Hurghada has emerged as a top destination for real estate investment in Egypt due to several compelling reasons: - Beautiful Coastal Location: Hurghada is situated along the stunning Red Sea coastline, boasting pristine beaches, crystal-clear waters and a vibrant underwater ecosystem. This coastal beauty has made it an attractive destination for tourists and real estate investors seeking beachfront properties and holiday homes. - Tourism Hub: Hurghada has developed into a thriving tourism hub, attracting a significant number of international and domestic tourists each year. The city offers a wide range of amenities, including luxury resorts, hotels, restaurants, shopping centers and entertainment venues. The thriving tourism industry creates a high demand for rental properties, making it an appealing prospect for real estate investors. - Diverse Real Estate Options: Hurghada offers a diverse range of real estate options to cater to different investment preferences. From luxurious beachfront villas and apartments to budget-friendly properties, the city provides a wide selection to suit various budgets and investment strategies. This diversity allows investors to find opportunities that align with their financial goals. - Affordable Property Prices: Compared to other popular tourist destinations, Hurghada offers relatively affordable property prices. This affordability, combined with the potential for rental income from tourism, makes it an enticing market for both local and international investors. Investors can acquire properties at a lower entry cost and enjoy favorable returns on investment. - Strong Rental Market: The thriving tourism industry in Hurghada contributes to a robust rental market. The city attracts tourists throughout the year, creating a consistent demand for short-term rentals and holiday accommodations. Real estate investors can benefit from rental income, especially during peak tourist seasons, resulting in attractive rental yields. - Government Support: The Egyptian government has implemented various initiatives and reforms to encourage real estate investment in Hurghada and promote economic growth. These include facilitating foreign ownership, streamlining investment procedures and providing incentives for real estate developers. Such support enhances investor confidence and contributes to the city's attractiveness as an investment destination. - Infrastructure Development: Hurghada has witnessed significant infrastructure development including improved transportation networks, airports and utilities. These developments enhance accessibility and connectivity which makes it easier for tourists and residents to reach the city. The availability of quality infrastructure adds value to real estate investments and supports long-term growth. - Economic Development: Hurghada has experienced significant economic growth, driven primarily by its tourism industry. The city has attracted substantial investments in infrastructure, hotels, resorts and leisure facilities further enhancing its appeal as a real estate investment destination. The strong economic development in Hurghada provides a stable foundation for long-term real estate investments.
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
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
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.
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
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.
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
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.
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
Veranda is located in Sahl Hasheesh, Hurghada. The developer of Veranda is Inertia.
The completion date for Veranda is and the finishing for the properties are Fully Finished.
The starting price of properties in Veranda is 8,414,000 EGP with a price per sqm of 36,267 EGP. The downpayment for a property in Veranda is starting at 10% or 841,400 EGP. The number of installments for a property in Veranda is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Veranda 116,861 EGP