Real Estate In Hurghada Egypt #2024 /Sea View Apartment in Hurghada Egypt

Real Estate Offers In Hurghada Egypt #2024

Real estate in Egypt, especially in Hurghada, is recognized as one of the most promising and attractive for family holidays and investment in foreign real estate. Analysts of the foreign real estate market believe that real estate In Egypt is a worthy alternative to European seaside resorts.
The simplified purchase procedure and relatively low cost of real estate in Egypt stimulate demand from foreigners. Statistics show that half of residential new buildings in the resort cities of Egypt are purchased by foreign citizens.

Why in EGYPT?
And why real estate, and not the usual vacation in a hotel?

First, Egypt is the land of eternal summer.
Secondly, electricity and water in Egypt are quite cheap, and prices for food and household goods are lower than in the world's resorts. All this makes Egypt attractive not only for investment, but also for living.
Third, almost all developers sell real estate by installments.

The Egyptian government positions the purchase of real estate in the Republic as an investment in the country's economy, and the legislative mechanism for buying and selling real estate in Egypt is well established. Protection of the rights of buyers and owners of real estate in Egypt, especially foreign citizens, is implemented at a high level.

With just one document - a foreign passport-you can buy real estate in Egypt: a Studio, an apartment, a Villa, a house, a land plot (for production, agriculture or housing construction), a store, a hotel, or open a company and organize a business.

Guarantees of the rights to use, lease, transfer by inheritance and sale are stipulated by law.

In addition to the obvious economic benefits, there are also environmental benefits. Egypt is famous for its dry climate, warm and clean Red sea. There are no large industrial enterprises on the territory of this unique country. All this contributes to the improvement of people's health.

********************************************************************************************************************************************************************************************************** Real Estate In Hurghada Egypt #2024

Real estate in Hurghada Egypt Whether you are intending to buy property for vacation or for investment purposes, Egypt presents numerous reasons why it should be your destination of choice. Below are a few of the characteristics of Egypt that make it an ideal choice for real estate investment.

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• Sunshine all year-round with mild climate, makes Egypt quite literally a 365 day holiday destination.

• Massive coastlines on both the Mediterranean and Red Sea offer sandy beaches and clear blue waters.

• Catering to travellers with various interests, Egypt overwhelms you with unmatched experiences from historical wonders, exciting water sports, and safaris in the untamed deserts all the way to hip nightlife partying and sheer relaxation by basking on the beach or sailing down the river Nile.

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• A vast wealth of heritage and culture. Egypt, the land of the Pyramids, is the birthplace of the world’s first recorded civilization. By the river Nile, almost every other civilization has left its mark.

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• Despite the recent increase in property prices in Egypt, they are still extremely attractive, yielding substantial annual capital appreciation.

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• High rental returns and good value for money on your property. • Egypt appears to be a safe-haven from the international turmoil in the property market, thanks to restricted mortgage and lending practices. However, prices started stabilizing as the price increase curve drops, even though demand continues to exceed supply.

• Low cost of living and investing in Real estate in Hurghada Egypt

• Government policies aiming to attract foreign investment by streamlining and easing property purchase for overseas buyers.

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• Favourable property taxation schemes.

• Perfect geographical location with easy air access, and short flight times.