Property for Sale in Hurghada, Egypt

What the Hurghada market looks like right now

Hurghada splits into two very different markets. The master-planned bays — Sahl Hasheesh, Makadi Bay, Soma Bay and El Gouna — sell largely to foreign buyers, are priced per m² in euros, and trade on beach access, compound management and holiday-rental potential. The city districts — Al Ahyaa, Al Kawther, Magawish, Village Road, Dahar and Sakkala — are priced in Egyptian pounds at source, sell mostly to residents and long-stay expats, and trade on rental yield and walkability rather than resort facilities.

Because of that split, an average price per m² for "Hurghada" is close to meaningless. A finished sea-view apartment in Sahl Hasheesh and a similar-sized unit in Al Ahyaa can differ by a factor of three. Compare inside a district, not across the city.

Property types you will actually find

Studios and one-bedroom apartments dominate the holiday-let end, typically 35–70 m², often sold furnished in resort compounds. Two- and three-bedroom apartments are the mainstream family and long-let product. Villas and townhouses cluster in El Gouna, Soma Bay and Makadi Bay, usually with a private pool or lagoon frontage. Whole residential blocks occasionally come up in the city districts as pure yield plays.

Stock divides again into off-plan (bought from a developer during construction, usually with an instalment plan of three to seven years) and resale (bought from a private owner, normally paid in full, and available to occupy immediately).

Payment plans and how they change the price

Developer instalment plans in Hurghada typically start with a 10–35% down payment and spread the balance over three to seven years, interest-free on paper. The cash price is usually meaningfully lower than the headline instalment price, so always ask for both before comparing two projects.

Resale purchases from a private owner are normally cash. Mortgage finance for non-residents is uncommon in Egypt, which is why instalment plans are how most foreign buyers phase payment.

Checks before you commit

Ask which registration route the unit takes — green contract, tabu registration, or preliminary contract only. Ask whether the building has a completion certificate, what the annual service charge is, and who manages the compound. For off-plan, ask for the delivery date in the contract, not the one in the brochure.

Foreign buyers can own property in Egypt, subject to conditions on plot size, number of properties and land classification. Have the contract reviewed by an Egyptian lawyer acting for you rather than for the seller; we will introduce you to independent counsel and never act on both sides.

Frequently asked questions

Can foreigners buy property in Hurghada?

Yes. Non-Egyptians can own residential property in Egypt subject to legal conditions on the number of properties, plot size and land classification. Registration route matters more than nationality, so confirm whether the unit can be registered in your name before paying a deposit, and use an independent Egyptian lawyer.

How much does an apartment in Hurghada cost?

Studios in city districts such as Al Ahyaa start around €30,000. Two-bedroom sea-view apartments in the resort bays typically run €120,000–€220,000, and villas in El Gouna or Soma Bay run from roughly €400,000 upwards. Prices below reflect current stock rather than averages.

Can I buy on an instalment plan?

Off-plan units from developers usually offer three to seven year plans with a 10–35% down payment. Resale property from private owners is generally cash.

Can I buy while I am outside Egypt?

Yes, commonly through a notarised power of attorney given to a lawyer in Egypt. We arrange video viewings and full documentation packs before anyone travels.