Purchased apartment in Egypt

3POSTS

3 years ago

Hello all

聽聽We just pruchased an apartment here in Cairo and now need to consider the legal aspect. My wife was borm here but has US citizenship.

(1) Do we have to register the property?

(2) Do we physically have to be here

(3) understand can anticipate paying 3% of total value

(4) Can anyone recommend a lawyer with good reputation?

Many thanks and i sincerily appreciate everyones help...have great days all!

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BasillicA New member

4POSTS

3 years ago

@DPGardnerj

Consider hiring a translator so that you can translate all documents to English and understand them. Always make sure your names are on the documents filed with the proper offices. A good honest translator is worth their weight in gold here in Egypt

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Fady fawzy Contributor

110POSTS

3 years ago

@DPGardnerj (1) Do we have to register the property?

Yes to be able to get residency on your apartment and not to be taken from you and to protect your property incase buyer can resell it , primary contract ,landlords can issue for many and the one who will own jt legally is the one who registered his peoperty and assured that seller signature is right in court ( incase you will need to sell afterwards.

(2) Do we physically have to be here :

No ,you can make a lawyer authorization for by and sell in your behalf , to register the property the property owner must attend at registration,聽 usually both buyer and seller shoukd be present .

Now the new laws this week , is to register your apartment to be able tonre sell it , you will need a court case for that , the buyer approves his signature on the apartment contract ,then to move to civil Registry and pay 3%

(3) understand can anticipate paying 3% of total value

Yes, adding to registration expenses

(4) Can anyone recommend a lawyer with good reputation?

Kind regards

Fady Fawzy Fadlallah

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DPGardnerj New member

3POSTS

3 years ago

Many thanks for the great info!

1 member reacted to this post

Norce Member

16POSTS

3 years ago

@DPGardnerj Did you buy the apartment through an Egyptian real estate agent? I am trying to contact them through sites like ReMax Avalon, which is an international company and they advertise thousands of properties in Egypt, but no one is answering my inquiries. Is there an Egyptian real estate agency which caters to foreigners wanting to move to Egypt? At this point I don't know how to start the buying process. Thanks.

Rosa Jones New member

9POSTS

3 years ago

Never buy an apartment from thief scammers聽 -聽 Red Sea Way聽聽聽- you will inherit a聽 multitude of problems. Floods indsutrial waste dumped in from of the resort/compound聽 and your complaints will be ignored. Avoid!

Gangsters Thieves!

Dr.Syed j.m Active member

36POSTS

3 years ago

@Norce yes i read your post , i was聽 also in same boat as you are today , but fortunately i dodged the opportunist , it is common every where foreigners customer may be looted by locals , but i have my local fiancee who handles all buying process very efficiently she is working and associated to help and guidance to foreign buyers with all precaution and completed all formalities very well

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