Real state in Egypt

Every year, an increasing number of foreign clients are seeking to invest in real estate in Egypt's attractive resort towns, notably Sharm El Sheikh. This destination offers a perfect winter escape, with an inviting climate averaging between 25°C and 28°C. However, the allure of these investments can sometimes lead to pitfalls. We strongly advise prospective buyers to remain vigilant and not be swayed by flashy advertisements or the recommendations of recent Egyptian acquaintances eager to promote certain properties. It’s essential to conduct thorough market research, comparing prices from various companies and local sellers. Consider consulting with a local resident to gain insights into fair pricing before making any decisions. By being informed and cautious, you can ensure that your investment is both sound and rewarding in this beautiful region of Egypt.

• There is a convenient way to control the transaction for the sale of real estate in Egypt. The parties must comply with all the items listed in the Law on the legalization of purchases in notary departments, registration authorities, as well as all other units from the legal list in the Law .

• There is another way to force the seller to act on the basis of the Law and complete the entire list of documented actions for the transfer of property. This is a way in which you yourself have the right to act on behalf of the seller, if he, in turn, refuses to complete the entire procedure.

  Both methods lead to the same results with only one difference: the first is without a court order, and the second one is on the basis of a judge’s decision.

  In accordance with the above, everyone who wants to go through the procedures for registering real estate in Egypt must complete the following steps:

• Notify the notary office (Shagr Elakari) of the intention to act and form a request about it.

• Register the right to property in a special form after completing all the necessary actions with the contract for the sale of an apartment (villa, house, land) in Egypt. The Buyer receives a very important advantage – he has the right to his own protection against everything illegal at his own will or at the will of non-performance of tasks on the part of the Seller. For example, sometimes agencies or sellers of real estate in Egypt offer the same properties to many participants, replacing one contract with another in order to obtain excess profits or fraud when buying property in Egypt. The last accepted contract for the sale may serve as a legal obstacle to the completion of the transaction. This is done to obtain the full rights of the seller to the land or apartment .

  In this way, foreign citizens who bought apartments in Hurghada (Sharm El Sheikh or Cairo) for their own safety must notify the notary office about the start of the procedure and receive a request number in order to protect themselves by law.

  If all the steps for real estate registration are carried out correctly and on time, then the law will always be on the side of the buyer: carefully study both versions of the sale and purchase agreement and even what is written in small font, hire a specialist lawyer to represent your interests in the transaction. After the registration procedure is completed, you have a very strong legal protection, in which neither the seller nor the agency can claim your property.

  We offer services for conducting transactions for the purchase of an apartment in Egypt, as well as for resolving issues of fraud, incomplete objects, non-completion of objects on time, non-return of funds and other issues in court.

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