What do I need to know when buying property in Egypt?
When we asked expats what advice they would give a foreigner before buying a property in Egypt, they said...
"1. It is important to research the local market and understand the current trends in the area before making a purchase. 2. It is important to hire a reputable lawyer to help with the legal aspects of the purchase. 3. It is important to understand the tax implications of buying property in Egypt. 4. It is important to understand the local laws and regulations regarding property ownership. 5. It is important to understand the process of obtaining a mortgage in Egypt. 6. It is important to understand the process of transferring ownership of the property. 7. It is important to understand the process of registering the property with the local authorities. 8. It is important to understand the process of obtaining a residence permit in Egypt. 9. It is important to understand the process of obtaining a title deed for the property. 10. It is important to understand the process of obtaining a building permit in Egypt," said another expat in Egypt.
Other Questions:
- What do I need to know before retiring in Egypt?
- How do I meet people in Egypt?
- What is life like in Egypt?
- Is there a lot of crime in Egypt?
- Is there a lot of diversity? Are people in Egypt accepting of differences?
- What are the schools in Egypt like?
- Is the cost of living in Egypt high?
- What advice do you have for expats having a baby in Egypt?
- What are healthcare services like in Egypt?
- Is the cost of living in Egypt high?
- What type of recreational facilities are in Egypt?
- What is the weather like in Egypt?
- Are there good restaurants in Egypt?
- Where will I buy groceries and do other shopping in Egypt?
- What are the visa & residency requirements in Egypt?
- Are healthcare and health insurance expensive in Egypt?
- What do I need to know when buying property in Egypt?
- Are foreigners allowed to own property in Egypt?
- What appliances are typically included in a rental?
What do I need to know when buying property in Egypt?
If you live in Egypt, newcomers to Egypt would love to hear your answer to this question: