers stability and a well-established market. The city's strong tourism industry provides a steady stream of rental income and potential for high occupancy rates. The diverse property options cater to different investment strategies, whether it's long-term rentals, short-term holiday rentals or personal use. Investors can benefit from the city's established infrastructure, amenities, and existing rental management services. Both Sokhna and Hurghada offer unique advantages and investment opportunities within Egypt's Red Sea real estate markets. Sokhna appeals to those seeking a serene beachfront lifestyle, while Hurghada caters to those looking for a vibrant and bustling atmosphere. Consider your preferences, budget and investment goals when choosing between these two destinations. With careful research and guidance from real estate professionals, investors can make informed decisions to capitalize on the growth and potential offered by Egypt's Red Sea coast.
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 2,200,000 EGP with a price per sqm of 18,384 EGP. The downpayment for a property in Selena Bay is starting at 15% or 330,000 EGP. 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 30,556 EGP
La Vista 6 is located in Zafarana, Sokhna. The developer of La Vista 6 is La Vista Developments.
The completion date for La Vista 6 is and the finishing for the properties are Fully Finished.
The starting price of properties in La Vista 6 is 6,950,000 EGP with a price per sqm of 49,643 EGP. The downpayment for a property in La Vista 6 is starting at 35% or 2,432,500 EGP. The number of installments for a property in La Vista 6 is 12 installments and has a payment plan of 3 years. The monthly payment of a property in La Vista 6 193,056 EGP
Baymount is located in Zafarana, Sokhna. The developer of Baymount is Maven Developments.
The completion date for Baymount is and the finishing for the properties are Fully Finished.
The starting price of properties in Baymount is 4,381,000 EGP with a price per sqm of 29,405 EGP. The downpayment for a property in Baymount is starting at 9% or 394,290 EGP. The number of installments for a property in Baymount is 36 installments and has a payment plan of 9 years. The monthly payment of a property in Baymount 40,565 EGP
Cape Bay is located in Zafarana, Sokhna. The developer of Cape Bay is Lasirena Group.
The completion date for Cape Bay is and the finishing for the properties are Fully Finished.
The starting price of properties in Cape Bay is 2,160,000 EGP with a price per sqm of 26,857 EGP. The downpayment for a property in Cape Bay is starting at 15% or 324,000 EGP. The number of installments for a property in Cape Bay is 40 installments and has a payment plan of 10 years. The monthly payment of a property in Cape Bay 18,000 EGP
The View Residence is located in 1st Hurghada, Hurghada. The developer of The View Residence is Egyptian Kuwaiti Developers (EKD).
The completion date for The View Residence is and the finishing for the properties are Fully Finished.
The starting price of properties in The View Residence is 4,142,000 EGP with a price per sqm of 36,330 EGP. The downpayment for a property in The View Residence is starting at 30% or 1,242,600 EGP. The number of installments for a property in The View Residence is 16 installments and has a payment plan of 4 years. The monthly payment of a property in The View Residence 86,292 EGP
Azzurra is located in Sahl Hasheesh, Hurghada. The developer of Azzurra is Prime State Developments.
The completion date for Azzurra is and the finishing for the properties are Fully Finished.
The starting price of properties in Azzurra is 4,080,000 EGP with a price per sqm of 41,632 EGP. The downpayment for a property in Azzurra is starting at 10% or 408,000 EGP. The number of installments for a property in Azzurra is 20 installments and has a payment plan of 5 years. The monthly payment of a property in Azzurra 68,000 EGP