Property ownership in Sharm El Sheikh is restricted to Egyptians and foreigners who have been granted permission by the Egyptian government. However, there are no restrictions on foreigners renting property in Sharm El Sheikh. There are a number of ways to find property for rent in Sharm El Sheikh, including through real estate agencies, online listings, and word-of-mouth. Property prices vary depending on the location and size of the unit, but long-term rentals are typically more affordable than short-term rentals. Most properties for rent in Sharm El Sheikh are furnished, and many include utilities and other amenities in the rental price. As a result, renting is a popular option for foreigners looking to live in Sharm El Sheikh on a long-term basis.