Distance is a factor.

Starting in the mid-2000s, Brits began looking for holidays elsewhere that might offer them better value for money with guaranteed sunshine, but were not considered long-distance.

Hurghada is known as mid-haul within the airline industry and is only about a six hour flight from the UK and most of southern Europe.

The shorter flight time compared to some long-haul destinations is a big factor why many Europeans choose to come here, with an airport very close to all the main districts of Hurghada, which means a short transfer time between the airport and hotels and residences. Another great reason to consider buying a property in Hurghada.

air-conditioned

The weather is another reason why people choose to buy property in Hurghada with year-round sunny weather and temperatures that, even in winter, rarely go below 15°C (at night), seems like a natural choice for both for tourists as well as long-term residents.

Even in the hottest month of July, when temperatures can reach 45-50 degrees, the breeze from the beautiful Red Sea is a welcome factor.

To do

The choice of activities is plentiful in Hurghada, as it caters for tourists of all tastes. Along with tourists, it attracts long-term visitors, which helps the property market to sell more property in Hurghada.

If you are more interested in sun, sea and relaxation and want to spend time on one of the many soft white sand beaches, or adventures such as scuba diving or snorkelling in the wonderful coral reefs of the Red Sea, adventures in the desert like camel safaris, quad biking and sand surfing.

The options are endless. All the more reasons to be here and consider buying that fabulous property in Hurghada.

Along with this are several main areas such as Sakala’s Sheraton Road district and the charming Promenade in Mamsha where there are limitless shops, restaurants, cafes, nightlife and more.

There is also a central port and marina where many tourists and locals spend their time walking, relaxing and meeting for dinner or coffee at the many outlets offering a wide range of cuisines at very affordable prices. Therefore, wherever you choose to buy your property in Hurghada, you will be very close to the main attractions.

post-revolution

Since the fall of President Hosni Mubarak in 2011 and the continuing volatile situation that resulted in the ouster of President Mohamed Morsi, it is fair to say that many foreigners have been reluctant to travel to Hurghada and several European countries have canceled flights.

However, the riots have spared the Red Sea resorts and flights to and from Europe have resumed as normal. British and Europeans continue to buy property in Hurghada.

The current (March 2014) situation in Egypt is much more resolved with new elections pending and Egyptians very focused on improving their country and economy. The Government continually seeks to improve the purchase of foreign investment in the purchase of property in Hurghada.

real estate

Since the crash of the Spanish property market in the 1990s, many Brits have been looking elsewhere to invest their money abroad.

The Spanish situation was problematic because unscrupulous landowners and councils were not sincere or honest about land rights and purchase laws and regulations. Therefore, many Britons lost property and invested money due to reclaimed land.

Elsewhere in Europe, other countries have also increased property purchase prices due to the introduction of the euro, while in comparison, property prices in Hurghada are extremely competitive.

In Hurghada (and throughout Egypt), the currency is still the local currency, known as the Egyptian pound. It is a fact that countries that still operate within their own currencies are better value for money, both in holiday spending and property purchases.

How easy is it to buy a property in Hurghada?

The good news is that the procedures here regarding buying property in Hurghada are very simple. The government is encouraging many foreigners to invest here, so it’s in their best interest to keep it simple, fast, and honest.

It is essential to appoint a good Egyptian lawyer to handle all the details from the Egyptian side, as a British (European) lawyer cannot do all the paperwork from abroad.

Land rights here are much more defined and secure, with freehold rights granted to the buyer upon full payment for the property in Hurghada.

Buyers are often required to pay a deposit on a purchase, which when you consider the very reasonable prices of property in Hurghada, is minimal.

Your broker or landlord will give you all the information on paper about the payment plan. Cash payments are the norm here, however this is to your benefit as it usually means a price discount.

This is all good news when you consider all the major property purchases in Hurghada.

What types of properties in Hurghada are available?

Depending on the buyer’s requirements, there is usually something for everyone when buying property in Hurghada.

The British tend to have different tastes and needs when buying a property in Hurghada, which can depend on several factors:

• Age

• Couples or families

• Budget

• To lease

• Type of residence

• Time of the year

• Purpose of purchase

Regarding age, there are many retirees who choose to buy a property in Hurghada, using their retirement funds and tend to live here for long-term retirement.

Often couples buy a property in Hurghada with the idea of ​​having it as a holiday home where they can come and go throughout the year and often invite family and friends to use it when they are not there.

Another big draw for buyers when buying property in Hurghada is the “buy to let” system where they can keep a good income by renting out their properties.

Budget is another important factor when buying a property in Hurghada.

However, with such good value for money in property prices, even on a smaller budget it is affordable. It is possible to buy a 2 bed property here in Hurghada, for a third of what you would pay in the UK!

Location is another deciding factor while buying a property in Hurghada based on the buyer’s requirements. For example, a retired couple may want to buy in a quieter district but still close to all amenities and attractions.

A younger couple or family may choose to live in a livelier district with all attractions and services within walking distance.

As Hurghada is a year-round destination, people often buy property in Hurghada to stay here for the long term, while others choose to stay over the summer and perhaps rent out their property during the winter season, which still has potential and another logical reason to buy. property in Hurghada.

Many Brits come here for a stay of several months before returning home.

The best option is to consider buying a property in Hurghada as it is more practical in the long run than renting and getting no return on your money.

Brits in general like to be around other Brits when they are abroad.

So it is good to know that Hurghada has a large expat community who have bought property in Hurghada and created their own community which includes shopping sets, magazines, British cuisine etc.

When choosing property in Hurghada as a purchase, there are many options.

The following is a brief summary of what is available through Real Estate here in Hurghada:

• Studio Apartments: Usually furnished, but available unfurnished. These may be in an apartment block or in private complexes and compounds. Some are unfinished and off-plan residence.

• Apartments from 1 to 4 rooms. Same options as studio apartments with also British compounds available.

• Villas: it can be a complete villa option, half villa consisting of 1 floor, either ground floor or first, or even apartments available in villas, furnished or unfurnished. Also having pool facilities either shared or own.

• Beach and/or city residences, apartments and villas

Getting around Hurghada

While there are many districts in Hurghada, the proximity between areas and attractions is small, so most areas can be reached on foot or short distances by car.

This is another added advantage when buying a property in Hurghada.

As there is a large foreign contingency living in Hurghada, there are many brands catering to both Europeans and Brits. Therefore, local supermarkets usually have products for every taste.

The Senzo shopping center has a large supermarket which can be reached by bus and also has many facilities for retail and food stores.

The main areas of Hurghada populated by British residents are El Kawther, Mamsha, Intercontinental, Mubarak 6 and Mubarak7.

These districts are home to various British compounds and compounds, along with private villas.

English is the second language here in Egypt and as Hurghada is a tourist hub it is normal when speaking with local Egyptians so it is another reason why British visitors return and buy property in Hurghada.