Step-by-step guide to purchasing real estate in Egypt as a non-resident
If you're dreaming of owning a beachfront apartment or investment property in Egypt, you're not alone. Hurghada has become increasingly popular among European buyers seeking sun, sea, and smart investments. But how does the buying process actually work for foreigners?
Here’s your clear, step-by-step guide to buying property in Egypt as a non-Egyptian.
1. Can Foreigners Buy Property in Egypt?
Yes — foreigners are legally allowed to buy real estate in Egypt, including apartments, villas, and townhouses. However, there are some legal limitations when it comes to owning land or multiple properties, depending on the area.
Most off-plan developments and resort-style compounds are structured in a way that makes it legally and practically easy for foreign buyers to purchase and register a unit.
2. Documents You’ll Need
To buy property in Egypt as a foreigner, you typically need:
A valid passport (no need for a residence visa)
Power of attorney (optional) if signing remotely
Sometimes a copy of your entry visa or tourist visa
No need for a tax number or local ID
The developer or lawyer usually prepares all contracts and paperwork for you.
3. Off-Plan vs. Ready-to-Move
There are two main options:
Off-plan projects (under construction)
Lower prices Flexible installment plans (up to 8 years) Delivery time: 1–3 years
Ready-to-move properties
Immediate use Higher price, full payment is often required Many foreigners choose off-plan options to secure beachfront property at a better price and pay gradually.
4. How to Pay for Property from Abroad
Foreigners can pay in USD, Euro, GBP, or Egyptian Pounds (EGP), depending on the agreement.
Payment methods:
SWIFT transfer from your home bank
Wise / Revolut
Cash deposit in Egypt (up to €10,000/USD allowed at the airport without declaration)
The payment typically goes directly to the developer’s bank account. Some developers also accept payments through escrow accounts or with proof of origin for funds.
5. The Contract Process
Once you choose a unit:
You sign a reservation form and pay a small deposit (usually 1000 USD/Euro/GBP)
The developer prepares the sales contract
You sign the contract (in person or remotely)
You begin your installment plan (if applicable)
Note: Most developers issue the ownership contract only after full payment.
6. Do You Need a Lawyer?
Not always — in off-plan developments, contracts are usually standard and processed by the developer. But if you're buying from a private owner or a resale, hiring a local lawyer is strongly recommended.
Have Questions?
I help foreign buyers purchase property in Egypt safely and with full guidance. If you'd like personal advice or want to view available options in Hurghada or Sahl Hasheesh — feel free to book a consultation or contact me directly.