Guide to Choosing the Best Area to Buy Property in Hurghada
Hurghada is one of Egypt’s top real estate destinations, offering a wide range of residential and investment opportunities. With so many areas to choose from, selecting the ideal location depends on personal or investment goals. In this guide, we will explore the key factors to consider when choosing the right area.
- Define Your Purpose for Buying
Before making a decision, it’s essential to identify the reason for purchasing the property:
• For investment: Choose areas with high rental demand, such as the Touristic Promenade and Sahl Hasheesh.
• For permanent residence: Look for areas with comprehensive services, such as El Hadaba, El Aheya, and Magawish.
• For a holiday home: The best choices are locations near the sea with stunning views, such as Sahl Hasheesh and the Touristic Promenade.
- Investment Return & Resale Potential
If you are looking for a profitable investment, consider areas with high rental yields:
• Touristic Promenade: A highly active tourist area, ensuring strong demand for short-term rentals.
• Sahl Hasheesh: A luxury destination with premium prices but promising investment returns.
• El Hadaba: Ideal for long-term rentals due to its proximity to the city center and essential services.
- Availability of Services & Infrastructure
When selecting an area, ensure the availability of key services, including:
• Transportation and main roads
• Schools and hospitals (important for families)
• Shopping centers and restaurants
For instance, Magawish is a prestigious and well-maintained residential area, known for its tranquility and access to essential services, making it an excellent choice for family living.
- Budget & Property Prices
Property prices in Hurghada vary depending on the location and available amenities:
• Touristic Promenade & Sahl Hasheesh: Higher prices, suitable for those seeking luxury and secure investment opportunities.
• El Hadaba & El Aheya: Mid-range prices with full access to essential services.
• Magawish: A great option for those looking for an upscale residence at a reasonable price, with good potential for property appreciation.
- Future Development of the Area
Investing in areas with ongoing development increases property value over time. New projects and expansions in Sahl Hasheesh and Magawish make them promising options for both investment and residential purposes.
Conclusion
Choosing the perfect area in Hurghada depends on your personal and investment goals, as well as the availability of services and infrastructure. If you’re looking for a high-return investment, the Touristic Promenade or Sahl Hasheesh may be ideal, while those seeking a quiet and well-maintained residential area may prefer Magawish or El Hadaba. Conducting thorough market research before purchasing will help you secure the best possible investment.
