Quote:
Originally Posted by Super Shell
I would like to buy a studio in a development in Hurghada. Cost wise I would like to secure one for as little as possible (I know most people do) but as I will not be renting it out (it will simply be for my use when I visit Egypt) I will not be as concerned re things like balconies etc (although of course I would like one!)
I have been looking on here and on the net and would like to get in early on a development to get the best prices but how do you know you can trust a developer abroad? What if they take the reservation and first percent and then it all goes wrong or they go bust?
Do I need to get a solicitor in the UK or how would I find one there?
It seem's so confusing and there is so much to learn and take in but at the same time I want to move fast when I find what I want to ensure I get the best deal.
Look forward to seeing what you think  |
Hi Super Shell, there are several complexes available with studios although the prices in some have increased it is still possible to buy a studio under £20k. Also if it is peace of mind about going bust then maybe look at one already completed or almost completed again some available around £20k and some under.
There are UK solicitors dealing with Egyptian purchases and there are also Egyptian solicitors the choice is yours generally to which one you use, i can recommend a couple if required or see the solicitor thread, which i am sure queenie has pasted above. She is very efficient
If you need any more help let me know.