Start Your Life Here: Sharm El Sheikh, A Complete Life Opportunity

Start your life here in Sharm El-Sheikh—a once-in-a-lifetime opportunity.


There is a difference between visiting Sharm El Sheikh as a tourist and living there as a resident or owning property there.

For residents, the city offers a lifestyle built around:

• Sunny weather most days of the year.
• Proximity to the sea and beaches.
• Diving, snorkeling, and water sports.
• Mountain scenery and desert excursions.
• Restaurants, cafes, and tourist services year-round.
• A variety of residential areas and compounds.
• The possibility of remote work.
• Health, educational, and commercial services.
• An international community driven by continuous tourism.

Marine life is one of the city's biggest attractions: the waters around Sharm El Sheikh are home to a rich diversity of coral reefs and fish, and the city sits close to world-class diving sites such as Ras Mohamed and the Strait of Tiran.

A Comprehensive Guide to Residency, Cost of Living, Property Ownership, and Investment Opportunities in 2026

For many foreigners, Sharm El Sheikh is no longer just a short vacation destination. In recent years, it has become a choice for a second home, long-term residency, remote work, and investment in tourist real estate.

This is due to a combination that's hard to find in one place: the Red Sea, sunny weather, mountain scenery, developed tourism infrastructure, and daily services that make year-round life in the city possible.

Sharm El Sheikh sits between Ras Mohamed Reserve to the south and Nabq Reserve to the north, and has grown into a fully integrated city with hotels, resorts, restaurants, shopping centers, golf courses, cinemas, and conference facilities, in addition to an international airport connecting it to a wide range of international destinations.

The Best Areas to Live in Sharm El Sheikh

Choosing the right area depends on the purpose of your residency.

Naama Bay

Suitable for those who prefer to be close to restaurants, cafes, schools, hospitals, and tourist facilities.

Shark Bay

One of the standout coastal areas, known for its proximity to diving sites and upscale resorts.

Nabq

Known for larger spaces and a quieter character in some parts, and for being close to the Nabq Protected Area.

Al Hadaba / Om El Sid

Suitable for those seeking a relatively elevated location, sea views, and proximity to services, beaches, schools, and hospitals.

Al Montazah / SOHO

Suitable for those who prefer living near modern areas, resorts, tourist services, the airport, and a distinctive sea view.

So there's no single "best area" for everyone; the right choice depends on whether the goal is permanent residence, a second home, or investment and rental.

Nature and Lifestyle

One of Sharm El Sheikh's greatest advantages is that nature isn't just a view from a hotel window; it's part of everyday life.

Residents can reach the beach, go snorkeling or diving, take a boat trip, or enjoy the mountains and desert.

Ras Mohamed Reserve is located about 20 kilometers from Sharm El Sheikh, while Nabq Reserve spans more than 600 km2 and includes mountains, dunes, beaches, and mangrove forests.

This makes the city especially suited to people who prefer a lifestyle that combines: the sea + nature + outdoor living + relaxation.

Why Can Owning a Second Home in Sharm El Sheikh Be an Attractive Option?

Instead of paying hotel costs on every visit, an owner can use their unit for vacations, with the option to generate income from it when not in use, provided the project's terms and local regulations allow it.

Here, the property shifts from being just a place to stay into an asset that can serve more than one purpose.

Monthly Apartment Rental Cost in Sharm El Sheikh

Rental prices in Sharm El Sheikh vary depending on the area, unit size, finishing quality, view, furnishing, and the services available inside and around the project.

As a rough guide, monthly rental prices for good residential apartments in sought-after areas can range between:

Prices may vary from these ranges for luxury projects, units with distinctive views, or depending on whether the unit is fully furnished.

Schools

School fees in Sharm El Sheikh vary depending on the type of school (international, language schools, etc.).

Medical Checkups

Food and Daily Services

Food costs depend on lifestyle.

• Meal at an economical restaurant: about €8.
• Meal for two at a mid-range restaurant: about €17.5.
• Fast food meal: about €7.
• Basic supermarket essentials (bread, milk, eggs): about €10.
• Liter of gasoline: about €8.
• Unlimited home internet: about €25.
• Mobile plan with calls and 10GB+ of data: about €10.

As a result, a foreigner can enjoy life in Sharm El Sheikh at a relatively low cost.

Is Sharm El Sheikh Better Suited for Residency or Investment?

The answer: it can suit both goals, but the property you choose should change depending on the purpose.

If the goal is residency, focus on:

• Location.
• Quietness.
• Nearby services.
• Finishing quality.
• Space.
• Security.
• Accessibility.
  

If the goal is investment, also consider:

• Purchase price.
• Payment plan.
• Maintenance fees.
• Rentability.
• Tourist demand.

• Project management.
• Resale potential.
• Expected return after expenses.