Who Buys Property in Hurghada?
People buy property in Hurghada for very different reasons.
The main buyer types include holiday-home owners, property investors, retirees, people preparing for retirement, younger first-time overseas buyers, lifestyle buyers and families purchasing for long-term use.
At Go Investment, we have specialised in property for sale in Hurghada since 2009. Over the years, we have spoken to international buyers at very different stages of their lives, and one thing is clear: there is no single typical Hurghada property buyer.
For some, it’s about investment. For others, the financial return isn’t the main motivation at all.
So, who buys property in Hurghada and why?
1. The Holiday Home Buyer
For many buyers, the reason for purchasing property in Hurghada is simple: they want their own place in the sun.
They aren’t necessarily planning to relocate or become property investors. They want an apartment they can return to for holidays, longer stays and time with family and friends.
Why Buy a Holiday Home in Hurghada?
Instead of booking accommodation every time they visit, owning an apartment gives them their own permanent base in Hurghada.
Depending on the development, owners can also have access to facilities such as swimming pools, restaurants, rooftop areas, gyms and other communal areas whenever they visit.
For these buyers, the main return isn’t necessarily financial.
It’s having somewhere of their own to enjoy.
2. The Property Investment Buyer
Other buyers approach Hurghada property primarily as an investment.
Their priorities can be very different from someone buying purely for holidays.
Purchase price, location, apartment type, running costs, development facilities, potential rental demand and future resale may all form part of their decision.
What Does an Investment Buyer Look For?
An investment-focused buyer may compare studios with larger apartments, completed property with off-plan developments and different areas of Hurghada before deciding what best matches their objectives.
Some buyers also like the combination of owning a long-term asset overseas while still having the option to personally enjoy the property.
As with any property investment, rental income, occupancy and future property values cannot be guaranteed. Buyers should consider the individual property and their own objectives rather than relying solely on projected returns.
3. The Retirement Buyer
For somebody who has already retired, buying in Hurghada can be much more about lifestyle.
They may want to spend more time somewhere warm, escape part of the European winter or simply enjoy longer periods on Egypt’s Red Sea coast.
Buying a retirement property in Hurghada doesn’t necessarily mean permanently relocating to Egypt.
A Retirement Property Doesn’t Have to Mean Moving Permanently
A retired owner may continue to have their main home in the UK or elsewhere while spending several weeks or months at a time in Hurghada.
Their priorities may therefore include apartment layout, resort facilities, swimming pools, restaurants, security, nearby amenities and somewhere they will genuinely enjoy spending their time.
For this buyer, choosing the right apartment is as much a lifestyle decision as a property decision.
4. The Buyer Planning for Retirement
You don’t have to be retired to start planning for retirement.
Some buyers may still have five, ten or more working years ahead of them but already know they would eventually like to spend more time abroad.
Instead of waiting until retirement before considering an overseas property, they start planning earlier.
A Holiday Home Today, a Retirement Property Tomorrow
An apartment could initially be somewhere to enjoy holidays while the buyer is still working.
As retirement gets closer, those holidays could become longer stays.
Eventually, the same apartment could potentially form part of their retirement lifestyle.
This can make off-plan property in Hurghada particularly interesting for some buyers because certain developers offer interest-free payment schedules that spread the purchase price over an agreed period.
For the right buyer, the idea is straightforward:
Buy while you’re still working, enjoy the property along the way and plan ahead for the lifestyle you want later.
5. The Younger or First-Time Overseas Buyer
Owning a property abroad is often associated with people later in life who have accumulated substantial savings.
Hurghada can challenge that assumption.
Selected properties marketed by Go Investment can be available for under £40,000, with flexible developer payment plans and selected 0% deposit options also available.
That can put overseas property ownership within consideration for people who may previously have assumed it was completely outside their budget.
Why Hurghada Can Make Overseas Ownership More Accessible
For someone in their 20s, 30s or 40s, discovering what some Hurghada apartments cost can change the question from:
“Could I ever afford a property abroad?”
to:
“What could I buy in Hurghada within my budget?”
A younger buyer could be considering their first overseas property as a holiday home, an investment or simply something they would like to own for the long term.
It could even become part of their retirement plans many years later.
Overseas property ownership doesn’t necessarily have to begin at retirement.
6. The Lifestyle and Second-Home Buyer
Not everybody buying in Hurghada considers themselves an investor, retiree or conventional holiday-home buyer.
Some simply want a second base somewhere warmer.
They may want the flexibility to spend several weeks or months in Hurghada rather than visiting for a conventional one or two-week holiday.
More Than a Holiday Without Permanently Relocating
This creates a middle ground between taking holidays and moving abroad permanently.
The buyer can maintain their existing home and lifestyle elsewhere while having their own apartment waiting for them in Hurghada.
For people whose personal or working circumstances give them greater flexibility, owning a second home can provide a completely different way to enjoy Hurghada.
7. The Family and Future Generations Buyer
Some buyers are thinking beyond their own immediate use of the property.
They want somewhere that their family can enjoy together for many years.
An apartment originally purchased by a couple could later become somewhere their children and eventually grandchildren also enjoy.
A Property the Family Can Grow Into
For these buyers, the property isn’t necessarily about achieving a short-term financial return.
It’s about having a long-term family base in Hurghada.
That can influence the property they choose. Additional bedrooms, larger living spaces, swimming pools, family-friendly facilities and the overall development can become more important.
Subject to applicable Egyptian laws, ownership arrangements and individual estate planning, some buyers may also consider how an overseas property fits into the assets they eventually leave to future generations.
Which Hurghada Property Suits Your Reason for Buying?
Understanding why you want to buy can make choosing the right Hurghada property considerably easier.
Buying for Holidays
Resort facilities, swimming pools, location and somewhere you personally enjoy spending time may be your biggest priorities.
Buying for Investment
Purchase price, property type, location, ongoing costs and potential rental demand may play a greater role in your decision.
Buying for Retirement
A completed apartment or property approaching completion may appeal if you want to start using it sooner.
Planning for Retirement
An off-plan property with a longer developer payment schedule may suit someone who is thinking several years ahead.
Buying Your First Overseas Property
Affordability and the ability to spread the purchase price over an agreed payment period may be particularly important.
Buying for Lifestyle
Location, facilities and choosing an apartment that works for longer stays may take priority.
Buying for the Family
Additional bedrooms, living space and facilities suitable for different generations may become more important.
There isn’t one property type that is automatically right for every buyer.
The right property starts with understanding why you’re buying it.
Once you know what you want from your property, you can compare our current property for sale in Hurghada, including completed and off-plan apartments.
Who Is the Typical Hurghada Property Buyer?
There probably isn’t one.
Two people could purchase identical apartments in the same Hurghada development for completely different reasons.
One could be buying their first holiday home.
Another could be planning for retirement ten years from now.
Someone else could see the apartment primarily as an investment, while another buyer simply wants an affordable second home somewhere warm.
That’s why one of the most useful questions to ask before searching for property isn’t simply:
“Should I buy property in Hurghada?”
It’s:
“What do I want my Hurghada property to do for me?”
Once you know the answer, comparing locations, developments, apartment types and payment plans becomes much easier.
If you’re considering buying, our Hurghada property buying guide explains the buying process in more detail and what to consider before choosing a property.
Why Go Investment Takes a Different Approach
Go Investment is a UK-based real estate agency that has specialised in property for sale in Hurghada, Egypt since 2009.
Having worked in the Hurghada property market for many years, we don’t believe buyers benefit from simply being presented with hundreds of properties from every available development.
We take a more focused approach.
A Carefully Selected Hurghada Property Portfolio
Go Investment doesn’t aim to market every new development that launches in Hurghada.
Before deciding what we are prepared to market to our buyers, we carefully consider the developer behind the project, their previous developments and track record, as well as the development itself, its location, build quality, payment structure and overall proposition.
We would rather offer a smaller selection of developments that we know in detail than list every available project simply because it is for sale.
This also allows our team to develop much greater knowledge of the properties and developments we represent.
Hurghada Property Specialists Since 2009
Go Investment has specialised in the Hurghada property market since 2009.
Over that time, we have seen developments launch, followed construction progress and seen completed properties handed over, while the Hurghada property market itself has continued to evolve.
We also work closely with the developers behind the projects we market, giving us detailed knowledge of the developments we present to our buyers.
That experience and relationship with the developments we represent play an important part in deciding which properties we are prepared to put the Go Investment name behind.
Our objective isn’t to show buyers the most developments.
It’s to help them find the right one.
Buyers can also read Go Investment Hurghada reviews and experiences from people who have previously purchased with us.
Frequently Asked Questions About Who Buys Property in Hurghada
Who buys property in Hurghada?
People buy property in Hurghada for many different reasons. These include owning a holiday home, property investment, retirement, planning for future retirement, buying a second home, purchasing a first overseas property and creating a property that the family can enjoy for years to come.
Why do people buy holiday homes in Hurghada?
Some buyers simply want their own property in the sun that they can return to for holidays and longer stays. Depending on the development, owners may also have access to swimming pools, restaurants, gyms and other resort-style facilities.
Is Hurghada only suitable for property investors?
No. Investment is only one reason people consider buying property in Hurghada. Other buyers are primarily looking for a holiday home, retirement property, second home, family property or somewhere they can spend more time in the future.
Can younger people buy property in Hurghada?
Yes. Overseas property ownership is not restricted to people approaching retirement. Selected Hurghada properties can be available at prices below £40,000, while some developments offer payment plans that allow the purchase price to be spread over an agreed period.
Can I buy a property in Hurghada now for my retirement?
Yes. Some buyers purchase property years before retirement, initially using the apartment for holidays and potentially spending longer periods there later in life. Buyers should consider the property’s payment schedule and their own long-term plans when deciding whether this approach suits them.
Can I buy property in Hurghada using a payment plan?
Yes. Some property developers in Hurghada offer interest-free payment plans. Depending on the development and offer available, these can include low-deposit or selected 0% deposit options with the remaining purchase price spread over an agreed period.
How does Go Investment choose which Hurghada developments to market?
Go Investment does not aim to market every development available in Hurghada. We carefully consider the developer, previous projects and track record, development, location, build quality, payment structure and overall proposition before deciding which developments we are prepared to present to our buyers.
How long has Go Investment specialised in Hurghada property?
Go Investment has specialised in property for sale in Hurghada since 2009, working with international buyers looking for holiday homes, investments, retirement properties, second homes and long-term overseas property ownership.
