89 000$ , ocean 100m.
Taxes
So, you're already acquainted with their rights as owner of the property.
Tip 2.
Learn what tax and utility payments you have to do. Tax laws favor the acquisition of real estate.
- Owners of property worth less than 500,000 Egyptian pounds (about $ 91000) - exempt from property tax.
- At sites worth 500,000 Egyptian pounds (about $ 91000) - a tax of 30 Egyptian pounds (about $ 5,5) per year
- At the facility cost of one million Egyptian pounds (about $ 182,000) - the tax is 660 Egyptian pounds (about $ 120.5) per year
- At the facility cost of two million Egyptian pounds (about $ 364,000) - the tax is 1920 Egyptian pounds (about $ 352.2) per year
- When you sign the contract to purchase real estate in court, the buyer pays a one-time state tax of 3% of the value of an object.
Utility expenses
- gas ($ 3 per bottle, which lasts for 1-5 months.)
- Electricity and water are paid by the meter
- garbage collection ($ 10 per month.)
- landline (per minute fee for various tariff plans)
The average utility cost to the owner about $ 50 a month.
Tip 3.
. Successful investments!
Egypt publications
- Egypt map
- Cairo
- Citadel of Cairo
- Information for doubters
- The order of buying property in Egypt.
- Features of measuring the area of real estate
- Ownership of the Egyptian real estate.
- El Gouna - Egypt Venice
- Red Sea resorts

