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Frequently Asked Questions
Can foreigners buy property in Hurghada?
Yes. Foreign nationals can buy residential property in Hurghada and the Red Sea. There are rules on the number and use of units and on registration, so the ownership documents and the contract should be checked by a lawyer before you pay.
What is the Green Contract?
The "Green Contract" is the common name in Hurghada for a contract registered with the authorities that allocated the land. It gives stronger proof of ownership than a simple private contract. We explain which registration route fits your unit.
What are the total costs of buying a property?
Besides the price, plan for registration or contract fees, the power of attorney, legal fees, maintenance deposits charged by some developers, and furniture if needed. We give you a written estimate for your specific unit before you commit.
Can I get residency by buying property?
Egypt grants residence permits to foreign property owners. The length of the permit depends on the property value and the rules change from time to time, so ask us for the current requirements before you buy.
What is the expected rental return (ROI)?
It depends on the location, the type of unit, furnishing and whether you rent short or long term. Use our investment calculator for an estimate, then ask us to review the numbers for a specific property. Estimates are not guaranteed.
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