Payment is possible in cash or by bank transfer. The currency is discussed individually for each object.
Do I need an Egyptian bank account to purchase real estate?
There is no need to open an account.
Are there any taxes on real estate?
Yes, there is a small tax. It depends on the price of the apartment. It is paid once a year.
Is it possible to purchase real estate online?
Yes, it is possible. Please specify the details additionally.
Sale of real estate
What taxes and fees are paid when selling real estate?
When selling real estate, you need to pay the annual property tax and provide utility bills.
How to determine the price of a property in preparation for sale?
To do this, you need to study the market situation, take into account the location of the facility, its technical condition, infrastructure development and the level of customer interest.
Rental of real estate
What are the requirements for renting out housing?
It is necessary to agree on the terms of stay, draw up a contract, fix the amount and procedure for paying additional expenses (indicating the person responsible for the contract), make an insurance deposit and prepayment for the reservation.
What unforeseen expenses may arise during the rental process?
In addition to utilities, there may be repair costs in case of property damage, as well as an insurance deposit. Mandatory utility bills include electricity, water‑ and Internet services.