Status
Type
Region







Price
Bedrooms

16 300$ , ocean 800m.

The order of buying property in Egypt.

So, you met with the rights of the owner of the Egyptian Real Estate and the cost of taxes and utilities. It's time to make concrete steps to your dream.

Tip 4.

Carefully read the procedure for buying real estate

The process of buying property in Egypt is simple and works perfectly well:

The successful cooperation between Russian and Egyptian real estate agents can quickly and accurately as possible to respond to any queries customers. When buying real estate in Egypt suggest that you follow these guidelines:

  • Customers familiar with the proposed sites with the help of the Internet.
  • together with the Russian agency organizes sea tour in Egypt, which allows you to get acquainted with the country (climate, customs, etc.) and also in place with all parties to explore the dream place that usually determines the final choice of the buyer.

And now look at all the details:

  • You select one or more suitable options for you and tell us about them.
  • Employees of real estate agency checks to see if they are available at the moment and clarify their value.
  • Then you come to Egypt to inspect the facilities and processing the transaction. To do this, you can purchase trip ticket or ticket prices and rent an apartment for the required period.
  • Employee agency negotiates viewing objects at a convenient time for you. You inspect the facilities and have chosen to one of them.

After a detailed study of the object purchases on the spot, in the office real estate agency contract with the company's counsel for legal services and the transaction.

The cost of legal services include:

  • renewal of tourist visa (as a tourist visa does not entitle foreign nationals to perform real estate transactions in the Arab Republic of Egypt)
  • clearance notarized power of attorney to a lawyer. Paperwork is conducted in Russian and Arabic
  • contract fee for service real estate agency (up to 5% of the price specified in the contract of purchase).

Warning To make a purchase transaction need your passport ..

Power of attorney to a lawyer

The first thing to do - to issue a notary public attorney in the name of a lawyer who will represent your interests associated with buying real estate.

To get power of attorney to provide your interests should re-register a tourist visa. For this service passport control available passport and completed application form with your data, in any form. At all stages, from inspection of property prior to completion, you will be accompanied by a lawyer. The procedure for re-registration of a tourist visa is usually no more than two hours - from 09.00 to 11.00.

After re-registration of tourist visa at the notary public attorney issued by a lawyer necessary for the transaction.

After all the preparatory stages of the transaction occurs on the purchase of the property:

  • In the office of a contract purchase - sale (contract) between the owner of the object (the seller) and you (the buyer), which specifies the subject and conditions of purchase, the responsibility of the parties.
  • Payment of the object of purchase and sale of the contract and pay commission company. In the case of a deposit or installment payment is preliminary contract of sale. When signing the preliminary contract should be made from 10% to 50% of the irrevocable deposit, but you can and pay all at once. If full payment is the final agreement.
  • In a public notary's office draws to you the seller (buyer) general irrevocable power of attorney (Taukil), which we recommend that you carefully examine you and your lawyer on your property that you are going to buy. Irrevocable Power of Attorney can be issued only if 100% payment under the contract.

Try to trace the entire chain, which was property from the builder to the seller, this will help avoid any unpleasant surprises. Do not hesitate to ask me for any reason, advice from a lawyer accompany you.

Passport - a mandatory and sufficient document you require to make a deal with the real estate in Egypt.

We strongly recommend that you register in the court of contract to purchase real estate.

Within two (three) months after the buyer receives a certificate of ownership, with all this time in the territory of Egypt, not necessarily.

In the RF legislation:

  • individuals resident of the Russian Federation may acquire foreign currency residential property located outside of Russia and to be so in accordance with the laws of the country of its location, as well as receive other rights to overseas property.
  • Citizens of the Russian Federation may take out a lump sum for the border of Russia, subject to customs regulations, foreign currency cash in the amount not exceeding the equivalent of 10000 U.S. dollars.
  • Resident Russia has the right to open accounts in foreign banks and their branches located in other foreign countries.

Today, Egypt is among the ten most popular countries for investment in real estate. Demand for residential property in Egypt, among the Russians, is stable and high, which proves that the value of real estate in this country in the coming years will grow steadily - so that such investments are not only justified but also very profitable.

In conclusion, we suggest to deal with serious and proven estate agency.

Offers these agencies can be found in our database Egyptian resort real estate.

Excellent investment!


Egypt publications