Quote:
Originally Posted by coco
Thank you very much very helpful, I will keep that in mind regarding the furniture packs thats another thing we can look at while we are out there. I thought as much regarding the rental and the low return. Do you have to use a lawyer based in egypt? would you mind pm me the contact deals of this guy or a website address that would be a great help.
Lets hope the mistakes are few and far between!
K.
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Hi Coco,
In relation to your lawyer question at the early stage all you do is have your contract from the developer and have it checked. By this I mean it is in English and Arabic. You add any terms you want into the contract and have it translated into Arabic pending the developers approval. At the early stage it is simple and fairly cheap although I know of certain lawyers over there who try and exaggerate their prices because they see us British coming.
I work as a Solicitor in the UK and have friends who are lawyers in Egypt and they keep me updated as to prices. The more complex process comes after completion ie Registration but to start the ball rolling it is straightforward and easy.
Regards
Westmids33