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NPNew Properties

Red Sea

El Gouna

Lagoon living, 25 minutes from Hurghada airport

€95,000

Entry price

7 – 9%

Rental yield

25 min

To airport

6

Listings here

Our read on the market

A self-contained town of islands, marinas and golf — Egypt's most established second-home market and its most liquid resale one.

Built across a lattice of saltwater lagoons and connected islands, El Gouna operates less like a resort and more like a small European town: its own hospital, international schools, marina, championship golf and a year-round resident community that does not empty out in October.

That permanence is what makes it the strongest resale market on the Red Sea. Owners here are rarely forced sellers, inventory is tightly held, and the town's single master developer has kept architectural standards consistent for three decades — which protects value in a way that fragmented markets cannot.

We advise on lagoon-front townhouses, marina apartments and the Nubian-style villas of the older districts, where supply is finite and the premium is structural rather than speculative.

What defines it

  • 18-hole championship golf course
  • Two marinas with deep-water berths
  • International schools and full-service hospital
  • Strongest resale liquidity on the Red Sea

Want the full market note for El Gouna — transaction comparables, service charge benchmarks and developer delivery records?

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