Why do foreigners choose Egypt for living and vacationing?

The growth of independent tourism in Egypt

Recently, there has been a significant increase in the number of tourists in Egypt who prefer individual trips over traditional organized tours. The resorts on the Red Sea are particularly thriving, attracting both locals and foreigners looking to become expats.

These people prefer to rent or even purchase housing, staying for a much longer period compared to the usual two weeks of vacation. Instead of dining at hotel restaurants, they more often choose to shop at local markets.

Cost of living in Egypt

The cost of living in a country can vary depending on the region. For example, in large cities like Cairo, as well as in popular resorts like Hurghada and Sharm El Sheikh, prices can be quite high.

In historical places like Alexandria or Luxor, the price level is noticeably lower. In less well-known regions, you can find goods and services at very low prices, especially compared to larger cities.

Life in Hurghada and Sharm el Sheikh

To take a closer look at the financial aspects, let's focus on life in Hurghada and Sharm El Sheikh, as these places are often the choice for Russian-speaking expats.

Real estate purchasing system

As for housing prices, in Hurghada, you can purchase an apartment with full ownership, while on the Sinai Peninsula, including resorts like Dahab and Sharm El Sheikh, foreigners can arrange a long-term lease for up to 99 years.

It should be noted that the legal system regarding real estate in the country is based on British principles. Long-term leaseholders have the right to dispose of their property in the same way as owners:

• to sell
• to give as a gift
• to rent out my apartments

Housing prices

As for housing prices, in the resort areas of Egypt, the cost starts from 8,000 to 10,000 dollars. With this amount, you can find a small one-room apartment in Hurghada, approximately 25 square meters in size.

However, there are not so many such offers, and on average the cost of a standard studio or one-room apartment is from 20 to 25 thousand dollars and more. This means that the price per square meter is close to $700.

Comparison of prices in Hurghada and Sharm El Sheikh

In Sharm El Sheikh, housing prices are 20-30% higher than in Hurghada. For example, in Hurghada, you can buy an apartment with an area of 35 square meters for 20,230 euros.

This modern housing has an online viewing option, which simplifies the purchasing process, especially if the payment is made in rubles. You can also find a luxurious studio on the coast in the Casablanca complex, which offers:

• private beach with sun loungers
• easy access to the sea
• pools
• 24-hour security service

Moreover, there is an option for short-term installment plans. This elite residential complex is located just five minutes from the historic center of the city and is the perfect place to live. However, all the apartments offered by the developer have already been sold and occupied, leaving only a few options of varying sizes available.

Villa in Hurghada

In Hurghada, Egypt, there is a magnificent villa priced at €150,000, with a total area of 280 square meters. This property is located in the prestigious Mubarak 6 area and includes a land plot of 300 square meters. The well-maintained garden covers 280 square meters, while the house itself has an area of 120 square meters.

The first floor of this villa has 120 square meters and includes:

• two cozy bedrooms,
• a modern open kitchen with a dining area and a pantry,
• the bathroom.

On the second floor, which occupies 95 square meters, there are:

• two more bedrooms,
• bathroom
• master bedroom with a separate bathroom and access to the balcony.

On the roof, which also covers 95 square meters, there is a room with necessary amenities and 30 square meters of open space for relaxation.

Apartment in the El Ahiya area

Additionally, in Hurghada, you can purchase an apartment priced at €15,173, covering 82 square meters. This more compact housing option has one bathroom and is perfect for comfortable living after some minor renovations. It is located in the El Ahyaa area. This is a wonderful opportunity for those seeking a cozy lifestyle.

Three-room apartment with a panoramic view

In addition, it is worth noting the three-bedroom apartments priced at €218,600, which have an area of 131 square meters. These apartments offer a magnificent panoramic view of the sea and the picturesque islands of the Red Sea. After purchase, there is an opportunity to obtain a residence permit (RP).

The purchasing process can be completed through an online viewing; remote document processing is also available. Payment can be made in rubles, and a mortgage option is offered. Payments can be made in installments over a period of up to three years with a 30% down payment.

The apartments are ready for occupancy immediately after signing the contract, making them ideal for both living and investment purposes. A private beach is located in close proximity.

Studio from Noa Real Estate

The company Noa Real Estate offers a studio in Hurghada for the price of €91,300, with an area of 60 square meters. There is also the possibility of obtaining a residence permit when purchasing this property.

A payment plan from the developer is available for up to three years with a 30% down payment. This apartment, featuring a wonderful direct sea view, is located on the fifth floor and is ready for occupancy immediately after the contract is signed, making it an excellent choice for investment or personal use.

Residents have access to:

• three swimming pools,
• beach restaurant,
• bar.

Villa in the La Quinta Heights project

Another attractive option is a villa priced at €203,000, with a total area of 276 square meters, offering expanded possibilities in the La Quinta Heights project. This exclusive project includes fully finished villas surrounded by greenery, ensuring a high level of service for a comfortable and safe family life.

New complex Balkan Beach Resort

Don't miss the opportunity to explore the new Balkan Beach Resort complex, located in Al-Ahyaa, Hurghada, which offers modern and spacious apartments of 62 square meters for the price of €66,697. These two-bedroom apartments provide the option for residency permits upon purchase, and online viewings and remote transactions are available with payment in rubles and financing options.

The complex includes:

• private access to the beach,
• pool,
• cafe and restaurant.

This makes it an attractive offer for those looking for comfortable housing in Hurghada, close to essential amenities.

Real estate in Egypt from Noa offers a wide range of interesting options.

Three-room apartment in Hurghada

One of them is a three-room apartment in Hurghada, which is priced at87,875 eurosThe area of this apartment is95 m²It is located in the Al-Hadaba area, just a few steps from the shores of the Red Sea. Construction is expected to be completed in two years, and keys may be available in just 18 months.

Terms for purchase include a convenient installment plan of up to three years, where:

• the initial payment is35%,
• The remaining amount is divided into equal payments over the specified period.

It should also be taken into account that when receiving the keys it is additionally necessary to make an additional deposit10%of the cost.

Apartment in the tourist area of Arabia

Another enticing option is a cozy three-room apartment for92,000 euros. Its area is equal to104 m²and it is located in the central tourist area of Arabia, justin 15 minutesfrom the international airport.

The proximity to the main shopping centers of Hurghada is only5 minutes. This neighborhood is renowned for its developed infrastructural facilities:

• a variety of stores,
• pharmacies,
• vegetable shops,
• hospital and beach.

In the residential complex are availablethree swimming pools,spaandbar by the waterthat creates the perfect conditions for relaxation.

Studio apartment in Arabiya

Also, in Hurghada, a studio apartment is offered for33,000 euros, with an area of42 m²located in the very center of the Arabia district. A notable feature is its proximity to the beach, which can be reached simply by crossing the road.

The studio is fully furnished and ready for occupancy, with a warm and comfortable interior. The complex includes:

• three swimming pools,
• 24/7 security service provided.
• well-maintained green areas with regular cleaning of the territory.

Studio in Tiba Golden Resort

Here it is worth highlighting a studio with an area of72 m²inTiba Golden Resort, the cost of which is53,000 euros. This residential complex is located in the central part of Hurghada, just a .in 10 minutesfrom the airport and to5 minutesfrom the private beach and the City Centre shopping mall.

About60%The entire area of the complex is occupied by green space, which creates a comfortable and pleasant atmosphere for living.

Studio in Florencia Hamsin

There is also a modern studio for sale.38,621 euroson the fifth floor of the apartment complexFlorencia HamsinThe windows offer a view of a quiet street, and there is also a balcony. If desired, it is possible to purchase furniture and appliances, including:

• air conditioner,
• refrigerator,
• the stove,
• washing machine,
• a television and a microwave oven.

The total area of the studio is46 square metersand a fee for maintenance services is provided.

Cozy studio in El Ahya

In conclusion, I would like to mention the offer of a cozy studio with an area of28 m², at the price17,012 eurosThe apartment is in excellent condition and is located aton the second floormini-complex with a pool in the El-Ahya area.

The interior space includes:

• living room with kitchen,
• private balcony overlooking the street,
• a bathroom with a shower cabin.

This is the optimal choice for those looking for stylish and comfortable housing without the need for expensive renovations.

Real estate in Hurghada: a variety of options

Apartments in Hurghada, Egypt, represent a diverse selection with different price ranges. A good example is the offer from Noa Real Estateagency - an apartment for41,840 €area65 square meterswhich includes one bedroom, a studio kitchen, and a bathroom. It is located on the second floor of a three-story building built inin 2009In the El-Halal area. The windows offer a side view of the sea, which adds a special charm to the property.

The complex also offers many amenities, including 24-hour security and proximity to public beaches. There are a variety of cafes and restaurants around the area, making this property interesting for both personal residence and rentals.

Alternative housing options

Another option is a studio that costs45,812 €, with an area of39 m²with one bedroom. It is available for online viewing and is part of a project called"History of the Sea"which stands out with its stylish design and comfort, offering a unique living atmosphere by the Red Sea. This is a great investment opportunity for those looking for affordable yet elegant housing. The studio is designed with a focus on convenience and quality of life.

Expensive offers on the market

Among the more expensive offers, there is an apartment for130,000 €from the company Go Shalabi. This is a spacious residence with an area of152 m²includes4 bedroomsand2 bathroomsThe property can also be viewed remotely. It is located in a new residential complex in Hurghada, in the Mubarak 6 area, and offers magnificent views of the surroundings from the balcony and windows.

Interesting offers from Go Shalabi

• Another interesting offer from Go Shalabi is an apartment for28,570 €The area of this housing is76 m²here are placed1 bedroomand1 bathroomThis object is located in3 Pyramids Resortwhich provides easy access to a variety of shops and restaurants.
• An apartment, the price of which is13,163 €available with the option to obtain a residence permit upon purchase.

Sunny residence in Hurghada

The Sunny Residence in Hurghada offers unique apartments priced at 358,000 euros. The spacious area of 118 square meters includes two rooms, one of which is perfect for use as a bedroom.

With the purchase of this property there is the possibility of obtaining a residence permit. This luxury residential area is located on the coast with its own beach, which makes this offer truly exceptional. The Majra Resort complex, located in the El Aheya area, provides a high level of service.

Apartment prices

The available apartments have the following characteristics:

• 118 square meters for the price of 12,095,000 rubles;
• 123 square meters for 12,607,500 rubles.

A significant advantage of these apartments is their convenient location by the picturesque Red Sea.

Long-term lease

If you are considering options for long-term rental, it is worth paying attention to the following price categories:

• One-room apartment in the center of Hurghada: from $150 to $200 per month;
• On the outskirts of the city: about $100.
• Two-bedroom options in the center: $250;
• Three-bedroom apartments in similar areas: $300-400.

Prices on the outskirts are usually 50% lower.

Description of apartments

In Egypt, one-bedroom apartments are defined as those that include one bedroom and one living room. Two-bedroom apartments have two bedrooms and a common area. Long-term rentals of hotels or apartments are often not cost-effective, as the cost of staying in a hotel for two weeks can be equivalent to the price of a month's rent for an apartment.

Visiting tourists are advised to consider long-term rentals for a period of six to twelve months, as in this case, the price can significantly decrease, sometimes even by half.

Utility payments

As for utility payments, the main expenses are formed from the rates for electricity and water. Depending on the time of year, these costs can vary from $10 to $25.

According to information from the Numbeo website, the average living conditions in an 80 square meter apartment will cost about $25. If the apartment is equipped with a gas stove, add about $5 for a gas cylinder, which usually lasts for one to two months.

Electricity and water

In Egypt, the calculation of electricity expenses is done on a progressive scale: the more you consume, the higher the cost. In some apartments, delivered water is used instead of centralized water supply, but connecting to the city network is more cost-effective.

The cost of water ranges from $0.30 to $1.55 per cubic meter, while for delivered water, you will have to pay about $1.86 for the same volume.

Service fee

Don't forget about the payments for the maintenance of the residential fund. Usually, this amount is around $10 per month and includes:

• concierge services;
• garbage disposal
• lighting of common areas;
• elevator maintenance.

In more expensive residential complexes, this amount can significantly increase and include additional services such as cleaning the surrounding area, plant care, and pool maintenance.

The financial burden on residents of residential complexes can exceed 400 dollars a year. It is important to consider that living permanently in another country does not imply constant dining in restaurants. Generally, people tend to choose grocery shopping at supermarkets or markets, with the latter becoming increasingly popular, especially in Egypt. Below are average prices for various products in these places.

List of products with their prices

• milk, 1 liter — 0.90 dollars
• Rice, 1 kilogram — $0.71
• Eggs, 12 pieces — $1.14
• Chicken fillet, 1 kilogram — $4.51
• Beef, 1 kilogram — 8.92 dollars
• Apples, 1 kilogram — $1.46
• Oranges, 1 kilogram — $0.41
• Tomatoes, 1 kilogram — $0.41
• bread, 1 loaf — 0.59 dollars
• Potatoes, 1 kilogram — $0.45
• wine, 1 bottle — $9.29
• water, 1.5 liters — $0.31
• Beer, 0.5 liters — from $1.48 to $2.16.

According to local residents' reviews, prices for goods can change several times a week even in the same market. These price fluctuations are often related to changes in the exchange rate as well as the sellers' desire to attract customers in a highly competitive environment.Egyptians are eager to negotiate prices.because it is part of their cultural traditions and everyday life. If you don't like bargaining or don't know how to do it, you'll have to learn.Don't feel sorry for the sellers....who may "complain" that their products are being sold "at a very low price." Keep in mind that even if you managed to lower the price, it already includes a certain markup.

Product range

The range of products in supermarkets and markets varies. Supermarkets offer European and less common products, while markets provide "local" goods. In Sharm El Sheikh, there is a chain of Carrefour stores, in Hurghada - Spinneys, and in Dahab - Chief. In larger cities like Cairo and Alexandria, there are significantly more supermarkets.

In addition to a wide selection, supermarkets also offer promotional discounts and special deals, making the purchase of goods more cost-effective. For example:

• A pack of chicken nuggets at a major chain can be purchased for 2 dollars instead of 4.
• Butter can be bought for $4.50 instead of $6.
• A kilogram of beef costs about 6 dollars, while chicken costs 3 dollars.

However,It's often wiser to buy fruits, vegetables, and spices at local markets..

Public catering

As for dining options, a meal at an inexpensive café in Egypt will cost you about $3.50 per person. If you plan to have dinner at a mid-range restaurant, a full dinner for two will set you back around $19 for three courses. A light snack at a fast food place usually costs about $5. Approximate food prices:

• A serving of soup costs about 2 dollars.
• Exotic dish with fried squid - 3 dollars
• A serving of pasta or pizza costs $3.50.
• A fresh salad will cost just over 2 dollars.
• The dessert will cost an average of $2.50.

Prices for drinks in Egypt

The prices for imported beer in Egyptian bars range from 2 to 3 dollars for a 0.33-liter bottle, while a half-liter serving of local draft beer costs only 2 dollars.

For a cup of coffee made at a café, you'll have to pay about $1.70, while a soda costs around $0.35, and plain drinking water is even cheaper, just $0.21.

The service is very popular in Egypt.take awayThis allows tourists to order takeout food. In this case, the price of the dish corresponds to the price of the ingredients that would be purchased separately, making this option more economical compared to dining in a restaurant, where additional fees and taxes must be taken into account.

Buying clothes and shoes

When it comes to buying clothes and shoes, tourists often look for cotton shirts, t-shirts, tunics, dresses, and towels, as they are produced there with good quality and at affordable prices, ranging from 15 to 30 dollars.

However, be careful and check the composition – sometimes you may come across products that contain synthetic materials instead of being made from 100% cotton.

Local markets also offer:

• cashmere scarves priced from 10 to 15 dollars;
• popular bermuda shorts in the price range of $15-20;
• winter hats that cost around 3 dollars;
• leather bags, the prices of which can reach 50 dollars.

Searching for branded clothing

If you're interested in branded clothing, it's worth checking out specialized stores of well-known European brands, such as those located in the Il Mercato area in Sharm El Sheikh or in the Senzo Mall shopping center in Hurghada.

Transport prices

As for public transport, ticket prices range from $0.19 to $0.37, depending on the location. Locals prefer to buy passes, with monthly costs varying from $6.50 to $17.50.

Speaking of taxis, the average price for a ride is just $0.20 per kilometer. For example, a trip from Sharm El Sheikh Airport to Dahab can cost around $100, but booking in advance can significantly reduce this price to about $30.

City route trips cost between $12 and $15, which is generally quite a reasonable price.

Fuel prices

In recent years, as of November 2019, the price of gasoline in Egypt averages $0.50 per liter, which can be helpful for those planning to travel around the country in a personal or rented car.

For example, for popular cars such as:

• Volkswagen Golf 1.4 90 kW Trendline– the price is around 27,500 dollars;
• Toyota Corolla 1.6L 97kW Comfort– the price is around 24.1 thousand dollars.

Mobile communication

As for mobile communication, there are three major operators in Egypt -Vodafone,OrangeandEtisalatTo purchase a SIM card, you will need a passport.

The prices for mobile services among all operators are roughly comparable. An international call will cost more than one dollar per minute, while local calls are significantly cheaper – around 0.12 to 0.18 dollars per minute.

The cost of communication and internet in Egypt

In Egypt, you can send messages for about $0.05 each. As for internet rates, they are almost the same across all mobile operators. For using 6 megabytes of data per day, you will pay around $0.20, and after that, the cost will be $0.03 per megabyte.

In total, the monthly expense for mobile communication and internet will be approximately $20, which includes both call minutes and internet access, based on a calculation of 3 gigabytes of traffic per month.

Medical services in Egypt

When talking about medical services in Egypt, it is important to note that both public and private medical facilities are available here. It is very important to havemedical insurancebecause without it, even a simple stitching procedure in private clinics in popular tourist cities like Hurghada can cost between $450 and $650.

In private medical institutions, specialists are generally more qualified compared to those working in public hospitals, becausefree healthcare systemThe country needs improvement, and inexperienced doctors often come to work in government institutions. It is also important to remember that public clinics may lack the necessary modern equipment for diagnosis and treatment.

Quality of medical services

Nevertheless, even despite the high prices in private hospitals, the quality of medical services does not always meet international standards. A consultation with a doctor can cost between $20 and $50, with the price depending on the qualifications of the medical professional and the location of the medical facility. For example:

• An injection or a set of necessary medications can cost between $10 and $35.
• The bandage will cost $10-20.
• An X-ray can cost between $30 and $70.
• Dental treatment can cost several hundred dollars.

Sports subscriptions and classes

For sports enthusiasts, it will be interesting to know that a monthly membership at local fitness clubs costs around $25. However, prices can vary depending on the club: you can find memberships for as low as $12, while in more expensive establishments, the cost can reach up to $40.

You also have the option not to purchase a permanent membership if you don't exercise regularly; you can pay for individual sessions, which cost approximately $2–5 per workout, or rent sports equipment, such as a tennis court, which will cost about $8 per hour.

For those interested in group activities, such as yoga classes, a single session can cost between $2 and $13, which is due to the differences in the qualifications and experience of the instructors.

Alternative types of leisure activities

For those who prefer a more passive way to spend their time, visiting a cinema is a great alternative: a ticket to see an international film will cost about $5.

In addition, there are many different forms of leisure and activities for children in Egypt, including:

• Swimming;
• Studying foreign languages;
• Artistic creativity;
• Dancing;
• Diving;
• Theater clubs.

This allows for selecting the most interesting activities for children and diversifying their leisure time.

Conclusion

In conclusion, our article highlighted the emergence of Egypt as one of the most attractive countries for living and vacationing among tourists and expats, especially against the backdrop of the growing popularity of independent travel. The mass tourist arriving in Egypt still prefers "package" tours; however, the trend towards more personalized and extended vacations is becoming increasingly evident.

Independent travelers are increasingly choosing to purchase real estate, which opens a new chapter in their lives. Housing prices remain affordable, especially in resort cities like Hurghada and Sharm El Sheikh, where foreigners can become owners of apartments or houses in comfortable neighborhoods. For example,You can purchase a small studio for an amount in the range of $20,000 to $25,000.that makes long-term stays in Egypt accessible for many.

Financial aspects, such as the possibilitypayments in rublesand usagecryptocurrenciesVarious installment programs make purchasing real estate even more convenient. This not only allows you to live in comfortable housing but also to enjoy all the benefits that the Red Sea has to offer, including magnificent beaches and a warm climate.

Nevertheless, it is important to remember that, despite financial accessibility, purchasing real estate requires a careful approach:

• It is necessary to take into account the specifics of the legislation.
• conduct all transactions through verified companies.

All these factors make the real estate market in Egypt attractive for new investors and those seeking a new life experience.

Thus, against the backdrop of the tranquil surface of the Red Sea and the sounds of local markets calling you to find something unique, I see Egypt becoming an even more sought-after destination for people seeking a quality life. I hope this information helps you better understand the diverse opportunities that this amazing country offers to those who are determined to become part of its unique culture and lifestyle, for which it is so highly valued.