Yes, and it depends of the size of your property. Here you can find all information you need about the “Real Estate Tax” (in english).
This is not a mandatory procedure. However, we strongly recommend doing so as this gives you extended rights (for example, in the event of a dispute). The registration of a property in your name is an official confirmation, which is carried out by officials of the state. This process also takes considerably longer because the state will ensure that the property is legally registered and cannot be challenged. In addition, he (the state) checks the property retrospectively for possible errors or inconsistencies.
As in most parts of the world, legal advice is also recommended in Egypt. If you want, our company lawyer can help you for a fee. He reviews and checks that everything is correct and that all documents are in order before buying and selling. He then follows up throughout the process and keeps you informed.
Before we offer something for sale (including purchase), our legal department reviews so that everything is correct and correct. Should it turn out that something is not right, we do not offer or invest in any business.
Yes, when you buy an apartment you can specify all of this in the contract. A person or company can hold one / or more shares. In addition, the proportions can also be of different sizes.
Yes, transfers or sending money to or from Egypt are possible in any amount and currency and it works very quickly. In 2020, cash payments for sums of this size have become more or less obsolete due to the modernized banking system.
Our services are usually free of charge and we do not work with commission fees.