FAQ

Yes, foreign buyers can purchase property in Egypt, subject to applicable laws, ownership rules, and the legal status of the individual property.

The exact process can vary depending on the location, project, developer, and property type. Covaya can help you understand the purchase process and, where required, connect you with appropriate legal professionals who can review the documentation before you proceed.

No. Many Covaya clients live abroad and begin their property search remotely.

You can explore developments, compare units, review payment plans, receive property information, and prepare a shortlist before travelling to Egypt. Depending on the transaction, parts of the purchase process may also be handled remotely with the correct documentation and professional support.

Not necessarily. Residency requirements and ownership procedures depend on the specific transaction and applicable regulations.

If residency or other documentation becomes relevant to your purchase, we will help you understand what may be required and recommend that the legal aspects are reviewed by a qualified professional.

Yes. You can begin the entire search process from abroad. Our team can send you:

• Property details & floor plans
• Project information, photos, and videos
• Available unit options & payment plans
• Location and developer background information

We can also arrange remote consultations and prepare a shortlist before your visit to Egypt.

There is no single best location for every buyer. Different Red Sea destinations suit different lifestyles and investment goals:

• Hurghada: Offers a large year-round market, international community, established infrastructure, and a broad range of property prices.
• Sahl Hasheesh: Known for its resort environment, beaches, premium developments, and lifestyle-focused communities.
• Makadi Bay: Combines resort living with growing residential development and investment opportunities.
• El Gouna: Offers an established premium market with marina living, restaurants, leisure facilities, and strong international recognition.
• Soma Bay: Appeals to buyers looking for premium coastal living, golf, beaches, water sports, and high-end resort communities.

Our team can help you compare locations based on your budget, lifestyle, investment strategy, and intended use.

We normally start by understanding your priorities, which may include:

• Budget, preferred location, and property size
• Number of bedrooms, sea or pool view, and beach access
• Delivery date (off-plan vs. ready-to-move)
• Cash or installment purchase preference
• Personal use, rental potential, and capital appreciation
• Community facilities and resale potential

We then narrow the market down to properties and developments that match those priorities.

Our portfolio includes studios, apartments, duplexes, penthouses, townhouses, twin houses, standalone villas, branded residences, beachfront and sea-view properties, new-build and off-plan projects, exclusive resales, investment assets, holiday homes, and long-term rental units. Availability changes regularly, so we recommend contacting us for the latest options.

An off-plan property is purchased before construction has been fully completed. Depending on the project, you may purchase during early construction or prior to groundbreaking.

Off-plan properties often come with staged installment plans and attractive early-entry pricing. However, buyers should also consider factors such as the developer, construction schedule, contract terms, delivery date, maintenance costs, and overall project quality before committing.

Off-plan property can be an attractive option when the project, developer, documentation, and contract are properly reviewed. As with any property purchase, buyers should perform due diligence and understand exactly what they are purchasing.

Covaya helps clients compare developments and understand the commercial side of the opportunity. For legal due diligence, we recommend using an appropriately qualified legal professional.

You will usually follow the payment schedule agreed in your contract until the property is delivered. Before reserving, you should understand:

• Deposit requirements & installment schedule
• Construction timeline & delivery date
• Maintenance fees & handover conditions
• Cancellation terms & resale or assignment rules

We can help explain and compare these details before you make a decision.

Usually, yes, depending on current availability. You may be able to choose based on floor, building, orientation, view, size, layout, balcony or terrace, pool position, and proximity to the beach or amenities. Popular units can sell quickly, particularly during new project launches.

Yes, many Red Sea developments offer installment payment plans. The structure varies considerably from project to project. Some developments may offer longer payment periods with a higher total price, while others may offer discounts for larger down payments or cash purchases. Covaya can help you compare the real cost of different payment structures.

There is no universal down payment. It depends on the developer, project, unit, and current sales offer. Some developments offer low initial down payments, while others require a larger percentage. The best payment plan depends on your available capital, investment objectives, and preferred monthly or quarterly commitment.

Some developers offer cash discounts, but this varies by project and sales phase. Before choosing between cash and installments, it is useful to compare the discounted cash price against the total installment price and consider how you prefer to use your available capital.

Sometimes. Resale properties may offer more room for negotiation than developer-direct units. For new developments, pricing is often structured by the developer, although promotions, payment-plan incentives, launch offers, or cash discounts may occasionally be available.

Yes, there can be. Depending on the property, additional costs may include:

• Maintenance fees
• Legal fees
• Registration or administrative expenses
• Utility-related connections
• Furnishing & interior solutions
• Property management services
• Agency or transaction-related fees where applicable

The exact costs vary between projects and transactions. We recommend reviewing the complete cost structure before reserving a property.

A maintenance fee contributes toward the upkeep of shared areas and facilities within a development, such as landscaping, swimming pools, security, building maintenance, and resort infrastructure.

The calculation differs between developments: some projects charge a one-time lifetime maintenance contribution, while others may have recurring charges or service fees.

Yes. We can arrange viewings for suitable properties and developments based on your requirements. Tell us your travel dates, preferred locations, budget, and the projects you would like to see, and we can help prepare a practical viewing schedule.

Often, yes. This depends on the distance between developments and the number of properties you want to inspect. We normally recommend focusing on a realistic shortlist rather than trying to visit too many unrelated projects in one day. A well-planned viewing itinerary makes comparison much easier.

Depending on the property and current availability, remote presentations, live video walkthroughs, high-resolution footage, or virtual tours may be possible. Contact us and we will coordinate what is available for the property you are considering.

The exact reservation process depends on whether you are buying directly from a developer or purchasing an exclusive resale. Typically, you will select the unit, review the commercial terms, provide required identification, and complete the relevant reservation agreement and deposit. You should always understand the reservation conditions before transferring funds.

The required documents depend on the transaction. International buyers will commonly need a valid passport and may be asked for additional details depending on the developer, payment structure, and legal compliance requirements. We will inform you of the exact documentation needed for your specific property.

Independent legal advice can be very valuable when buying property, particularly when purchasing in another country. A legal professional can help review ownership documentation, contracts, transaction terms, and other legal aspects of the purchase.

Covaya focuses on the property and commercial side of the transaction and can coordinate with suitable, independent legal specialists where required.

The Red Sea market attracts international investors due to its year-round tourism, established expat communities, consistent holiday demand, and ongoing infrastructure development. Factors that determine performance include:

• Entry price, location, and developer track record
• Unit configuration and payment plan structure
• Delivery timing and projected rental demand
• Maintenance costs, resale liquidity, and future area masterplans

We evaluate each property on its individual data rather than assuming every development yields identical results.

In many cases, yes. However, rental rules may vary depending on the project, development management, property type, and contract terms. Before buying specifically for rental income, you should check whether there are any restrictions on short-term or long-term letting.

No. Real estate markets, rental yields, occupancy rates, operating expenses, exchange rates, and capital appreciation fluctuate over time. Where rental projections or investment figures are provided, they represent estimates based on current market trends, not legally binding guarantees unless a specific contractual guarantee is provided by a developer. We believe sound decisions must be grounded in realistic data.

A resale property is an existing property being sold by its current private owner rather than directly by the developer. Resales can be completed, fully furnished, tenanted, or even units under construction with remaining installment balances. Resales often present prime locations that sold out during early launch phases.

This depends on the developer, contract terms, payment status, and assignment regulations. Some developers permit assignment prior to handover, while others apply conditions, minimum payment thresholds (e.g., 30–50% paid), or administrative transfer fees. The original sales contract should always be verified first.

Yes. If you own property in Hurghada, Sahl Hasheesh, Makadi, El Gouna, or Soma Bay, reach out to our team with property specifications, photos, and payment details. We will assess the property and discuss its integration into our international resale network.

Our portfolio includes curated long-term residential rentals and premium holiday opportunities, subject to current availability. Contact our concierge team with your dates, preferred location, and criteria.

Yes. For many buyers, renting first is an excellent way to experience the destination, local community, transit links, and lifestyle before making a long-term capital commitment.

Our client relationship continues well past the contract signing. Depending on the property and location, we can assist or coordinate support with unit handover inspections, property management, furnishing, interior design, rental onboarding, and eventual resale.

Yes. We work alongside established interior fit-out partners to deliver turnkey furnishing packages—an indispensable service for international clients preparing their home for holiday use or immediate rental release.

No. Covaya is an independent real estate advisory firm. We represent carefully vetted projects across multiple tier-one developers throughout the Red Sea, ensuring you receive objective recommendations based entirely on your personal goals.

A single developer will only promote their own masterplan. Covaya evaluates multiple projects side-by-side, analyzing differences in finish quality, net square meters, contract terms, payment flexibility, and historical developer delivery performance. Best of all, developer-direct pricing is honored without added buyer commission.

Simply contact us and tell us your preferred location, approximate budget, desired unit type, preferred purchase method (cash vs. installments), and delivery timeline. Our advisory team will compile an actionable, customized shortlist.