Buying a property in Hurghada is a profitable and rewarding investment. The entire purchase process is quite simple and goes relatively quickly. At Galeria Properties, we are dedicated to providing you with the experience and support you need to feel comfortable and secure throughout your purchase journey. We are here to help you find your dream home and guide you through the financial and legal aspects that may arise. Here’s a step-by-step guide to assist you through the process:
Preferences and Budget:
Before you begin searching for a property, it’s important to determine your preferences and define your budget. Consider factors such as the desired area, property type, price range, size, facilities, proximity to amenities, and any other criteria that are important to you.
Property Search:
Start by researching the market to find properties that align with your needs and budget. You can explore our website or reach out to us, and our experienced real estate agents will assist you in finding suitable properties. Our agents can also provide guidance on price negotiations, laws, and other relevant aspects related to purchasing a property in Hurghada.
Reservation (New Build/Off Plan):
However, if you are buying a new build or off-plan property directly from the developer, you can skip the “Making an Offer” step and proceed to the reservation. This allows you to reserve the chosen property by paying a deposit or reservation fee, securing it for a specific period (usually 14-30 days). The fee will be deducted from the final purchase price.
Legal Representation:
When it comes to purchasing a home, whether it’s a resale property or a newly constructed one, we are committed to providing you with comprehensive support throughout the entire process.
Rest assured that our agents are well-versed in all the terms and regulations associated with purchasing a property. They will act as your trusted guides, ensuring that you have a clear understanding of the entire process. If you choose to engage our trusted lawyer, they will bring their expertise to the table, providing you with the necessary legal advice and support tailored to your specific needs.
Purchase Contract
Once you have reached an agreement with the seller or developer, it’s time to sign the purchase contract. This legally binding document will include all the property details, such as the purchase price, payment terms, delivery time, etc.
Payment
Upon signing the contract, you will be required to make the payment according to the agreed-upon terms, including fees applicable at that time.
At Galeria Properties, we are committed to making your property purchase in Hurghada a seamless and enjoyable experience. Our team is here to assist you at every step of the way, ensuring your satisfaction and peace of mind.