The Optimal Time to Sell Your Property in Hurghada – Before or After Delivery? Expert Tips from Successful Investor
Selling a property in Hurghada at the right time can significantly impact your return on investment. Whether you’re an investor or a property owner, understanding market trends, buyer behavior, and economic factors is key to choosing the best time to sell—before or after delivery.
Selling Before Delivery: Advantages and Risks
Advantages of Selling Off-Plan (Before Delivery):
- Higher Liquidity: Off-plan units attract buyers looking for lower entry prices and long-term gains.
- Lower Tax Burden: In Egypt, selling before completion can reduce capital gains tax in some cases.
- Attractive Payment Plans: Developers often offer flexible installment options, increasing buyer interest.
- Capital Appreciation: If the market is rising, early investors can sell at a higher price.
Risks of Selling Before Delivery:
- Market Volatility: Demand can fluctuate due to economic changes, especially before project completion.
- Construction Delays: Any delay from the developer may discourage potential buyers.
- Limited Buyer Pool: Some buyers prefer ready-to-move-in properties, which may reduce resale value.
When to Sell Before Delivery:
- If you purchased the unit at a low pre-launch price.
- If the real estate market is strong and demand is high.
- If you’re looking for a quicker return without waiting for the project to finish.
Selling After Delivery: Pros and Challenges
Advantages of Selling a Completed Property:
- Higher Sale Price: Ready units often sell for 20–30% more than off-plan properties.
- Stronger Buyer Confidence: Buyers can physically inspect the unit before making a decision.
- Rental Income Potential: You can generate income by renting the unit before selling.
- Easier Financing: Banks are more willing to finance completed units, which widens your buyer pool.
Challenges of Selling After Delivery:
- Ongoing Costs: You’ll need to cover maintenance, taxes, and utilities while holding the property.
- Market Fluctuations: If the market slows down, your profit margin may shrink.
- Longer Time to Sell: Finding the right buyer for a completed unit may take more time.
When to Sell After Delivery:
- If the property is in a prime area like Hurghada Marina or Sahl Hasheesh.
- If the rental market is strong and you want income first.
- If you can afford to wait for the right offer.
Current Real Estate Trends in Hurghada
- Strong Demand for Coastal Properties: European and Arab buyers continue to invest in Hurghada.
- Tourism-Driven Sales: Properties near beaches and attractions move faster.
- Government Incentives: Programs like Egypt’s Golden Visa are boosting foreign demand.
- Annual Price Growth: Well-located properties typically appreciate by 10–15% each year.
Is Now a Good Time to Sell?
The 2024–2025 period is expected to see steady growth.
Off-plan sales are increasing in new developments like El Gouna and Soma Bay.
Ready-to-move-in units in central Hurghada are in high demand, especially for short-term rentals.
Expert Advice from Successful Investors
- Understand the Market Cycle: Sell before delivery during a boom; wait until after delivery if the market is climbing gradually.
- Increase Property Value: For ready properties, consider minor renovations or add smart features. For off-plan units, highlight planned infrastructure like roads or shopping areas.
- Know Your Target Buyer: Europeans prefer beachfront villas, while Egyptians and Arab buyers often look for sea-view apartments.
- Work with a Reliable Real Estate Agency: A professional agency can help you market the property, handle negotiations, and manage legal paperwork effectively.
How to Decide When to Sell
Sell Before Delivery If:
- You want a fast return.
- The market is rising rapidly.
- You’d rather avoid ownership costs after handover.
Sell After Delivery If:
- You’re aiming for higher profit.
- The property is in a premium location.
- You want to benefit from rental income before selling.
If you’re planning to sell your property in Hurghada and want a clear, strategic plan—our local experts are ready to assist with a free valuation and professional support.
Contact Forsa For Real Estate Services today
