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Flat 40 м² in Hurghada, Egypt

35 000 $

875 $ /м²

4OhC8
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Area

40 м2

Bathrooms

1

Studio apartment on the Red Sea in Hurghada

Beautiful comfortable studio apartment 40 sq m within walking distance from the Red Sea

 Location - Egypt, Hurghada, El-Ahiyah

Apartment on the Red Sea,

Suitable for living or investing

Cost - $35,000

 Factory of the object:

Square -40 sq m;

Floor - 3/5;

Apartment - Studio;

The apartment is renovated and furnished;

There is air conditioning;

View on the sea;

The first coastline/p>

Recently, intensive construction continues in the city. The apartment is 10 minutes from the beach. Area with well-developed infrastructure - schools, shops, cafes, restaurants, exchange offices. The apartment is perfect for personal living or investment.

Ready to meet the new owner. Our agency will help to rent an apartment.

Services and facilities

Air conditioner
Lift
Pool
Balcony or terrace
Internet
Furniture
Household appliances

Additional details

Property type

Residential Properties

Number of rooms

1

Floor

3

Object type

Flat

Price

35 000 $

Condition

In Good Condition

Location

By the Sea

Characteristics

Air conditioner
Lift
Pool
Balcony or terrace
Internet
Furniture
Household appliances
Sea View

Infrastructure

Relaxation area

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 (35 000 $) 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).

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