The Top 10 Reasons to Buy a Property in Hurghada
Hurghada is one of Egypt’s most popular tourist destinations, attracting millions of visitors every year with its stunning beaches, vibrant nightlife, and diverse attractions.
But did you know that it is also a great place to invest in real estate? it has something for everyone, whether you are looking for a holiday home, a second residence, or a profitable business opportunity. Here are the top 10 reasons why you should buy a property in Hurghada today:
1 – Location: it is located on the Red Sea coast, about 200 km south of Cairo and 100 km north of Sharm el-Sheikh. It is easily accessible by road, air, and sea.
You can reach it by car in about 4 hours from Cairo or Sharm el-Sheikh, by plane in about an hour from Cairo International Airport or Sharm el-Sheikh International Airport, or by ferry in about 3 hours from Port Said or Suez Canal.
Apartment for sale at Hurghada
2- Climate: it has a hot desert climate with mild winters and warm summers. The average temperature ranges from 18°C in January to 32°C in July. The sea temperature is also pleasant throughout the year, averaging around 26°C. Hurghada enjoys more than 300 days of sunshine annually, making it an ideal destination for sun-seekers and water lovers.
3- Beaches: it boasts some of the most beautiful and diverse beaches in Egypt and the world. You can find sandy beaches with clear blue water, rocky beaches with turquoise water, coral reefs with colorful fish and marine life, and even islands with palm trees and white sand.
Some of the most famous beaches include Banana Island, Shark’s Bay Beach, Coral Bay Beach, El Gouna Beach Resort, and Al Qaisi Island.
Studio for sale at Hurghada
4- Nightlife: it is known for its lively and diverse nightlife scene. You can enjoy live music venues, bars, clubs, pubs, casinos, shows, festivals, and parties every night of the week. Whether looking for a romantic dinner at a beachfront restaurant or a wild night out at a nightclub with DJs and dancers worldwide, you will find it all in Hurghada.
5- Attractions: Hurghada offers something for everyone regarding attractions. You can explore the ancient ruins of El Kabir Temple Complex, visit the Egyptian Museum, shop at the Souq Al-Matari Market, learn about marine life at Dolphin Bay Aquarium, experience adventure sports like diving, snorkeling, sailing, parasailing, jet skiing, windsurfing, kite surfing, camel riding, and more .
Villa for sale at Hurghada
6- Culture: Hurghada is a melting pot of cultures where you can experience the rich and diverse heritage of Egypt and the Middle East. You can learn about the history and traditions of the local Bedouin people, enjoy the authentic cuisine and hospitality of the Egyptian people, and mingle with the international community of expats and tourists worldwide.
7- Prices: Hurghada offers some of the most affordable and attractive real estate prices in Egypt and the region. You can find a wide range of properties, from studios and apartments to villas and resorts, with prices starting from as low as USD 20,000. You can also benefit from the low cost of living, as the average monthly expenses for a family of four in Hurghada are around USD 800
8- Returns: Hurghada offers some of the highest and most stable returns on investment in real estate in Egypt and the region. You can expect an average annual rental yield of 10-15 % and a steady appreciation of your property value over time. You can also take advantage of the high demand for short-term and long-term rentals, as Hurghada attracts tourists and expats all year round .
9- Security: Hurghada is one of the safest and most secure cities in Egypt and the region. You can enjoy a peaceful and comfortable lifestyle, as Hurghada has a low crime rate, a friendly and helpful police force, and a well-developed infrastructure and public services.
You can also rest assured that the law protects your property, as Egypt has a clear and transparent legal system for real estate transactions and ownership .
10- Future: Hurghada is a city with a bright and promising future. You can witness the rapid development and growth of Hurghada as the government and the private sector are investing heavily in improving the quality and diversity of the city’s facilities and attractions.
You can also be part of the exciting and dynamic community of Hurghada, as the city offers endless opportunities for business, education, entertainment, and socializing .
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