Quote:
Originally Posted by mtddagain
In my case, I was not buying touristic property on the Red Sea, which ought to have relatively simple search procedures if buying from a major developper.
The first property was a flat in Zamalek, in a building constructed in 1996, and therefore also without significant historical baggage. The registration - and by this I mean the registration of the purchase contract ay Sharia Akari - took around 3 months, but I gather that this was because I am a foreigner.
Subsequently I purchased 2 contiguous plots of industrial land in Abu Rawash Industrial Zone, and the registration was faster for some reason - about 6 weeks.
Currently I am building a villa on a plot I have purchased on the Cairo - Alex Road, which I have not yet begun to register. However, my neighbour has had his plot registered by his bank, as part of the mortgage approval process, and I have verified that the owner has title.
This thread concerns Hurghada specifically, and I have no idea how it works there: it may well be that the process is much more streamlined. And in any event legal title must be much more easily established in an area that was just government-owned sand a decade or two ago, than it is in Cairo, which has over two thousand years of contested title for virtually every square metre!
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Does that mean the Red Sea in new !!!
Or just the bits near Hurghada !
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