Username
Password
Forgot Password? Sign Up
:: Legal Procedures
Buying a property in Egypt is perceived by local companies and individuals in the field as a straightforward procedure. Nevertheless, as a general rule, before buying any property, there are a few steps to take and issues to address in order to safeguard your investment and guarantee your peace of mind.

A deal typically starts with a private sales contract between the buyer and the seller. The buyer would take this contract and register it through the real-estate department and the notary public. However it is deemed that over 80% of property in Egypt is unregistered.

When buying a pre-owned property you must check the registration, mortgage, and tax status of this property, as this information will not appear in the property’s title deed.

A lawyer or solicitor specialized in the real-estate sector will carry out the aforementioned procedures in exchange for a fee. Real Estate Egypt can recommend such professional law firms if you so wish.

If you are the first owner of a property like a house within a new development or buying a property off-plan, above concerns will not apply, because you will be buying directly from the developer with a preliminary contract. However make sure that the land is registered by the developer. A copy of this registration document is typically enclosed with your sales contract.

Property tax in Egypt is a favorable point as it is a relatively low percentage of the property valus. Plus there is no capital gains tax, no inheritance tax and no stamp duty.

We will be with you along the way to guide you through each and every step of your property purchasing process. Real Estate Egypt will advise you on your detailed expenses, tax or other, based on your individual situation and the property you choose. We fully trust all the developers and property owners communicated through our website – a crucial point in our meticulous selection process.

Awaiting your valuable contact and inquiries.

Property Search  
 

 

© Copyright www.realestateegypt.com, 2024 All rights reserved. Disclaimer