Real Estate in Egypt
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mail: irisestate.redsea@gmail.com
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Interest in real estate in Egypt has grown in recent years:

More and more foreigners are willing to invest in this sector of the local economy, not only in vacation spots like Hurghada and Sharm El Sheikh, but also e.g. B. Alexandria and Luxor. Regarding this point, it is desirable to remember that real estate acquisition gives foreigners the right of ownership of the real estate anywhere in the country except the Sinai Peninsula. In Sinai is due to its special, economic and political situation to sign a long-term lease for 99 years.

Acquisition of real estate by foreigners in Egypt is regulated by several laws, according to which foreigners can z. B. acquire no more than 2 properties for each person or family member (close relative) in this country. The area of each property should not exceed 4000 m². (Act 230, 1996).

Our experienced lawyers can clarify further tips for buying a property in Egypt.

See you soon in sunny Egypt!
Tel.: +2 0109 0 55 2 888
E-mail: irisestate.redsea@gmail.com
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