Foreigners must obtain approval from the Ministry of Defense and the relevant governorate. A qualified real estate agent or lawyer can assist with this process.
Yes, non-Egyptians can own property in Egypt, but there are restrictions on the type and location of properties they can purchase.
While not mandatory, it is highly recommended to hire a real estate agent or lawyer to navigate the complexities of the Egyptian real estate market and ensure compliance with legal procedures.
Foreigners can buy residential properties, commercial spaces, and vacation homes, but certain areas and types of properties might have restrictions.
The process includes obtaining government approval, conducting due diligence, signing a purchase agreement, and registering the property with the Real Estate Registration Office.
Yes, some local banks offer mortgage loans to foreign buyers, though terms and eligibility criteria can vary.Are there financing options available for foreigners buying property in Egypt?
Conduct thorough due diligence to verify property ownership, legal documentation, and check for any outstanding debts, liens, or legal disputes.
Foreign property owners may be subject to property taxes and capital gains taxes. Consulting a tax advisor is recommended for clarity on tax liabilities.
Prime locations include New Cairo, Alexandria, Red Sea, North Coast, and the New Administrative Capital.
The purchase agreement should include the purchase price, payment schedule, and any additional clauses. It's advisable to have a lawyer review the contract before signing.
The timeframe can vary, but it generally takes a few months from the initial agreement to the registration of the property.
Costs include legal fees, registration fees, taxes, and potentially agent commissions. It's important to budget for these additional expenses.
Yes, foreigners can sell their property in Egypt. However, they must comply with local regulations and may be subject to capital gains tax.
There are generally no restrictions on the resale of property, but it is important to ensure compliance with all local regulations and tax obligations.
Conduct thorough due diligence, including checking for any outstanding debts, liens, or encumbrances. Engaging a lawyer can help in this process.
The Real Estate Registration Office is responsible for registering property transactions and ensuring the legal transfer of ownership.
Look for agents with a good reputation, positive reviews, and those who specialize in assisting foreign buyers.
Payment plans vary by developer but often include options for installment payments over several years, with down payments ranging from 5% to 30%.
Trends include sustainable development, digitalization, and the growth of smart cities. The market is influenced by population growth, urbanization, and government incentives.
The City of Odyssia is located in Al Mostakbal City, New Cairo. The developer of The City of Odyssia is Al Ahly Sabbour Developments.
The completion date for The City of Odyssia is and the finishing for the properties are Fully Finished.
The starting price of properties in The City of Odyssia is Ask for price with a price per sqm of Ask for price. The downpayment for a property in The City of Odyssia is starting at Ask for price or Ask for price. The number of installments for a property in The City of Odyssia is 36 installments and has a payment plan of 9 years. The monthly payment of a property in The City of Odyssia Ask for price
Zed East is located in New Kattameya, New Cairo. The developer of Zed East is Ora Developers.
The completion date for Zed East is and the finishing for the properties are Fully Finished.
The starting price of properties in Zed East is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Zed East is starting at Ask for price or Ask for price. The number of installments for a property in Zed East is 32 installments and has a payment plan of 8 years. The monthly payment of a property in Zed East Ask for price
Capital Heights 2 is located in R7, New Capital. The developer of Capital Heights 2 is Safwa Urban Dev. (SUD).
The completion date for Capital Heights 2 is and the finishing for the properties are Fully Finished.
The starting price of properties in Capital Heights 2 is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Capital Heights 2 is starting at Ask for price or Ask for price. The number of installments for a property in Capital Heights 2 is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Capital Heights 2 Ask for price
Midtown Solo is located in R7, New Capital. The developer of Midtown Solo is Better Home.
The completion date for Midtown Solo is and the finishing for the properties are Fully Finished.
The starting price of properties in Midtown Solo is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Midtown Solo is starting at Ask for price or Ask for price. The number of installments for a property in Midtown Solo is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Midtown Solo Ask for price
Rivan is located in R7, New Capital. The developer of Rivan is Altameer Arabian.
The completion date for Rivan is and the finishing for the properties are Fully Finished.
The starting price of properties in Rivan is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Rivan is starting at Ask for price or Ask for price. The number of installments for a property in Rivan is 40 installments and has a payment plan of 10 years. The monthly payment of a property in Rivan Ask for price
De Joya is located in R8, New Capital. The developer of De Joya is Taj Misr Developments.
The completion date for De Joya is and the finishing for the properties are Fully Finished.
The starting price of properties in De Joya is Ask for price with a price per sqm of Ask for price. The downpayment for a property in De Joya is starting at Ask for price or Ask for price. The number of installments for a property in De Joya is 40 installments and has a payment plan of 10 years. The monthly payment of a property in De Joya Ask for price
Bo Islands is located in Alamein, North Coast. The developer of Bo Islands is Maxim Developments.
The completion date for Bo Islands is and the finishing for the properties are Fully Finished.
The starting price of properties in Bo Islands is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Bo Islands is starting at Ask for price or Ask for price. The number of installments for a property in Bo Islands is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Bo Islands Ask for price
Katameya Coast is located in Dabaa, North Coast. The developer of Katameya Coast is Starlight Developments.
The completion date for Katameya Coast is and the finishing for the properties are Fully Finished.
The starting price of properties in Katameya Coast is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Katameya Coast is starting at Ask for price or Ask for price. The number of installments for a property in Katameya Coast is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Katameya Coast Ask for price
Silversands is located in Sidi Heneish, North Coast. The developer of Silversands is Ora Developers.
The completion date for Silversands is and the finishing for the properties are Fully Finished.
The starting price of properties in Silversands is Ask for price with a price per sqm of Ask for price. The downpayment for a property in Silversands is starting at Ask for price or Ask for price. The number of installments for a property in Silversands is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Silversands Ask for price