Learn How to Buy Property in Egypt as a Foreign Investor

Introduction

With affordable prices, rental demand, and legal access to freehold ownership, Egypt has quickly become one of the most attractive real estate markets for international buyers. Whether you’re seeking a rental property in Hurghada, a second home in El Gouna, or a long-term investment in New Cairo, it’s essential to understand the process of how to buy property in Egypt as a foreign investor. This guide outlines the legal, financial, and practical steps to help you invest with confidence in 2025.

Why Egypt Attracts Foreign Property Buyers

Egypt offers a unique value proposition for real estate investors:

• Low entry costs compared to Europe or the Gulf
• Freehold ownership permitted in most resort and urban areas
• Strong rental yields (6–10% in Red Sea destinations)
• Developer-backed payment plans, often with 0% interest
• Eligibility for residency based on property ownership

From vacation rentals to lifestyle relocations, Egypt’s property market suits a wide range of investor profiles. Foreign ownership is legal and well-regulated in popular areas including El Gouna, Sahl Hasheesh, Soma Bay, and New Cairo.

Step-by-Step: How to Buy Property in Egypt as a Foreign Investor

1. Choose the Right Location

Start by defining your investment goal—rental income, capital appreciation, or personal use—and match it to the right city or resort zone.

• El Gouna: Gated luxury with high-end rentals
• Sahl Hasheesh: Strong rental potential and master-planned growth
• Hurghada: Budget-friendly, urban lifestyle with steady expat demand
• Soma Bay: High-value appreciation and limited inventory
• New Cairo: Modern compounds near Egypt’s capital

2. Work with a Licensed Real Estate Agent

Foreign investors should always partner with a trusted agent who understands the legal process and local market dynamics. A good agent will:

• Offer verified listings
• Negotiate with developers on your behalf
• Assist with bilingual contracts and due diligence
• Coordinate with lawyers and notary services

Platforms like Buildix offer pre-screened, expat-friendly listings across Egypt’s top investment zones.

3. Reserve Your Property

Once you’ve selected a unit, you’ll sign a reservation agreement with the developer and place a deposit (typically 5–10% of the purchase price). This reserves the property and locks in the price for a set period, usually 2–4 weeks.

4. Conduct Legal Review and Sign Sales Contract

Have an independent real estate lawyer review all documents, including:

• Developer licenses
• Land ownership status
• Payment terms and cancellation clauses
• Registration eligibility

After review, you’ll sign the sales contract, which includes the full payment schedule and delivery terms.

5. Complete Payments and Register Ownership

Egypt offers interest-free installment plans for off-plan and ready units, typically spanning 3–8 years. Once the unit is fully paid, it may be eligible for a Green Contract—Egypt’s official title deed.

Most resort and compound properties operate under legally binding developer contracts, recognized under civil law and sufficient for resale, rental, and inheritance.

Legal and Financial Essentials for Foreign Buyers

• Ownership rights: Foreigners can buy and own property outright in most zones
• Title registration: Green Contract available for registered properties
• Currency: Payments can be made in USD, EUR, GBP, or EGP via international transfer
• Residency: Ownership can qualify for a 1–3 year renewable visa
• Taxes: Egypt has no capital gains tax or inheritance tax on residential properties

Key Costs to Budget For

• Down payment: 10–30%
• Legal fees: 1%–2% of purchase value
• Maintenance fees: $500–$1,500 annually (compound-specific)
• Furniture packages: Optional, but useful for rentals
• Utility setup: Minimal cost for water, electricity, and internet

Common Investor Questions

Can I buy remotely from abroad?
Yes. Many foreign investors complete purchases via Power of Attorney, with remote contract signing and payment transfers coordinated through local legal teams.

Can I rent out my property?
Absolutely. Most Red Sea zones support short- and long-term rentals, with yields between 6% and 10%. Property management services are widely available.

How long does the process take?
From selection to contract signing, the process typically takes 2–4 weeks. Handover and registration timelines depend on whether the unit is ready or off-plan.

Conclusion

Buying property in Egypt as a foreign investor is straightforward, secure, and full of opportunity. With proper guidance, due diligence, and legal review, you can access one of the most dynamic real estate markets in the region—offering both lifestyle and financial return.

Start your investment journey today.
Browse available Egypt properties on Buildix or schedule a consultation with a licensed property advisor to receive your custom investment plan.

Mini FAQ

Is it legal for foreigners to buy property in Egypt?
Yes. Foreigners can buy and own freehold residential property in Egypt in most major cities and resort areas.

Do I need to live in Egypt to buy real estate?
No. You can purchase remotely using Power of Attorney, and local lawyers will manage the legal process on your behalf.

Can I get residency if I own property in Egypt?
Yes. Property owners can apply for a 1–3 year renewable residency permit, depending on the value and registration of the property.