EGP 3.8 Billion Sahl Hasheesh Deal – What It Means for Hurghada Real Estate Investors
In one of the biggest real estate acquisitions in Hurghada during 2026, Pick Albatros Group has acquired The Oberoi Beach Resort in Sahl Hasheesh for 3.8 billion. This is no ordinary market transaction – it is a clear signal to investors that Sahl Hasheesh has evolved from a tourist destination into a prime investment zone.
What This Deal Means
1. Property Values Are Rising – When a major group invests 3.8 billion, it sets a new price benchmark. Properties in Sahl Hasheesh are now worth more.
2. Foreign Investor Confidence – Major brands dont invest in uncertain markets. This deal signals that Sahl Hasheesh is a safe market.
3. Rental Demand Will Increase – More resorts mean more tourists. Expected ROI for Sahl Hasheesh: 8-12% annually.
4. Infrastructure Development – Large investments push authorities to improve roads and utilities.
Browse Available Properties in Sahl Hasheesh
Frequently Asked Questions
Is Sahl Hasheesh good for long-term investment?
Absolutely. Sahl Hasheesh offers the highest ROI in Hurghada (8-12%). With the Pick Albatros deal, values are expected to appreciate 15-20%.
Can foreigners buy property in Sahl Hasheesh?
Yes. Egypt Green Contract system allows full freehold ownership for foreign buyers in Sahl Hasheesh.
Are there ready-to-move properties in Sahl Hasheesh?
Yes – we have both ready-to-own units and off-plan projects with 3-5 year payment plans.
Contact MAMO Property
WhatsApp: +201152980998
Website: mamoproperty.com
Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
