Beachfront Real Estate Hurghada: Is It Possible to Buy a Property Near the Sea for Less Than $50,000?

Hurghada real estate prices remain lower than in other popular Egyptian resorts, making the city an attractive budget destination for property buyers. We’ve researched the Hurghada property market to offer an objective analysis: is it really possible to purchase a property near the beach for under $50,000 in 2025—and what compromises should you be prepared for?

Hurghada Property Market Trends 2024–2025

With increasing interest in Egyptian resorts and recent legislative changes, the Hurghada real estate market continues to evolve rapidly. In 2024–2025, new trends are emerging that influence both property prices and investment potential.

How Prices Have Changed Over the Past 3–5 Years

Between late 2019 and 2022, prices steadily increased due to growing foreign demand. However, since 2023, the devaluation of the Egyptian pound has slowed dollar-based price growth. In fact, in some segments, prices have stagnated or declined. By 2025, dollar prices for older properties have nearly returned to 2020–2021 levels.

Foreign Demand Keeps the Market Stable

The main demand for Hurghada property comes from buyers in Europe (especially Germany and the Czech Republic), CIS countries (Russia, Ukraine), and the Gulf region. Many foreign buyers opt for affordable studios or one-bedroom apartments as vacation homes or investment opportunities. This foreign interest has helped keep prices stable, despite the weak local economy.

Impact of the Egyptian Pound Devaluation

The Egyptian pound weakened significantly in 2023–2024. As a result, property prices denominated in pounds became cheaper in USD terms. Even if prices in pounds remained stable, their actual dollar equivalent often decreased—particularly for new builds.

What Can You Buy for Under $50,000 in Hurghada?

We analyzed available listings, and here’s what you can realistically find for $50,000 or less:

• Studios between 25–35 m² in budget-class projects, typically on the 3rd or 4th floor;
• One-bedroom apartments within walking distance of the sea (5–10 minutes), usually with courtyard views;
• Apartments in districts with infrastructure but no direct beach access—such as on the outskirts of Mamsha or Sakkala.

Example: a 28 m² studio in a 10-year-old complex with no furniture or amenities can be found on the secondary market for around $45,000.

Where to Look: Budget-Friendly Areas in Hurghada

• Southern Sakkala, near the city’s western border — lower prices due to distance from central beaches;
• Mamsha area, closer to the center, though some complexes are far from the main coastline; these are where sub-$50k offers usually appear;
• Senzo / El Furgana — more remote neighborhoods where prices are lower due to limited infrastructure.

We recommend focusing on these zoned areas to gain a price advantage.

Risks and Compromises When Buying Property Under $50,000

• Distance from the beach — many units are 5–10 minutes' walk away;
• No furniture or renovation — often sold as "bare walls" in this price range;
• Limited infrastructure — few parking spaces, shops, or public transport nearby;
• Legal and regulatory issues — especially on the secondary market: verify ownership rights, utility payments, and foreign ownership legality.

At Lincom Investments, we emphasize that a low price often comes with trade-offs. Each property requires a careful review of documents and actual condition.

Conclusion and Expert Advice

Yes, in 2025 it is possible to find beachfront real estate in Hurghada or property near the coast for under $50,000. However, these are usually studios or small one-bedroom apartments in more remote areas, often without interior finishes or modern infrastructure.

When choosing, it's important to:

• Carefully verify all legal documents;
• Budget for additional costs such as renovation, furniture, and legal processing;
• Focus on properties with rental potential to make your investment worthwhile.

At Lincom Investments, we’re always ready to assist you—whether you're looking for a smart property investment, need help evaluating risks, or want guidance through every step of the purchase process. If you’re interested in viewing current listings or proceeding with a deal, feel free to contact us.

Sources: Consulting reports ("Egypt Real Estate Market Report", "Red Sea Investments 2024"); publications by Forbes, Reuters, Ministry of Tourism Egypt; property websites like Property Finder Egypt, Coldwell Banker Egypt; and historical exchange rate data for the Egyptian pound.