Hurghada Seller’s Guide: Your Roadmap to a Successful Sale – Selling property in Hurghada is a lucrative opportunity, thanks to the city’s booming real estate market and thriving tourism industry. This Hurghada seller’s guide provides step-by-step advice on pricing, marketing, and legal processes to help you maximize your returns. Whether you’re selling a beachfront villa or a downtown apartment, this guide ensures a smooth and profitable transaction.
🏖️ Why Sell Property in Hurghada Now?
- 💰 High Demand: 5M+ tourists in 2023 drive rental and resale interest
- 📈 Price Growth: 6.7% annual appreciation (Egypt’s highest)
- 🏗️ Infrastructure Boom: $2.1B invested in coastal projects
- 🌍 Foreign Buyers: 65% of luxury villas sold to EU/Russian investors
📊 2024 Hurghada Property Selling Trends
| Property Type | Avg Price/m² | Time to Sell | ROI (5 yrs) |
|---|---|---|---|
| 1-Bed Apartment | $1,300–$1,800 | 3–6 months | 25–30% |
| 3-Bed Villa | $1,100–$1,500 | 6–12 months | 20–25% |
| Commercial Space | $1,800–$2,500 | 4–8 months | 15–20% |
Source: Hurghada Real Estate Regulatory Authority (HRERA) Q2 2024 Report
📍 Top Locations for Selling Property in Hurghada
🌐 Sahl Hasheesh: Luxury Resales
Beachfront villas sell for $500K–$2M, with 10% average ROI.
🌐 El Gouna: Lakeside Appeal
Modern apartments and villas near golf courses ($150K–$600K).
🌐 Downtown Hurghada: Urban Hotspots
Affordable options near Senzo Mall and the marina ($80K–$200K).
📝 Steps to Selling Property in Hurghada
1. Prepare Your Property
Enhance curb appeal, fix minor repairs, and stage for viewings.
2. Set the Right Price
Use HRERA data and comparable sales to determine market value.
3. Market Effectively
List on platforms like Property Finder and work with trusted agents.
4. Negotiate Offers
Evaluate buyer credibility and negotiate terms to maximize returns.
5. Complete Legal Steps
Transfer ownership at the Hurghada Notary Office and pay 3% registration fees.
🏗️ Trusted Agents for Selling Property in Hurghada
- 🏆 Horizon Real Estate: Expert marketing and legal support
- 🏆 Red Sea Developments: Specializes in luxury resales
- 🏆 Orascom Development: Focuses on El Gouna properties
📅 Pricing Strategies for Sellers
- 🔑 Competitive Pricing: Align with recent sales in your area
- 🏦 Flexible Terms: Offer installments to attract buyers
- 💳 Currency Options: Accept USD or EUR to appeal to foreigners
⚠️ Key Considerations for Sellers
- 📉 Market Timing: Sell during peak tourism seasons (Oct–Apr)
- 📜 Legal Compliance: Ensure all permits and taxes are up to date
- 🏢 Agent Fees: Budget 2–5% for professional services
🤝 Horizon Real Estate: Your Selling Partner
We simplify the process with:
- 🔍 Market Analysis: Accurate pricing based on HRERA data
- 📑 Legal Support: Title deed verification and contract reviews
- 📊 Marketing Expertise: High-quality listings and targeted campaigns
📞 Start Your Selling Journey Today!
- 📞 Call: 01004545121
- 📧 Email: info@thehorizonrealestate.com
- 📍 Visit: Marina Boulevard, Sahl Hasheesh, Hurghada
❓ FAQ: Selling Property in Hurghada
How long does it take to sell property in Hurghada?
3–12 months, depending on location and pricing.
What are the legal fees for selling property?
3% registration fees, plus 2–5% agent commissions.
Can foreigners sell property in Hurghada?
Yes, in designated freehold zones like Sahl Hasheesh and El Gouna.
