Your Perfect Studio Apartment Near the Beach in Hurghada
Your Perfect Studio Apartment Near the Beach in Hurghada
Are you considering investing in property abroad? For foreign buyers seeking a studio apartment near the beach, Hurghada is an attractive option, combining stunning seaside beauty with favorable real estate conditions. One standout opportunity is a fully furnished 69m² studio at Oasis Resort, located in the Al Hyaa District, available for just €23,000. This property presents not only a cozy retreat but also an excellent investment opportunity.
The location in Al Hyaa District places this studio right in front of a new touristic walkway, offering easy access to a private beach club, perfect for enjoying the sun and sea. With the growing number of tourists visiting Hurghada, this property makes an ideal choice for those looking to rent out short-term, capitalizing on Egypt’s evolving tourism market.
Current Laws and Regulations for Foreign Buyers (2026)
Understanding the legal landscape is crucial when buying property in Egypt. As of 2026, foreign ownership rules enable buyers to own no more than two properties, each limited to a maximum size of 4,000 m². Agricultural land purchases are not permitted, and properties classified as historical monuments are off-limits to foreigners.
If you’re interested in your own studio apartment near the beach in Hurghada, it’s important to note that construction on any vacant land must be completed within five years. Furthermore, resale of property is restricted until five years have passed from the registration date unless an exemption is granted.
Short-Term Rental Regulations in Egypt
As of 2026, the rental market for properties like the Oasis Resort studio is transitioning toward regulation. Short-term rentals are legal, but hosts are now required to obtain a Holiday Home license from the Ministry of Tourism and Antiquities. Unlike in many countries, Egypt has no nationwide minimum-stay requirements or limits on nights rented out per year.
However, it is imperative for property owners generating significant rental income to register with the tax authorities. There are local restrictions that may apply, especially in gated communities or building associations, so remaining informed is key.
Buying Process for a Studio Apartment in Hurghada
Buying a property in Hurghada involves several steps. Here’s a clear guide for foreign buyers:
- Preparation: Gather necessary documents including a valid passport and proof of payment.
- Agreement Review: Carefully check the sale and purchase agreement for all details.
- Payment: Begin with a 20% down payment (approximately 911,200 for the Oasis Resort studio) and follow the quarterly payment plan over four years.
- Registration: Submit various documents to the Real Estate Taxation Authority for notarization.
- Final Step: Complete the ownership registration, paying a maximum state fee of 3,900.
Important Costs and Fees
| Category | Detail | Amount/Fee |
|---|---|---|
| Studio Price | Oasis Resort, Al Hyaa (69m²) | €23,000 |
| Down Payment | Initial Deposit | 20% (approx. 911,200) |
| Payment Plan | Duration and Frequency | 4 years, paid quarterly |
| Annual Property Tax | Rate on Rental Value | 10% of the property’s rental value |
| Registration Fee | Max State Fee for Apartments | EGP 3,900 |
Practical Tips for Foreign Buyers
- Always consult with a legal expert to ensure compliance with local laws and regulations.
- Verify the legal status of the property, ensuring it’s not in a historical or agricultural zone.
- Consider the implications of the Orfi contract if planning to rent to binational couples.
- Contact local real estate agencies, like MAMO Property, for insights into property management and maintenance.
FAQs
Can foreigners buy property in Hurghada?
Yes, foreigners can buy property, but there are restrictions regarding the number of properties and types of land.
What are the payment options for a studio apartment near the beach in Hurghada?
Typically, you can secure a property with a 20% down payment, followed by quarterly payments over a specified period.
Is short-term rental allowed in Egypt?
Yes, short-term rentals are legal but require compliance with licensing and tax registration requirements.
Conclusion
Investing in a studio apartment near the beach in Hurghada is a promising opportunity for foreign buyers. The combination of favorable prices, regulations, and tourism growth makes this region appealing. If you’re interested in securing your own piece of paradise, contact MAMO Property today for expert guidance. Visit mamoproperty.com or WhatsApp us directly for more assistance!
This article is for informational purposes. Consult a legal expert for personal advice.
Frequently Asked Questions
Q: Is the Oasis Resort Hurghada a good option if I am looking for a studio for sale in Hurghada?
A: Yes, the Oasis Resort Hurghada is an exceptional choice. It offers prime beachside living and stands out as a highly desirable option among the properties in Al Ahyaa district Hurghada, making it perfect for anyone seeking a quality studio for sale in Hurghada.
Q: What are the current trends regarding buying property in Egypt for foreigners 2026?
A: The process of buying property in Egypt for foreigners 2026 is expected to be more streamlined than ever, with supportive government regulations and high rental yields continuing to attract international investors to coastal hotspots.
Frequently Asked Questions
Q: Is it easy to buy property in Egypt as a foreigner, and is the Al Hyaa District Hurghada a good investment?
A: Yes, the process to buy property in Egypt as a foreigner is very straightforward, especially in designated investment zones. The Al Hyaa District Hurghada is one of the most promising areas for foreign buyers, offering a tranquil coastal lifestyle, proximity to El Gouna, and great rental yields on beachside studio apartments.
Q: What options are available for those looking at apartments for sale in Al Ahyaa Hurghada?
A: There is a diverse range of apartments for sale in Al Ahyaa Hurghada, varying from compact, affordable studios steps away from the beach to spacious multi-bedroom apartments, making it easy to find a property that fits your budget and investment goals.
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Co-founder of MAMO Property, real estate specialist in Hurghada with 16+ years experience in Egyptian property market.
