Purchasing property abroad can be a good investment. Especially in Hurghada, which is growing. The gorgeous beaches, year-round sunshine, and increasing real estate opportunities in Hurghada are attracting more and more foreign buyers. If you are looking for a vacation property, a retirement getaway or a rental investment, let’s look at how to go about buying property as a foreigner.
Understanding the Real Estate Market in Hurghada.
Real Estate Market in Hurghada has been growing steadily owing to the local and international investor demand. The city has various properties to offer from beach apartments to luxury villas and gated compounds. Compared to other coastal destinations around the world, prices of property is quite affordable. Prior to investing, knowing the market trends, price range, and top-sought area is important.
step1.Find your business’s location through research and choosing.
Location is everything when it comes to real estate. El Kawther, Al Ahyaa, Intercontinental, and Sahl Hasheesh are popular neighborhoods among foreigners in Hurghada. Each area offers something unique– some are better off for a quiet living, while some are best for rental income. Think about how near things are, like the beach and transport links. Leisurely see places, talk to locals and compare eventually go with the best.
Engage a Reliable Estate Agent in Step 2.
A licensed real estate agent with experience can ease the buying process significantly. With their guidance, you’ll be led to properties that meet your need, price negotiation and in line with the law. When you pick an agent, make sure they have plenty of good reviews and are easy to communicate with and knowledgeable about the local market. An agent with a good reputation will explain the fees involved and avoid hidden fees.
Know about Legal Requirements and Procedures.
If you are a foreigner, you can legally own property in Hurghada. But this comes with legalities. It involves checking the owner of the house, signing an initial agreement, and getting a final deed registered. Working with a local lawyer familiar with Egyptian real estate law is highly advisable. They can ensure that the property is free of debts, the title is clear, and all the paperwork is in order.
Step 4: Financing Choices for Foreign Investors
Many foreigners pay cash for property but depending on the project or developer financing is available. You can opt for installment payment plans lasting several years and sometimes without interest. Others may require a down payment with flexible terms. Fully comprehend the total payment schedule and favor financing options you can include in your overall plan.
Step 5: Complete your purchase confidently and clearly!
Check the docuents before closing the deal for the payment terms and legality before closing the deal. Don’t rush the process. If you're buying off-plan or from a developer, check their previous delivery dates. When everything is set up, you will be able to sign the contract and register the property so that you can enjoy your new home or investment in Hurghada.
Discover Premier Residential Projects in Hurghada by AKA Group
Whether you’re searching for a modern apartment, a serene beachfront home, or a vibrant community in the city center, AKA Group offers a diverse range of residential projects in Hurghada tailored to meet every lifestyle and budget. Here’s a glimpse at some of our most prestigious developments:
🏙️ 1. First Avenue Southside – Mamsha, Hurghada
Nestled along the vibrant Mamsha promenade, First Avenue Southside combines contemporary elegance with unmatched convenience.
Land Area: 11,942m² | Building Area: 8,885m² | Landscape: 2,770.8m²
Unit Sizes: From 30m² to 1,000m²
This well-planned complex features two connected residential blocks surrounded by high-end retail stores. With fully finished apartments for sale and rent, First Avenue Southside caters to singles, couples, and families alike.
✅ Modern design, diverse unit sizes, and central location make this a top investment opportunity.
🌇 2. First Avenue Northside – City Center, Hurghada
A continuation of the Southside, First Avenue Northside offers stylish urban living in a central, walkable location.
Connected by the bustling 1st Avenue Strip, this area is ideal for those who value both lifestyle and accessibility.
Features rooftop gardens, fitness center, and premium commercial areas
Ideal for young professionals, investors, and families seeking modern city living
✅ Live where culture, convenience, and charm intersect every day.
💧 3. Alhambra Waterfalls – Green Living, Reimagined
A tranquil escape from city noise, Alhambra Waterfalls is a master-planned community built with serenity in mind.
Green open spaces between buildings
Low-density housing for maximum privacy and comfort
✅ Perfect for those who prioritize peace, nature, and thoughtful design.
🏖️ 4. Princess Resort – Exclusive Coastal Living on Mamsha
Located on the iconic Mamsha promenade, Princess Resort delivers a luxurious lifestyle right by the Red Sea.
Phase I is already setting new standards in coastal real estate
Soon to expand with beachfront residences for even greater opulence
Offers private beach access, water activities, and sweeping sea views
✅ An ideal choice for those who want everyday life to feel like a vacation.
🏢 5. West El Balad – In the Heart of Hurghada
West El Balad is a dynamic mixed-use development offering residential, commercial, and administrative units.
Centrally located, combining urban energy with community tranquility
Ideal for investors or residents seeking accessibility and functionality
✅ A smart solution for those who want to live and work in the city’s core.
Ready to own or invest in Hurghada? Explore premium properties with AKA Group.