buying an apartment in Hurghada for Germans: a guide to safe real estate investment in Egypt
buying an apartment in Hurghada for Germans: a guide to safe real estate investment in Egypt
hurghada is one of the most attractive coastal destinations in Egypt, not only for tourism, but also for real estate investment, especially for foreigners from Germany and European countries. if you are thinking of buying an apartment in Hurghadaor looking for Ferienwohnung Hurghada, this guide is tailor-made for you.
why do Germans prefer to buy apartments in Hurghada?
- 🌞 Sunny climate all year round
- 🌊 Beautiful beaches and clear sea water
- 💰 Low real estate prices compared to Europe
- 📈 Profitable investment opportunities and permanent tourist rentals
- 🛬 Easy access from Germany with direct flights
are foreigners allowed to buy real estate in Egypt?
yes, Egyptian law allows foreigners to buy apartments and real estate, provided they obtain simple government approvals, especially if the property is within a residential compound or within tourist areas such as Hurghada or Sahl Hasheesh.
legal steps to buy an apartment in Hurghada
- locating the right property (e.g. German resorts such as Deutsche Wohnanlage Hurghada).
- sign a preliminary contract with the real estate developer or seller.
- verify the ownership of the property and make sure there are no legal disputes.
- register the contract with the Real Estate Registry.
- transfer money through official channels (banks or authorized exchange offices).
comparison of apartment types in Hurghada
| type | area | approximate Price (€) | suitable for |
|---|---|---|---|
| studio | 40 – 50 m² | 25,000 – 35,000 | individuals or couples |
| one Bedroom Apartment | 60 – 80 m² | 40,000 – 60,000 | permanent residence or short vacation |
| two-room apartment | 80 – 120 m² | 60,000 – 90,000 | small family or rental investment |
best areas to buy apartments in Hurghada
- tourist promenade: close to the sea and European restaurants.
- makadi and Sahl Hasheesh: upscale complexes suitable for retirement.
- al Kawthar: a popular area among Germans and a quiet area for permanent housing.
can Germans stay in Egypt long term after buying an apartment?
yes, after buying a property you can apply for a long stay in Egypt, either as a permanent resident or as a retiree (Leben in Ägypten als Rentner).
important tips before buying an apartment in Hurghada
- hire a local lawyer who speaks German or English.
- take a tour of the property and check the quality of construction.
- make sure there is a clear and translated contract.
- ask about maintenance costs and monthly fees.
tourism Investment and Leasing
you can rent out your apartment to German or European tourists at good daily rates. using sites like Booking or Airbnb is popular in Hurghada, making the investment feasible and profitable.
frequently Asked Questions (FAQ)
- do I need a special permit to buy an apartment in Hurghada ?
- no, you can buy as a foreign national, but the contract must be registered in the Real Estate Registry.
- can I transfer money from Germany to buy the property?
- yes, the money can be transferred through banks or licensed exchange offices, and it is preferable to show the purchase documents.
- can I get residency after the purchase?
- absolutely, you can apply for residency for a year or more as a property owner.
- do the apartments come furnished?
- some developers offer furnished packages, some leave the choice up to you. it can be negotiated depending on the offer.
- can I resell the apartment later?
- yes, you can resell the apartment at any time, and the market is in good demand especially from Europeans.
conclusion
if you are looking for a place that combines convenience, investment, and ease of living, buying an apartment in Hurghada is an ideal choice for you as a German citizen. whether you are looking for a Ferienwohnung for recreation or want to live as a permanent resident, Hurghada welcomes you.
