Property Prices in Hurghada, Egypt

Index Info
Price to Income Ratio: 11.93
Mortgage as Percentage of Income: 185.04%
Loan Affordability Index: 0.54
Price to Rent Ratio - City Centre: 11.36
Price to Rent Ratio - Outside of Centre: 16.99
Gross Rental Yield (City Centre): 8.81%
Gross Rental Yield (Outside of Centre): 5.89%

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Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 3,276.07 EG£ 2,500.00-5,400.00
Apartment (1 bedroom) Outside of Centre 2,000.00 EG£ 1,500.00-3,000.00
Apartment (3 bedrooms) in City Centre 6,083.33 EG£ 4,500.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 3,800.00 EG£ 3,000.00-8,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 764.90 EG£ 715.35-836.12
Price per Square Feet to Buy Apartment Outside of Centre 706.06 EG£ 371.61-1,114.83
Salaries And Financing
Average Monthly Net Salary (After Tax) 3,317.23 EG£
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 14.67 12.00-15.00

These data are based on 54 entries in the past 18 months from 12 different contributors.
Last update: March 2023

Sources and References
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