Buying appartment in Hurghada

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Member since 05 April 2014

25knotsMember05 April 2014 16:51:56

First I would like to say hi to everyone

I'm looking for some advice with regards buying an apartment or studio in Hurghada. I'm big into kiteboarding and visited Egypt for the first time in 2012 and basically fell in love with the place 9 holidays and xyz amount of cash later I have decided to buy a place lol, So what i am after is info on good companies to deal with also whether to buy off plan or re sale. Any do's and dont's and just any general info from anyone who has bought or in the process of buying
my budget is a little undecided as yes because after looking on line its very confusing but i would say 20k max

David ViP

Member since 29 January 2013

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DavidViP07 April 2014 05:11:12

9410

Hi 25knots,

Welcome to expat-blog!

Feel free to read the following topics which might help you find some more hints about buying a home in Hurghada:

https://www.expat.com/forum/viewtopic.php?id=228501

https://www.expat.com/forum/viewtopic.php?id=268485

https://www.expat.com/forum/viewtopic.php?id=208623

Regards,

David.

movinghome Member

Member since 09 February 2013

movinghomeMember08 April 2014 19:46:47

There's no guarantee about anything over here, so I would avoid off-plan in general (although some reliably finish - eg, Tiba, Orascom.

I bought and ended up spending more than I intended but am happy with my decision (so far). I would think very carefully about what your priorities are. I wanted to swim as a priority, although many people advised me to buy in the city centre. I also had public transport as a priority, due to costs (didn't want to spend money on taxis all the time), but this went out in favour of somewhere that I could go out for a coffee and feel safe in my immediate vicinity and that would be easy to walk around in. This wasn't my initial priority, but I changed my mind when I viewed properties.

I looked round properties with Sun Homes and Rivermead Global.

I would visit and then negotiate on price later. I bought a resale - personally, I think this is better as someone else has done all the work of getting furniture in, snagging, fixing things and hopefully the place is up and running and you will have a better chance of seeing whether things operate as promised (eg, search the internet for forums discussing where you want to purchase before going ahead). If the property is complete but you are one of the first in, you may find that many of the promised facilities never actually transpire. Remember to check maintenance fees and how much they go up each year.

I hope this helps.

25knots Member

Member since 05 April 2014

25knotsMember08 April 2014 22:00:59

Thanks what you said makes a lot of sense. I was also a little concerned with regards off plan projects as I personally have witnessed what looked like abandoned projects all over hurghada.
Thanks for your time

gamer215 New member

Member since 19 July 2012

gamer215New member14 April 2014 14:28:07

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liberty278 Member

Member since 27 December 2012

liberty278Member05 May 2014 15:51:27

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