Use common sense & sound business practise
Hi
Wherever you consider buying, do your homework.
Its always good to start with the difficult questions to the agent, and make sure you get a direct contact with the owner as well, since your contract will NOT be with the agent.
1. get proof of ownership before paying any deposit
- if any stalling by the agent or owner, or a direct not available
- WALK AWAY
2. do not be "encouraged" into making a quick decision by a "price increase"
3. check out lots of other properties - there a good choice
4. compare like with like - make a list of everything that's included / excluded
5. try lots of forums like this one for real info, not agent views that are disguised (I'm a developer & an agent)
6. be very wary of rental schemes that promise too much
7. if you're considering spending more than £20K make sure that you can cancel at no cost within 8 weeks of signing to give you chance to fly out and have a look for yourself.
8. make sure that the facilities you "need" are guarenteed, not just "likley"
9. ask who is buying these apartments - Germans, Brits, Egyptians, Russians etc
- if you are staying here yourself, or renting to other Brits this could be a big concern
10. as a general rule "buyer beware" times 10 in Egypt
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