Hurghada Apartment Projects: Your Gateway to Red Sea Urban Living – Hurghada’s apartment projects offer a blend of affordability, modern design, and high rental yields, making them ideal for investors, expats, and vacation homeowners. From beachfront studios to luxury penthouses, these developments cater to diverse budgets and lifestyles. Discover the latest Hurghada apartment projects, price trends, and strategies to capitalize on Egypt’s thriving coastal market.
📈 Why Invest in Hurghada Apartment Projects?
Apartments in Hurghada are a smart choice due to:
- 💰 High Rental Yields: Tourist demand ensures 8–12% annual returns, peaking at $150/night for beachfront units.
- 🏙️ Urban Convenience: Proximity to malls, marinas, and entertainment hubs like Senzo Mall.
- 🌍 Global Appeal: Attracts European, Arab, and Russian buyers seeking second homes.
- 🏗️ Developer Incentives: Discounted pre-construction prices and flexible payment plans.
🏠 Types of Hurghada Apartment Projects
- 🌊 Beachfront Apartments: Studios to 3-bedrooms ($80,000–$400,000) with sea views.
- 🏙️ Downtown Units: Affordable options near markets and transport ($50,000–$150,000).
- 🏨 Resort-Style Condos: Managed units with pools and gyms ($120,000–$600,000).
- 🏡 Luxury Penthouses: Rooftop terraces, private elevators ($500,000–$1.5M).
💰 2024 Price Overview for Hurghada Apartments
| Apartment Type | Price Range (USD) | Size (m²) | Key Features |
|---|---|---|---|
| Studio | $50,000–$90,000 | 40–60 | Fully furnished, shared pool |
| 2-Bedroom | $120,000–$250,000 | 80–120 | Balcony, sea views |
| 3-Bed Penthouse | $400,000–$800,000 | 150–300 | Private terrace, smart-home tech |
📍 Prime Locations for Apartment Projects
🌐 Sahl Hasheesh: Coastal Luxury
Beachfront apartments start at $150,000, with 10% annual ROI due to proximity to 5-star resorts.
🌐 El Gouna: Lakeside Living
Modern units near golf courses and marinas ($100,000–$300,000).
🌐 Downtown Hurghada: Urban Convenience
Budget-friendly options near Senzo Mall and the marina ($50,000–$150,000).
🏗️ Top Developers in Hurghada Apartment Projects
- 🏆 Red Sea Developments: Known for Coral Marina Apartments and Sahara Residences.
- 🏆 Orascom Development: Builder of El Gouna’s upscale communities.
- 🏆 Talaat Moustafa Group: Delivers mixed-use projects like Al Rehab Downtown.
📅 Payment Plans & Financing Options
- 🔑 Low Down Payments: 10% upfront, with installments over 5–7 years.
- 🏦 Bank Mortgages: CIB and QNB offer loans at 8–10% interest for non-residents.
- 💳 Currency Flexibility: USD or EUR pricing to avoid EGP volatility.
⚠️ Key Considerations for Buyers
- 📉 Oversupply Risks: Research occupancy rates in areas like Downtown.
- 📜 Legal Checks: Verify developer licenses with NUCA (New Urban Communities Authority).
- 🏢 Maintenance Fees: Annual costs range from $500–$3,000 for shared amenities.
🤝 Horizon Real Estate: Your Apartment Investment Partner
We simplify your purchase of Hurghada apartment projects with:
- 🔍 Tailored Searches: Match units to your budget and goals.
- 📑 Legal Support: Title deed verification and contract reviews.
- 📊 Market Reports: ROI forecasts based on tourism and rental trends.
📞 Contact Us Today!
- 📞 Call: 01004545121
- 📧 Email: info@thehorizonrealestate.com
- 📍 Visit: Marina Boulevard, Sahl Hasheesh, Hurghada
❓ FAQ: Hurghada Apartment Projects
Can foreigners buy apartments in Hurghada?
Yes! Foreigners can own freehold apartments in designated zones like Sahl Hasheesh and El Gouna.
Which areas offer the best rental income?
Beachfront units in Sahl Hasheesh yield 10–12% annually due to tourist demand.
Are utilities included in maintenance fees?
Typically, fees cover shared amenities only. Utilities are billed separately.
