Property in Egypt

































Egypt. Supplemental information
Egypt. General information about the market
Buying property in Egypt remains one of the most affordable and promising investment options for foreigners. In 2023, the Egyptian government lifted previous restrictions — now foreigners can purchase an unlimited number of properties of any size. Previously, it was allowed to own a maximum of two properties with a total area of up to 4,000 sq. m.
Purchase Features
Buying a home gives you the right to obtain a temporary residence permit, which is extended while maintaining ownership. It should be borne in mind that there are special restrictions on land ownership in strategic and border areas. To avoid risks, it is recommended to make a deal through a licensed agent and a lawyer familiar with the current requirements of Egyptian law.
Popular resorts
The most popular regions, both for recreation and for buying real estate among foreigners, are resort towns Hurghada (318) and Sharm el-Sheikh (30). Both resorts are located on the Red Sea, but thanks to the ridge of the Sinai Mountains surrounding Sharm el Sheikh, it is less windy here than in Hurghada.
Hurghada is more popular among Russian property buyers: the cost of housing and daily expenses (food, transport, utilities) are much lower here than in Sharm el-Sheikh.