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Is it worth investing in apartments in Hurghada this autumn?

Is it worth investing in apartments in Hurghada this autumn?

Is it worth investing in apartments in Hurghada this autumn?
  • Why is the velvet season in Egypt the best time to buyreal estate?
  • How to choose accommodation in Hurghada: advantages and features

Dune season: An attractive time for vacation

At the beginning of the autumn season, when nature starts to show its vibrant changes, the velvet season begins at famous resorts like Egypt and Turkey. This time is characterized by a relaxing atmosphere, and your vacation can become even sweeter if you consider buying an apartment in Egypt. This would allow you to visit the sea regularly at any convenient time. We have selected three affordable and fully furnished apartments located within walking distance from the beaches of the Red Sea. You have the opportunity to enjoy the velvet season, as you can move into the apartment right after the deal is finalized.

Features of the velvet season in Egypt

September in Egypt symbolizes the beginning of the velvet season, when the flow of tourists noticeably decreases, the sun is no longer so exhausting, and the sea continues to delight with its warmth. In autumn, the coastline looks especially attractive, pleasing the eye with bright autumn colors. However, it is worth noting that not all areas of Egypt allow for full ownership of property. But it should be considered that Hurghada remains open to foreign buyers, and perhaps now is the perfect time to think about purchasing real estate as an investment.

Prices for apartments in Hurghada

As we have already mentioned, apartment prices in Hurghada are rising in both the primary and secondary markets. According to Maria Chernikova, the director of My Real Estate,“It will be quite difficult to find a decent option for less than $20,000.”However, in the current listings, you can still find housing in Hurghada for any budget and preferences. We have prepared a selection of affordable apartments that are conveniently located near picturesque sandy beaches.

Apartment listings in Hurghada

One of the housing options in Hurghada is an 84 square meter apartment offered for €40,500. It is located in a new modern residential complex called "Tiba View." This complex is equipped with the following amenities:

  • Several swimming pools
  • Mini water park
  • Cafe
  • Supermarket

The round-the-clock security ensures the safety of the residents, while the management company takes care of cleanliness and order in the common areas.

Apartment description

These apartments, offered for €40,500, are located on the fourth floor of one of the buildings in the complex. The windows provide a wonderful view of the sea and the pools. According to the owner, these are spacious one-bedroom apartments and also include:

  • A living room with an open kitchen.
  • Balcony
  • Bathroom
  • A private bathroom in the bedroom
  • A separate balcony in the bedroom

The perfect time to buyreal estate

Thus, the velvet season in Egypt is a wonderful time for relaxation and an opportunity to consider purchasing real estate. Don't miss the chance to enjoy the beauty of the sea and the comfort of your own home. Moreover, such a choice could turn out to be a profitable investment for the future. Egypt, and especially Hurghada, continues to attract interest among investors due to its affordability and the growing popularity of local real estate. Explore the potential opportunities that seaside apartments can offer you and make your dream of the perfect vacation a reality.

Minimalism in interior design

This interior emphasizes minimalism, featuring only the most essential furniture elements. This includes a sofa, a bed, a dining table with a few chairs, several cabinets, and a kitchen.

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The new owner of the apartment has the opportunity to add decorative elements to the interior as they see fit, which will help create a more comfortable atmosphere.

Proximity to the beach and transportation accessibility

You can reach the wide sandy beach in just seven minutes on foot, or you can use public transport — the bus stop is located very close to the building. For shopping, you can visit the supermarket within the residential complex or take a bus to the local market in the Dahar area. If you want to enjoy the atmosphere of luxury relaxation, you can drive or take a taxi to the famous El Gouna resort in seven minutes.

Housing options in Hurghada

Currently, a two-bedroom apartment is being offered at the price of€33,760...as well as various housing options in Hurghada. For example, three-bedroom apartments can be purchased for...€36,076These apartments include:

  • Two bedrooms
  • One bathroom
  • A total area of 65 square meters
  • Location on the second floor of a five-story building

Apartments located directly by the sea are also offered, priced at€33,760The three-room apartment has two bedrooms and an area of 65 m², located in the El Hadaba area within a compact complex called "Siberian Tower-3." The seller claims that this is the central part of the city, situated just a five-minute walk from the main Sheraton street, which creates very convenient conditions due to the developed infrastructure, including:

  • Supermarkets
  • Grocery stores
  • Cafes and restaurants
  • Beauty salons, pharmacies, and banks

The walk to the beach will take about ten minutes.

Features of the residential complex

It's interesting to note that the residential complex is shaped like a well, surrounding its own pool and relaxation area. As in the first apartment, security is provided by round-the-clock guards. The apartment in question is located on the second floor and has a view of the street and the sandy dunes of the planned construction. The interior layout includes:

  • A living room with an open kitchen.
  • Two bedrooms
  • Bathroom
  • Balcony

The apartment is fully furnished and equipped with all necessary appliances. Judging by the provided photos, the apartment needs a little updating, but the listing emphasizes that it is ready for immediate occupancy or rental. The annual maintenance costs amount to$400.

Additional suggestions

In addition, another apartment with an area of 73 m² is for sale for€44,190In Hurghada. This is also a three-room accommodation, fully furnished:

  • Two bedrooms
  • Two bathrooms
  • Located on the third floor of a five-story building

The accommodation is bright and tidy and is located in the center of El Caucer. The promenade, a popular tourist attraction, is only a five-minute walk away and the nearest beach is a ten-minute walk away.

Is it worth investing in apartments in Hurghada this autumn?

Conclusion

In conclusion, I would like to emphasize that the velvet season in Egypt is a unique opportunity not only to enjoy the sun and sea, but also to make a wise investment in real estate. From September to November, when tourist activity decreases, you can enjoy a comfortable vacation away from the crowds.

Advantages of buying real estate

As I mentioned before, buying an apartment in Hurghada seems to be a great option for those who want to have their own place by the warm sea. The splendor of the early fall, when the temperature becomes more moderate, allows you to fully enjoy all the charms of this resort. You won't have to think about where to stay every time - just come and relax.

Overview of available apartments

In my review I have presented three affordable apartments, which can become a cozy holiday nest or a profitable rental property. Each of them will please you with their convenient location and modern facilities.

Your benefits

  • Convenient location by the sea
  • Modern living conditions
  • Possibility of renting out

I hope this article will inspire you to make a decision and help you in finding your dream apartment by the sea.

Creating a cozy home

Do not forget that such an investment is not only a financial transaction, but above all, an opportunity to create for yourself and your loved ones a cozy place where you can spend time together, enjoying the sun and sea at any time of the year. Perhaps now is the moment when you should make a step towards your dream of your own corner on the sunny coast of Egypt. Make a decision and act, and may luck help you in this endeavor!

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