Buying an apartment in Egypt: Features and subtleties of design
Registration of an apartment in Egypt is an absolute, full way of registration in property for those who buy real estate for themselves and do not plan to sell it or rent it out in the next 5 years. This method imposes a restriction on resale and lease for the specified period.
Investors, that is, those who buy real estate in Egypt in order to receive income, whether subsequent resale or lease, prefer to draw up a transaction by certifying the signatures of the contract in the Egyptian court. This is an absolutely legitimate way to consolidate the rights of the buyer to a real estate object, which allows at any time to dispose of the purchased real estate at the discretion of the owner. Both procedures take about 3-4 months.
To fulfill all the stages of the procedure for registering real estate, it is better to hire a local lawyer who is familiar with all the subtleties of such work.