Egyptian Law - What you need to know and more

On the Sinai Peninsula, which includes Sharm El Sheikh, you can only purchase Leasehold.

Elsewhere, expect 100% Freehold to be the norm.

Red Sea Properties builders have their own legal department available to answer any questions regarding Egyptian law and how it applies to Non Residents and Tourists. The Fully qualified English Speaking Lawyers are happy to answer any questions that you may have regarding property purchase and Egyptian property law.

Areas for consideration when buying in Egypt, as you'd expect if you bought anywhere :-

• If you are buying 'off plan' the builder must own the land that the building is  being built on and there are no legal disputes in the courts over the  ownership of the land.
• Red Sea Properties builders only build on land that the builders state have the legal right to build on the land.
• Red Sea Properties builders always have the correct legal rights in  place before they build.

Only purchase from a building company where you can see previously built properties.

• Never purchase 'off plan' from a company who has never built in Egypt   before. It is advisable when transferring payments that monies are sent bank to bank to the actual building company/group in Egypt, never through an intermediary company whether they are termed 'marketing' or 'developers' in your own country. That way you are certain that your payments are received by the actual building company that is responsible for your chosen project .
• Red Sea Properties ensure that every payment goes directly to the construction company/group  responsible for your apartment project .