- Area
- 130 m²
- Bedrooms
- 2
- Bathrooms
- 1
Description
Apartment in a modern complex in the center of Hurghada
Elegant modern apartment in the center of Hurghada
We present to your attention an attractive property offer - a luxurious modern apartment of 130 square meters, located in the heart of the resort town of Hurghada. This spacious living space is characterized by a high level of comfort and convenience due to its central location, allowing you to enjoy all the advantages of urban infrastructure.
Square: 130 m2
Price: 68,000 €
со Peculiarities of the apartment:
2 spacious bedrooms
Grand American kitchen
1 balcony overlooking the pool
3 atticular windows for maximum natural lighting
Gastroop and safety>
This apartment is ideal for a comfortable life or investment. Ready for immediate occupancy!
Like the apartment - write me a message - I will gladly help you
Characteristics
- Property type
- All Types
- Number of rooms
- 3
- Object type
- Flat
- Price
- 75 350 $
- Condition
- In Good Condition
- Location
- By the Sea
- Floor
- 2
Services and facilities
- Air conditioner
- Lift
- Street window
- Pool
- Balcony or terrace
- Internet
- Furniture
- Household appliances
Window view
- City View
Infrastructure
- Open pool
- Playground
- Relaxation area
- Security 24/7
- Surveillance
Purchase method
- Bank transfer
FAQ
How can I get a residence permit by buying property in Egypt?
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.
Is a mortgage available for non-residents in Egypt?
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.
What taxes and fees apply when buying in Egypt?
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.
How is the title checked in Egypt?
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.
Can I rent out property after purchase in Egypt?
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.
Is a property inspection recommended before purchase?
Yes. An inspection costs about 0.5–1% of the price (75 350 $) and covers structure, utilities and legal status. Hatamatata arranges a qualified engineer with an EN/RU report.
How long does the purchase process take in Egypt?
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).
