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lot НК223 APARTMENTS ON THE SEA COST. PRIVATE BEACH. 16 625 EURO
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lot GA043 GA043 2 bedroom apartment in South Marina, El Gouna
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lot HA425 PROPERTY IN EGYPT. BUY 2 BEDROOM APARTMENT IN El GOUNA WITH 110 000 EURO
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lot HA589 HA589 SUPER HOT OFFER!Buy apartment for in Hurghada,Intercontinental.
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lot HA602 HA602 Wonderful three bedrooms apartment with private entrance and terrace!Close to the beach!
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lot HK123 Property for sale in Egypt. HK123 Studios and Apartments for sale in new Project!!! Only 400 meters to the sandy beach 6 650$. Pounds Sterling 5 315
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lot HK157. HK157 Property in Hurghada.Red Sea Property.Compound with private beach!
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lot HK227 Apartment on sea coast. To buy apartment on Red Sea. Front line. 80 000 $ !!! HK227 TWO BEDROOMS APARTMENT IN SAHL HASHEESH. Compound with private beach and pool.
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lot HK279 Property in Egypt HK279 Apartment for sale in Egypt. Apartment in residential compound with swimming pool.
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lot HK303 HK303 Property in Egypt. Buy apartment in Hurghada, Sahl Hasheesh.
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lot HK327 HK327 BRIGHT & SPACIOUS 1 BEDROOM APARTMENT IN THE ONE OF THE BEST COMPOUND IN HURGHADA.
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lot HK363 HK363 Property in Egypt.Two bedroom apartment in Makadi.Re Sale with Hot price!
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lot HV153 Only 350 000 EURO villa in residential compound with swimming pools and private beach HV153 Ocean Breeze. Villa front line with the private beach.
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lot HV177 HV177 Twin Villas with panoramic sea view in Sahl Hasheesh for sale. Buy property in Egypt
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lot HV178 HV178. Buy property in Sahl Hasheesh. Villa for sale in Sahl Hasheesh
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lot HV191 HV191Buy villa in Hurghada.Red sea vproperty.Cozy villa with private beach in Touristic center !
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lot HV192 HV192 Villa on the Red sea.Cozy villa with private garden in Makadi.
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lot MA001 Property in Egypt MA001 EGYPT. PROPERTY IN MARSA ALAM. BUY APARTMENTS ON NEW 5* RESORT !
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lot MV 002 Amazing villa on sea coast with private garden, beach, pool and free entrance in hotel 5 stars. Overseas property. Egyptian Riviera. Properties for sale in Egypt. Homes by the sea.
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lot HK333 PROPERTY IN EGYPT. СHALET IN STELLA MAKADI 5*RESORT.
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lot HA520 Buy a flat in El Gouna!!! City Center, Apartment in El Gouna, flat for sale in El gouna Water Side Condos,beside cable park, swimming pool + beach, property in Egypt
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Legalization of property in Egypt
A registration/legalization process through the court should apply (signature validity court verdict). The investor can resell or rent the property anytime. It usually takes between 6 and 8 months to approve the decision of the court, therefore, the property to be legalized.
The following steps must be taken in order to legalize the property through the court:
a. A purchase contract should be drawn up. The validity of the sale depends on the terms of the contract. So it is essential for the purchaser to have a detailed contract, defining the property boundaries, the purchase price, the method of the acquisition of the rights of the previous owner, and the method of payment. The contract must be in Arabic, so that Arabic is the only language recognized by the courts.
b. Purchasers must issue a power of attorney to their lawyer so that he can act on their behalf in order to proceed with all works for the legalization. Then the lawyer files a legal suit to obtain a court verdict certifying that the signature on the sale contract truly belongs to the seller (This is the 'signature validity court verdict'). This suit will take between 6-8 months.
It is therefore important to investigate the registration carefully. The lawyer helps to ensure that the property being sold is truly owned by the seller, and after sale, the buyer usually gets the title registered (or otherwise) under his/her name legally.
Property in Sharm El Sheikh cannot be registered.
Property in Sharm El Sheikh follows a different regime, because an administrative decree issued in 2005 abrogated the 1996 law for property in Sharm el Sheikh.
Under the decree, foreign purchasers in Sharm el Sheikh cannot acquire freehold rights, but only 99 year leases. They must therefore follow by imperative the above mentioned procedure ‘signature validity court verdict’, as well as various other steps.
The ‘signature validity court verdict’ method could become the dominant route to establish the foreign purchaser´s rights even outside Sharm, because it allows the foreigner to buy as many properties as he likes, rent and resell them anytime.
The only relevant point is that in Sharm the purchaser will only acquire 99 years leasing rights over the property, while in Hurghada, Sahl Hasheesh etc there will be freehold property.
