Hurghada City Guide

Hurghada stretches along Egypt's Red Sea coast in the Red Sea Governorate and is the country's leading beach-resort property market, anchored by year-round sunshine, diving and a tourism sector that helped Egypt welcome nearly 19 million visitors in 2025. Resort communities such as Sahl Hasheesh and Makadi Bay sell predominantly to foreign buyers at US-dollar prices, where the same Law No. 230 of 1996 two-unit cap and five-year resale lock apply. The draw is the short-let economy: furnished resort apartments and beachfront units generate a realistic 6-8% gross annual yield, with well-managed Marina and Sahl Hasheesh stock occasionally cited toward 8-10% in peak season, though such figures should be treated as marketing-optimistic rather than guaranteed. Prices have risen 10-15% over the past year, and because foreign-resort transactions are largely dollar-denominated they are partly insulated from the EGP devaluation that distorts Cairo and Giza data.