Property or Location in Egypt

Top Reasons Why Russian Investors Should Consider Investing in Hurghada Real Estate

As the global real estate market continues to evolve, savvy investors are constantly on the lookout for promising opportunities that offer both stability and high returns. One such destination that has been increasingly catching the eye of Russian investors is Hurghada, Egypt. With its stunning beaches, burgeoning tourism industry, and favorable investment climate, Hurghada presents a compelling case for those looking to diversify their investment portfolios. Strategic Location: Hurghada's strategic location on the Red Sea coast makes it a prime destination for real estate investment. Its proximity to Europe, coupled with excellent air connectivity, makes it easily accessible for Russian investors seeking a holiday home or a lucrative rental property. Additionally, the Egyptian government's commitment to infrastructure development, such as the expansion of the Hurghada International Airport, further enhances the region's appeal as an investment hub. Booming Tourism Industry: Hurghada is renowned for its pristine beaches, vibrant coral reefs, and year-round sunshine, making it a popular tourist destination. The city attracts millions of visitors annually, drawn by its world-class diving and snorkeling opportunities, as well as its rich cultural heritage. For Russian investors, this translates into a steady stream of rental income, as well as the potential for capital appreciation as tourism continues to flourish. Favorable Investment Climate: Egypt has implemented a range of reforms aimed at attracting foreign investment, including streamlined procedures for property ownership and favorable tax incentives. Russian investors will find that investing in Hurghada real estate is relatively straightforward, with clear legal frameworks in place to protect their interests. Furthermore, the cost of living in Hurghada is lower compared to many European destinations, making it an attractive option for those seeking affordable yet high-quality real estate opportunities. Strong Rental Yields: The growing demand for holiday rentals in Hurghada translates into attractive rental yields for investors. Whether it's a beachfront apartment or a luxury villa, properties in Hurghada command competitive rental rates, particularly during peak tourist seasons. Russian investors can capitalize on this trend by investing in well-located properties that cater to the preferences of both domestic and international tourists. Diversification Benefits: Diversification is key to building a resilient investment portfolio, and investing in Hurghada real estate offers Russian investors the opportunity to diversify geographically. By allocating a portion of their investment capital to overseas markets like Egypt, investors can mitigate risks associated with domestic market fluctuations and currency depreciation. Hurghada's growing real estate market provides an attractive alternative asset class that can complement existing investment holdings. Hurghada's burgeoning real estate market presents a wealth of opportunities for Russian investors seeking to capitalize on the city's economic growth and tourism boom. With its strategic location, favorable investment climate, and strong rental yields, Hurghada offers the perfect blend of sun, sea, and investment potential. Whether it's a holiday home, a rental property, or a long-term investment, Russian investors would be wise to consider the abundant opportunities awaiting them in Hurghada's vibrant real estate market.

Pay Over
6 Years
Down Payment
15%
Completion
2024 Q2

Selena Bay

Hurghada | Palma Group


Apartment, Villa, Twinhouse, Studio
Pay Over
6 Years
Down Payment
10%
Completion
2022 Q3

G Cribs

Hurghada | Inertia


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

Mangroovy El Gouna

Hurghada | Mangroovy Residence


Townhouse, Penthouse, Chalet
Pay Over
2 Years
Down Payment
50%
Completion
2022 Q3

Swan Lake El Gouna

Hurghada | Hassan Allam Properties


Chalet
Pay Over
6.5 Years
Down Payment
10%
Completion
2023 Q1

Makadi Heights

Hurghada | Orascom Development


Apartment, Twinhouse, Penthouse
Pay Over
6 Years
Down Payment
20%
Completion
2026 Q2

Lazuli

Hurghada | Rekaz Developments


Penthouse

About Selena Bay, Hurghada

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.

Selena Bay, Hurghada prices

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

About G Cribs, Hurghada

G Cribs is located in Gouna, Hurghada. The developer of G Cribs is Inertia.

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

G Cribs, Hurghada prices

The starting price of properties in G Cribs is 4,816,000 EGP with a price per sqm of 43,700 EGP. The downpayment for a property in G Cribs is starting at 10% or 481,600 EGP. The number of installments for a property in G Cribs is 24 installments and has a payment plan of 6 years. The monthly payment of a property in G Cribs 66,889 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 Swan Lake El Gouna, Hurghada

Swan Lake El Gouna is located in Gouna, Hurghada. The developer of Swan Lake El Gouna is Hassan Allam Properties.

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

Swan Lake El Gouna, Hurghada prices

The starting price of properties in Swan Lake El Gouna is 11,340,000 EGP with a price per sqm of 77,671 EGP. The downpayment for a property in Swan Lake El Gouna is starting at 50% or 5,670,000 EGP. The number of installments for a property in Swan Lake El Gouna is 8 installments and has a payment plan of 2 years. The monthly payment of a property in Swan Lake El Gouna 472,500 EGP

About Makadi Heights, Hurghada

Makadi Heights is located in Makadi Bay, Hurghada. The developer of Makadi Heights is Orascom Development.

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

Makadi Heights, Hurghada prices

The starting price of properties in Makadi Heights is 3,600,000 EGP with a price per sqm of 48,333 EGP. The downpayment for a property in Makadi Heights is starting at 10% or 360,000 EGP. The number of installments for a property in Makadi Heights is 26 installments and has a payment plan of 6.5 years. The monthly payment of a property in Makadi Heights 46,154 EGP

About Lazuli, Hurghada

Lazuli is located in Sahl Hasheesh, Hurghada. The developer of Lazuli is Rekaz Developments.

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

Lazuli, Hurghada prices

The starting price of properties in Lazuli is 1,254,000 EGP with a price per sqm of 11,943 EGP. The downpayment for a property in Lazuli is starting at 20% or 250,800 EGP. The number of installments for a property in Lazuli is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Lazuli 17,417 EGP

Project Community Developer Name Unit Types Project Types Sub Community Completion Date Finishing Bedrooms
Selena Bay Hurghada Palma Group Apartment, Villa, Twinhouse, Studio Residential Second Hurghada 2024 Q2 Fully Finished 1
G Cribs Hurghada Inertia Apartment Residential Gouna 2022 Q3 Fully Finished 2, 3
Mangroovy El Gouna Hurghada Mangroovy Residence Townhouse, Penthouse, Chalet Residential Gouna 2022 Q4 Fully Finished 1, 2, 3
Swan Lake El Gouna Hurghada Hassan Allam Properties Chalet Residential Gouna 2022 Q3 Fully Finished 3
Makadi Heights Hurghada Orascom Development Apartment, Twinhouse, Penthouse Residential Makadi Bay 2023 Q1 Fully Finished 1, 2, 3
Lazuli Hurghada Rekaz Developments Penthouse Residential Sahl Hasheesh 2026 Q2 Fully Finished

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