Is Hurghada good for Airbnb and short-term rentals?
Hurghada is one of Egypt’s top tourist destinations, making it an excellent market for short-term rentals. With year-round sunshine and millions of annual visitors, Airbnb and booking platform rentals can generate attractive returns. Hurghada receives over 3 million tourists annually, primarily from Europe (Germany, UK, Poland, Czech Republic, Russia). The tourist season runs almost year-round, with peak periods in October-April and a secondary summer season from June-August. Expected Rental Income: Studio apartment 300-600 EUR per month (40-80 EUR per night on Airbnb). One-bedroom apartment 500-1,000 EUR per month. Two-bedroom apartment 700-1,500 EUR per month. Luxury villa in Sahl Hasheesh 2,000-5,000 EUR per month. Well-managed properties in popular areas like Magawish and Sahl Hasheesh achieve 60-80% annual occupancy on platforms like Airbnb and Booking.com. Best Areas for Rentals: Sahl Hasheesh for highest nightly rates, Magawish for best value-to-yield ratio, El Kawther for highest occupancy, Makadi Bay for hotel-managed programs. Most investors use local property management companies. Management fees typically range from 15-25% of rental income. A well-located apartment in Hurghada can yield 8-15% annual rental ROI, significantly outperforming European markets. Contact MAMO Property at +20 11 52980998 for rental yield projections.
