What is the resale value trend for Hurghada properties?
Hurghada property market has shown consistent appreciation over the past decade driven by tourism growth infrastructure development and increasing foreign investment. Historical Appreciation: 2020-2023 saw 10-15% annual appreciation in prime areas. 2023-2025 saw 15-25% annual appreciation during the post-COVID tourism boom. 2025-2026 shows 10-20% appreciation as the market normalizes. Best Performing Areas for Resale: Sahl Hasheesh with strongest resale values at 15-20% annual growth. Magawish with rapid appreciation at 12-18% annual growth. El Kawther with stable growth at 8-12% annually. Al Ahyaa as an emerging area with highest growth potential. Factors Driving Growth include Hurghada International Airport expansion, new international hotel brands entering the market, Egyptian pound devaluation benefiting foreign buyers, government investment in Red Sea infrastructure, and growing remote worker and digital nomad community. Properties purchased in Hurghada 3-5 years ago have typically doubled in value in USD terms. Contact MAMO Property at +20 11 52980998 for resale value assessments.
