Law No. 21 of 2022


Law No. 21 of 2022

Amending some provisions of Law No. 120 of 1982Issuing a law regulating commercial agency business and some commercial mediation activities and the accompanying

Article (2):

It is prohibited to engage in any commercial agency, commercial brokers or real estate brokers, according to the cases prepared for this purpose in the competent ministry.

Article (16):

Severe penalty of jail for a period do not exceed 2 years and a penalty between 50,000 up to 1,000,000 EGP who ever


Read More

عاجل مجلس الوزراء يستثني شرم الشيخ و دهب من أحكام قانون التنمية في سيناء


عاجل مجلس الوزراء يستثني شرم الشيخ و دهب من أحكام قانون التنمية في سيناء
وافق مجلس الوزراء في اجتماعه الأسبوعي اليوم على مشروع قرار رئيس الجمهورية بشأن استثناء مدينتي شرم الشيخ ودهب بمحافظة جنوب سيناء من الخضوع لأحكام قانون التنمية المتكاملة في شبه جزيرة سيناء الصادر بالقانون رقم 14 لسنة 2012، مع الالتزام ببعض الأحكام التي رؤي ضرورة الأخذ بها والضوابط الواردة في هذا القرار


Read More

Royal Residence 4 Wins Best Residential Development in Egypt by African Property Awards Development


We are proud to announce that Royal Residence 4 has been pleasurably awarded as the Winner of this year’s African Property Development Award as the Best Residential Development in Egypt, 2021-2022.
Watch Video of Full Project:
Limited Units Available!
Prices Starting from: 1,105,000 LE
- Infinity Roof Pool
- Private Beach Access
- Private Gym
- Heated Pool with Jacuzzi
- Hotel serviced Apartments
- Luxurious Open Sea View
- Gated Commu


Read More

مبادرة البنك المركزى للتمويل العقارى


الضوابط والشروط التي أعلن عنها بنك مصر فيما يخص مبادرة البنك المركزي للتمويل العقاري:

1- أن يكون العميل مصري الجنسية.

2- يحق للعميل/ الأسرة الإستفادة من المبادرة لوحدة سكنية واحدة فقط بشرط عدم الاستفادة من أي مبادرات التمويل السابقة.

3- يمنح عملاء المعاش والمستفدين من المعاش بحد أقصى 65 سنة في نهاية مدة القرض بشرط سداد 40% حد أدنى من قيمة الوحدة كدفعة مقدمة من تحويل المعاش من البنك.

4- يمنح العملاء حتى سن المعاش في نهاية عمر القرض المقرر بقانون التأمينات الاجتماعية والمعاشات الصادر رقم 148 ل


Read More

Egypt allows extension of tourists permitted stay up to 5 years


Egypt has extended the period of permitted stay for tourists, Prime Minister Mostafa Madbouly announced in a Monday meeting with the Egyptian cabinet and officials from the Ministry of Tourism and Antiquities.


Under this new decision tourists may extend their period of permitted stay, originally 90 days per entry, by up to five years. Madbouly said this must be done through Egyptian consulates across the world or through the electronic visa portal.

The cabinet is also set to provide en


Read More

Cabinet approves decision on conditions for granting Egyptian nationality to foreigners


Egypt's cabinet approved on Tuesday a draft decision issued by the Prime Minister Mostafa Madbouly regulating the granting of Egyptian nationality to foreigners in accordance with Law 190 of this year.

According to the law, the prime minister is entitled to grant Egyptian nationality to those who seek it in certain cases.

Firstly, those who buy a property owned by the state or other legal personality for at least $500,000. The prime minister, in coordination with the concerned authorities, sha


Read More

CNBC Arabia Visit Sharm El Sheikh


CNBC Arabia Visit Sharm El Sheikh and Interview Mr. Tarek El Saadi – CEO -  Sharm El Sheikh Real Estate Real  


CNBC Arabia toured Sharm el-Sheikh this week. Sharm El Sheikh started in the early 1990s and has a total area of ​​about 480 square kilometers and has a population of 80,000. The city has recently witnessed a 10% rise in housing prices and increase demands.


Read More

The Egyptian government announces the granting of residence to foreigners when owning property


In a statement on Sunday, Khaled Abbas, deputy minister of housing for national projects, said that it was decided to grant non-Egyptians residence in the country in exchange for owning a housing unit. The residence is granted according to Law No. 230 of 1996 and the decision of the Minister of Interior issued in this regard, Completed residential units.

Law No. 230 of 1996 grants the right to non-Egyptians to own real estate and land. The Minister of the Interior's decision authorizes foreigne


Read More

Egypt pledges to Saudi Arabia a thousand square kilometers in south Sinai for the project NEOM


Egypt to pledge 1,000 square kilometers of land in southern Sinai to the industrial city of NEOM,

which Saudi Arabia announced last year at a cost of $ 500 billion,

a Saudi official said.The Saudi official said: "Saudi Arabia will cooperate with Egypt

and Jordan to attract European shipping and tourism companies to work in the Red Sea

during the winter." The Red Sea land is part of a $ 10 billion mutual fund that

the two countries set up late on Sunday during Saudi Crown Prince Mohammed b


Read More

Egypt economy looks up for 2018


With Egypt’s rating now changed to positive by Standard & Poor, market confidence is expected to increase in 2018 


S&P Global Ratings has revised Egypt’s outlook to positive from stable, maintaining the “B-/B” long- and short-term foreign and local currency sovereign credit ratings.

According to the report published by S&P in November 2017, the revised outlook reflects the potential of raising the rating 2018, if structural reforms that support


Read More

A promising future awaiting Sharm El Sheikh After announcing NEOM


The common area between Egypt, Saudi Arabia and Jordan that connect 3 cotenants that 10%
of the traffic crosses through it and 70% of the world population can reach it within
8 hours and is looking forward to a promising future
after the launch of the new project, NEOM.
The project is expected to divert huge investments to the area and transfer
it in to a global center designed on the latest technology that the world has not seen before.
With 500 Billion US$ of investments from Saudi Arabia,

Read More

COMESA - Africa 2017 - Sharm El Sheikh


Africa 2017 Forum is held under the high patronage of H.E. Abdel Fattah Al Sisi on 7th to 9th December 2017 in Sharm El Sheikh, Egypt, and is organized by the Ministry of Investment and International Cooperation of Egypt and the COMESA Regional Investment Agency (RIA).

The 2017 edition builds on the success of the inaugural Africa 2016, which saw participation of 6 Heads of State and more than 1,000 delegates from 45 countries. This year the programme has been enhanced with exclusive Presidenti


Read More

Sharm El Sheikh Real Estate signed exclusive brokerage agreement with Cometa resort


Sharm el sheikh real estate new addition to the market our newly launched our exclusive brokerage ready to move project Cometa resort located at Nabq Bay consist of 3 phases 

Phase 1 consist of 60 ready to move 2 bedroom residential units and it will be operational August 2017.

COMETA RESORT is very unique architecture project with innovation design and special location only walking distance from the sea. All units have garden and pool view due to the generous layout of landscape and gree


Read More

Let Us Take Care Of Your Property If You are Travelling,


Sharm El Sheikh Real Estate Taking Care Of Your Property,

Let Us Take Care Of Your Property  If You are Travelling,

Routine Inspection Would Include,

1, Visit Property ,

2, Take Photos,

3, Check On Any Damage,

4, Check On Property For Insects,

5, Inform You On The Status Of Your Property,

6, Complete Report On Your Property,

7, Property Tax Payment Per Year Fees 15 Sterling,

If You Wish We Can Organise Housekeeping While Your Away Or Before You Arrive,

Contact Us For More Details


Read More

December, 2015 Economic Updates


Due to the recent events Sharm El Sheikh city is currently facing economical issues due to the flights ban and low flow of tourists which did reflect in a negative way on tourism but unfortunately in a positive way on the property market.

The investors started moving in the market with inquiries and searching for the best available deals to invest for rental, future sales and high (ROI) Return on Investments.


Read More

Weekly Rentals





Read More

A kiss of life to Egypt's Economy and property Investment


A kiss of Life to Egypt's Economy and Democracy
Egypt has encountered 2 peaceful revolutions in the past 30 months and on the 30th June 2013 it recorded the biggest Revolution in the world attended by 33 million peaceful demonstrators, that resulted in the removal of President Morsi and the Muslim Brotherhood.  Egypt is finally moving to democracy and stability


Saudi Arabia donated 8 Billion US$


Read More

Company Update


Due to the current Situation within the property market, have downsized the company by reducing our offices and closing the Nabq Office. Unfortunately the Nabq office has not worked the way we would have liked in the past few years and has not generated the interest required to subtain it. We will continue to run the company as before from the Hadaba Office and Naama Bay Branch as well the New Cairo office selling properties world wide through our new web site


Read More

Nubia Resort Project


In the Nubia Developer meeting today we have been formally advised that there will be a price increase after 15 days effective on the 29th November.  The price increase will be between 5-10% and is now currently under discussion.

In the mean time any sales from now until the 29th November will be honoured at the current prices providing the property is reserved with a deposit. 

Instant equity available to all customers on any purchases secured by a deposit  in the next 15 days.


Read More



The best developments, architecture and interior design from across the length and breadth of Africa were celebrated at the close of a two-day Property Summit at the One & Only Royal Mirage Hotel in Dubai on Thursday, October 18th. The leading property professionals behind these outstanding projects were invited to attend the presentations of the African Property Awards in association with Yamaha and the Royal Institute of Chartered Surveyors (RICS).

Sharm El Sheikh Real Estate has been awa


Read More

Housing Is ‘Awakening From Hibernation,’ Freddie Says


on April 2, 2012

An improving economy is contributing to a gradual rebound in home prices across the country, according to mortgage giant Freddie Mac’s 2012 Economic Outlook report, released Wednesday. But there is still a way to go in the road to recovery for the housing market, the report noted. “The housing market is showing some signs of shaking off the depression-like conditions that have plagued it for much of the past few years,” according to the report. “A


Read More

Housing Crisis to End in 2012 as Banks Loosen Credit Standards


01/24/2012BY: KRISTA FRANKS BROCK  Capital Economics expects the housing crisis to end this year, according to a report released Tuesday. One of the reasons: loosening credit.
The analytics firm notes the average credit score required to attain a mortgage loan is 700. While this is higher than scores required prior to the crisis, it is constant with requirements one year ago.Additionally, a Fed Senior Loan Officer Survey found credit requirements in the fourth quarter were consistent with th


Read More



Leading real estate agents from across the length and breadth of Africa have been notified of their success in the region’s most prestigious property competition in association with Google and Bloomberg Television. SHARM EL SHEIKH REAL ESTATE is delighted to learn that it is one of the winning companies.

The gala awards presentation and Property Awards Business Summit took place on November 16th and 17th at the Burj Al Arab in Dubai. The event is part of the International Property Awards,


Read More

What have been the major growth segments in Egyptian real estate?


When you segment Egyptian real estate, the luxury end is saturated. Affordable housing and retail have a lot of room, as well as high end office parks.
To what extent do you think the recent protest will affect the real estate market? To what extent is security an issue?
The answer to those questions may be different today and six month from today. Certainly what we understand on the ground now and in the next six months, is that security and stability are issues; all eyes are on Egypt to figure o


Read More

Legal Malpractices in the Egyptian Property Market


Part (1): Purpose of Building Permission

Building permission is the legal instrument which a developer / constructor utilizes as the essential and compulsory guideline upon constructing a building, a resort…etc.

Building permission is issued by the government, which issues the license only in compliance with many other significant criteria i.e. criterion of safety, criterion of convenience, criterion on general image…etc.

Criterion of safety could be the most obvious criterion a


Read More

Rental News


“ We are happy to announce that we will be increasing our rental to 75% to help recover the economy in Sharm.  We will still be supporting a 25% discount to help our residents and locals with their situation but hopeful that tourism is on the recovery path, and we can bring our rental market back to the full price within the next 6 months, this is the first step on that path.  This is in anticipation of our tourism returning to Sharm in the next season” 


Read More

Egypt - A window of opportunity


A temporary shift in currency rates has created a window of opportunity for buyers outside of Egypt, particularly for those in the UK and Eurozone. Initially this could save as much as 8% on the sterling price of a property. With rapid currency recovery expected over the next few months, owners would stand in a very positive position, irrespective of the predicted price growth within the Egyptian Market


Read More

Sharm El Sheikh Real Estate jest dumny z uruchomienia w grudniu 2010 NTC


Nile Traveling Club Sharm El Sheikh REAL ESTATE GROUP znajduje się w naszym poprzednim biurze, Naama Bay El Guindy Street Mall, naprzeciwko klubu Pacha. Zajmują się sprzedażą wycieczek i innych usług. Wszyscy, którzy będą VIP-ami w naszym klubie ( którzy już kupili u nas) będą korzystać ze specjalnych zniżek. Jeśli potrzebujesz zniżki prosimy o kontakt pod adresem:
Fax: 002-069-3600926    


Read More

Arabian Property Awards News


Sharm El Sheikh Real Estate attended the ceremony in Dubai and received Best Real Estate agency Egypt 2010 Best Letting agency Egypt 2010 As well nominated and awarded as the best Letting agency Arabia (Arab Countries middle East and Africa)


Read More

Sharm El Sheikh Real Estate Awards


Sharm El Sheikh Real Estate is nominated as The Arabian Property Award winner 2010 Associated with Bloomberg TV for the following categories: Best Real Estate Agency Egypt 2010 Best letting agency 2010 The ceremony will take place in Dubai on the 25th October 2010


Read More

Invitation To Property Investor Show & OPP Live London Excel 14-16 October 2010


Sharm El Sheikh Real Estate with great honor would like to invite you to visit us at the Property Investor Show & OPP Live London Excel 14-16 October 2010, at the Egyptian Pavillion Stand No 500 to discus and investment opportunities.

We have purchased a number of admission tickets and would like to invite you as our guest, if you are available at these dates.

Kindly subscribe through our web site to send you the invitation

Looking forward to see you


Read More

Property Rental Market


The rental market in Sharm el Sheikh is increasing and growing and we will be increasing our rent on 1st September to grow with the market. This is great news for our department. August is a Ramadan month and quiet on the field, but we expect to pick up again in September and fly as usual. Always looking for new apartments to manage, if you or any of your companions have apartments they wish to rent out, do not hesitate to contact us at .


Read More

Sharm el Sheikh Real Estate 4 offices and new head office


Having now opened our new head office and administration offices in Hadaba. Administration head office,

Sales and Rentals office.

office 4

Sharm Mall, Bank Street,


Opposite Alfa Leila Wa Leila.

Opening hours 10am - 6pm.

7 days a week.

Administration closed on Fridays.


New sales office Naama Bay

Shop 24 Sultan Kabous Street

Maritim Shopping Arcade

Naama Bay

Sharm el Sheikh hours

10am - 12 midnight


Original Naama Bay office

El Guindy Mall

Opposite Pacha C


Read More

Monna Sharm


Monna Sharm is our second resort launched within August 2009! Close to Maraqia it offers very similar facilities. First handover takes place in less than 12 months.


Read More


Sharm El Sheikh Real Estate

Sharm El Sheikh Real Estate: Address: Shop #80, Laguna Vista Mall, Peace Road, Nabq Bay, Sharm El Sheikh, Egypt Zip Code:: 41669, PO Box: 355
Phone: 002 0122 76 76 650
Working Hours: 10:00 am – 06:00 pm
Office Closed: Friday