Property Abroad

Egypt

Red Sea

Hurghada

Flat

Flat 42 м² in Hurghada, Egypt

28 000 $

666 $ /м²

4OhC2

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #1

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #2

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #3

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #4

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #5

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #6

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #7

Flat 42m² in Egypt, Hurghada. Priced at 28000$ rent photo- #8

Area

42 м²

Bathrooms

Studio apartment 42 m2 in Hurghada with sea views

Studio, 42 sq m, in Hurghada, within walking distance from the sea

Location - Egypt, Hurghada, Tiba View$,

The apartment is renovated and furnished

The price is located in the sea,

In walking distance there is a good beach, in the compound itself there is a store, A little further - small shops with necessary goods, cafes, restaurants, pharmacies, exchangers. And much more. The area of El Ahiya is young, very rapidly developing. The apartments here are perfectly rented. The apartment will bring its owner a good income. Buying property in Egypt is a good investment. Apartments are rented year-round.

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Services and facilities

Air conditioner

Lift

Street window

Pool

Balcony or terrace

Internet

Furniture

Household appliances

Additional details

Property type

Investment

Number of rooms

Floor

Object type

Flat

Price

28 000 $

Condition

In Good Condition

Location

By the Sea

Characteristics

Air conditioner

Lift

Street window

Pool

Balcony or terrace

Internet

Furniture

Household appliances

Sea View

Infrastructure

Open pool

Relaxation area

Cafeteria

Purchase method

Bank transfer

FAQ

In Egypt a residence permit is typically issued based on a minimum investment threshold. Applications are reviewed within 30–60 days in Hurghada; you will need a passport, proof of funds, and the ownership documents. Hatamatata helps prepare and submit the paperwork.

Banks in Egypt finance 50–70% of the property value for non-residents with rates of 3–5% for 20–30 years. A life insurance policy and a 30–40% down payment are usually required. Terms and programs vary by city and bank.

Expected expenses: transfer tax 0–15%, registration 0.5–2%, notary 0.5–1.5%, agent commission 0–3%. In total 2–20% on top of the purchase price. Exact rates depend on region, property type and programs.

A title search at the land registry of Egypt takes 10–15 business days. You receive ownership, encumbrance and tax clearance certificates. Documents are translated and reviewed by a lawyer before signing.

Yes. Rental income tax is 5–25% depending on the regime. In Hurghada short-term tourist rentals typically yield 5–8% per year. Municipal permission and income registration are usually required.

Yes. An inspection costs about 0.5–1% of the price (28 000 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.

A typical transaction runs 30–90 days, averaging 45 in Hurghada: due diligence (10–15 days), notarization (5–7 days), registration (10–14 days), residence permit (30–60 days, if needed).