There are essentially 2 systems of registration in Egypt, one is formal but has clear disadvantages as you have indicated in that you are not allowed to sell the property for a period of 5 years without the permission of the Prime Minister and also you are not allowed to own more than 2 properties. The fees are a little hazy because there are "extra" payments that are made in order to expedite the procedures without which the procedure can take twice as long from around 4 months to 8 months. Alternatively, there is also a system of registration at court which is a lot cheaper and quicker and by this method you can own as many properties as you like and sell when you like. If the Egyptian Government wish to steer overseas investors into registering their property with their Land Registry then they must review the current restrictions, procedures and costs for doing so. You will undoubtedly need proper legal advice and representation to ensure it is all done properly. We know a UK lawyer who can help you if you wish as he acted for several buyers in Egypt.
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