Apartments Near El Gouna Hurghada 2026: Best Value Properties
Get 30-40% better value with premium apartments just 5 minutes from Egypt's premier Red Sea resort
HRG Investment Team
Published: January 15, 2026
TL;DR - Quick Summary
Best Areas: Al-Wazara (5 min) & Ahyaa (10 min) districts
Savings: 30-40% cheaper than inside El Gouna
Prices: From EGP 1.5M (vs EGP 2.5M+ in El Gouna)
ROI: 12-15% yields, 18-22% appreciation
Top Projects: Amasya Resort, Avin Residences
Payment: 15% down, up to 8 years installments
📍 Looking for the complete market overview? Check our comprehensive Hurghada Apartments for Sale 2026 guide covering all areas, prices, and investment strategies.
Table of Contents
Why Buy Near El Gouna (Not Inside)
El Gouna is Egypt's most prestigious Red Sea destination - but buying inside El Gouna isn't always the smartest investment decision. The areas immediately surrounding El Gouna, particularly Al-Wazara and Ahyaa districts, offer compelling advantages that savvy investors are increasingly recognizing.
Here's the strategic insight: you can enjoy all of El Gouna's benefits- the restaurants, marina, golf course, beaches, and international atmosphere - while paying 30-40% less for your property and earning higher investment returns.
Al-Wazara District - Just 5 minutes from El Gouna with modern developments
Buying Near El Gouna
- 30-40% lower prices
- 12-15% rental yields (higher ROI)
- 18-22% annual appreciation
- 5-10 minutes to El Gouna
- New developments with modern amenities
- Flexible payment plans up to 8 years
Buying Inside El Gouna
- •Premium prices (30-50% higher)
- •10-12% rental yields
- •15-18% annual appreciation
- •Walk to El Gouna facilities
- •Established community & prestige
- •Limited new development options
Best Districts Near El Gouna
Two Hurghada districts stand out for buyers seeking proximity to El Gouna: Al-Wazara District (the closest, just 5 minutes away) and Ahyaa District (10-15 minutes, known for kite surfing). Both are experiencing rapid development with modern projects that rival El Gouna's quality.
| Feature | Al-Wazara | Ahyaa | El Gouna |
|---|---|---|---|
| Distance to El Gouna | 5 minutes | 10-15 minutes | Inside |
| 1BR Starting Price | EGP 1.56M | EGP 1.53M | EGP 3.8M+ |
| Annual Appreciation | 18-22% | 20-25% | 15-18% |
| Rental Yield | 12-15% | 14-16% | 10-12% |
| Key Attraction | Closest to El Gouna | Kite Surfing Hub | Established Prestige |
| Best For | El Gouna Access + Investment | Sports Enthusiasts + ROI | Luxury Living |
Al-Wazara District: The El Gouna Gateway
Al-Wazara District is Hurghada's fastest-growing investment zone, positioned as the gateway to El Gouna. Just 5 minutes from El Gouna's entrance, this area offers the perfect balance of value and location. New developments here feature modern architecture, generous landscaping, and amenities that rival El Gouna's best.
Al-Wazara Highlights
- 5 minutes drive to El Gouna
- 15 minutes to Hurghada International Airport
- 18-22% annual property appreciation
- New developments with 60%+ green spaces
- Growing infrastructure and road network
Featured Project: Amasya Resort
The flagship development in Al-Wazara, Amasya Resort offers 420 units across 10,500 m² with an exceptional 60% landscaping ratio. Starting from EGP 1,565,980 with 15% down payment and 6-year installments.
View Amasya Resort →Ahyaa District: The Kite Surfing Capital
Ahyaa District has earned its reputation as Hurghada's kite surfing hub, attracting a growing international community of water sports enthusiasts. Located 10-15 minutes from El Gouna, Ahyaa offers the highest rental yields in the region due to its appeal to the active tourism segment.
Ahyaa Highlights
- World-class kite surfing conditions year-round
- 14-16% rental yields (highest in Hurghada)
- Growing international community (German, Russian, British)
- Ready-to-move options available (Avin Residences)
- 20-25% annual appreciation
Featured Project: Avin Residences (Ready to Move)
The only ready-to-move project near El Gouna, Avin offers 1,300 units with Green Contract certification. Move in within 1 month. Starting from EGP 1,537,985 with a limited 25% cash discount available.
View Avin Residences →Top Projects Near El Gouna (2026)
Amasya Resort
Al-Wazara District • 5 minutes to El Gouna
From EGP 1,565,980
Delivery: December 2027
Avin Residences
Ahyaa District • 10 minutes to El Gouna
From EGP 1,537,985
Delivery: Immediate
Blue Crest
Sheraton Area • 20 minutes to El Gouna
Contact for Pricing
Delivery: 2027-2028
Investment Returns: Near El Gouna vs Inside
For pure investment returns, properties near El Gouna consistently outperform those inside El Gouna. The lower entry prices translate to higher percentage returns, while the proximity ensures strong rental demand from tourists wanting El Gouna access.
5-Year Investment Comparison: 1-Bedroom Apartment
Near El Gouna (Al-Wazara)
- Purchase Price: EGP 1,800,000
- Down Payment (15%): EGP 270,000
- 5-Year Net Rental (14%): EGP 1,260,000
- Property Value (20% avg appreciation): EGP 4,480,000
- ROI on Down Payment: 567%
Inside El Gouna
- Purchase Price: EGP 3,800,000
- Down Payment (20%): EGP 760,000
- 5-Year Net Rental (11%): EGP 2,090,000
- Property Value (17% avg appreciation): EGP 8,390,000
- ROI on Down Payment: 378%
*Calculations based on 2025-2026 market data. Actual returns may vary.
Frequently Asked Questions
Which Hurghada areas are closest to El Gouna?
Al-Wazara District is the closest (5 minutes to El Gouna), followed by Ahyaa District (10-15 minutes). Both areas offer modern developments with El Gouna-quality amenities at 30-40% lower prices. These districts are considered the best investment zones in Hurghada.
How much cheaper are apartments near El Gouna compared to inside El Gouna?
Apartments in Al-Wazara and Ahyaa districts are typically 30-40% cheaper than comparable properties inside El Gouna. For example, a 1-bedroom apartment in El Gouna costs EGP 3.8M+ while similar quality in Al-Wazara starts from EGP 1.5M.
Can I use El Gouna facilities if I live nearby in Hurghada?
Yes! El Gouna's restaurants, marina, golf course, and beaches are accessible to everyone - you don't need to live inside El Gouna. Many residents of Al-Wazara and Ahyaa districts enjoy El Gouna's lifestyle while benefiting from lower property costs. Some beach clubs offer day passes or memberships for non-residents.
Is buying near El Gouna better for investment than inside El Gouna?
For pure investment returns, yes. Areas near El Gouna show 18-22% annual appreciation vs El Gouna's 15-18%, and rental yields of 12-16% vs 10-12%. The lower entry price means higher ROI percentages. Many investors buy both - near El Gouna for returns and in El Gouna for personal use.
Find Your Perfect Property Near El Gouna
Our team specializes in the Al-Wazara and Ahyaa districts. Get personalized recommendations based on your budget and investment goals.
About the Author
Hurghada Real Estate Group - Investment Team
Our investment specialists focus on identifying high-ROI opportunities in Hurghada's emerging districts. With deep knowledge of the Al-Wazara and Ahyaa markets, we help investors maximize returns while accessing El Gouna's premium lifestyle. Our team has facilitated over 500 transactions in these growth zones.
Last Updated: January 15, 2026 | Reviewed by: HRG Senior Investment Advisors