First you find a good place, if the appartment is already built? you sign a purchase contract in Hurghada, it takes about 3 days and afterwards the lawyer that you will hire will fix all paperwork.
If it is an investment into a complex that will be built in some time, you do not come to Egypt, sign preliminary contract by mail, pay deposit, and wait until the appartment is ready. Then the rest is simular to the above.
Property tax payable upon registration of property on your name - 3%. As far as I know there are no annual property tax.
I wonder why you do not buy in Chrnagra? It is also nice and quite near?
Regards,
Konstantin
Quote:
Originally Posted by bella323
what do I need if I want to buy a property in Egipt?
Is there any taxes?
What locations are you propose to me to look?
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