Guide to Purchasing Property in Egypt for Non-Egyptians: - Familiarize yourself with the legal requirements and regulations concerning property ownership in Egypt. It's crucial to understand the laws governing foreign ownership, eligible property types, and any restrictions or limitations. - Consider engaging a qualified real estate agent or lawyer who specializes in assisting non-Egyptian buyers. They can navigate the complexities of the Egyptian real estate market, provide guidance, ensure compliance with legal procedures, and safeguard your interests throughout the purchasing process. - Prior to buying a property, conduct thorough due diligence. Verify property ownership, confirm legal documentation, and assess any outstanding debts, liens, or encumbrances. It's vital to ensure the property is free from legal disputes or issues. - Non-Egyptians must obtain government approval from the Ministry of Defense and the relevant governorate where the property is located. This approval is necessary for transferring ownership and registering the property in your name. Your real estate agent or lawyer can assist you with this process. - It's advisable to hire a certified translator proficient in Arabic to accurately translate and explain the contents of legal documents related to the property transaction. This ensures you understand the contract's terms and conditions, promoting transparency. - Once you've selected a property, a purchase agreement or contract will be prepared. Ensure that all terms and conditions, including the purchase price, payment schedule, and any additional clauses, are clearly stated and mutually agreed upon. It's wise to have your lawyer review the contract before signing. - If you require financing for the property purchase, explore the options available to non-Egyptians. Local banks may offer mortgage loans to foreign buyers, but the terms and eligibility criteria can vary. Consult with financial institutions to understand the requirements and the financing process. - Upon completion of the purchase, it's crucial to register the property with the relevant government authorities, such as the Real Estate Registration Office. This involves registering the transfer of ownership and obtaining the necessary documentation to establish your legal ownership of the property. - Consider the tax obligations associated with property ownership in Egypt. Non-residents may be subject to specific taxes, such as property taxes and capital gains taxes. Seek advice from a tax advisor to ensure compliance with tax regulations and gain clarity on your tax liabilities. - Throughout the buying process, seek professional advice from experts knowledgeable about the Egyptian real estate market. They can provide insights into local market trends, assist with negotiations, and help you make well-informed decisions.
Uptown Cairo is located in Uptown Cairo, Mokattam. The developer of Uptown Cairo is Emaar Misr.
The completion date for Uptown Cairo is and the finishing for the properties are Fully Finished.
The starting price of properties in Uptown Cairo is 10,023,888 EGP with a price per sqm of 36,527 EGP. The downpayment for a property in Uptown Cairo is starting at 5% or 501,194 EGP. The number of installments for a property in Uptown Cairo is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Uptown Cairo 119,332 EGP
Upturn - New Narjes is located in New Narjes, New Cairo. The developer of Upturn - New Narjes is Upturn For Real Estate Inv..
The completion date for Upturn - New Narjes is and the finishing for the properties are Fully Finished.
The starting price of properties in Upturn - New Narjes is 2,200,000 EGP with a price per sqm of 15,613 EGP. The downpayment for a property in Upturn - New Narjes is starting at 30% or 660,000 EGP. The number of installments for a property in Upturn - New Narjes is 16 installments and has a payment plan of 4 years. The monthly payment of a property in Upturn - New Narjes 45,833 EGP
Granvia Serrano is located in R7, New Capital. The developer of Granvia Serrano is New Plan Developments.
The completion date for Granvia Serrano is and the finishing for the properties are Fully Finished.
The starting price of properties in Granvia Serrano is 10,397,000 EGP with a price per sqm of 116,129 EGP. The downpayment for a property in Granvia Serrano is starting at 15% or 1,559,550 EGP. The number of installments for a property in Granvia Serrano is 24 installments and has a payment plan of 6 years. The monthly payment of a property in Granvia Serrano 144,403 EGP
Rock Eden is located in October Gardens, 6th October. The developer of Rock Eden is El Batal Group.
The completion date for Rock Eden is and the finishing for the properties are Fully Finished.
The starting price of properties in Rock Eden is 2,750,000 EGP with a price per sqm of 15,714 EGP. The downpayment for a property in Rock Eden is starting at 35% or 962,500 EGP. The number of installments for a property in Rock Eden is 12 installments and has a payment plan of 3 years. The monthly payment of a property in Rock Eden 76,389 EGP
Sun Capital is located in October Gardens, 6th October. The developer of Sun Capital is Arabia Holding.
The completion date for Sun Capital is and the finishing for the properties are Fully Finished.
The starting price of properties in Sun Capital is 3,100,000 EGP with a price per sqm of 28,900 EGP. The downpayment for a property in Sun Capital is starting at 10% or 310,000 EGP. The number of installments for a property in Sun Capital is 28 installments and has a payment plan of 7 years. The monthly payment of a property in Sun Capital 36,905 EGP