Alexandria Egypt Real Estate

Two bulldozers and a small group of men rumble through the streets of Alexandria, Egypt's second-largest city, on the outskirts of Cairo.

Construction has begun on the land on which the villa was built, and in about a month a 10 or 20-storey building may be constructed. I push myself into a minibus and watch a new, thinner building peek out of a valley of thick apartment blocks and mosques. The construction mafia has developed tactics to dismantle and legally destroy buildings, but the official monument list in Alexandria was supposed to protect them from demolition. Although the seller still has debts to secure the building, he did not register because even in the modern area of Maadi, there are fears that creditors could claim it without registration.

If a foreigner is married to a local, the obvious solution is to get the spouse to buy the property and then rent it out unfurnished, as locals do to avoid taxes. If you want another option, you can start by booking a unit in Smouha that overlooks all major roads, including the International Coastal Road and the Agricultural Road. The method of signature validity court ruling has become the dominant route for foreigners even in Sharm, which allows them to buy as many properties as they want, rent them out and sell them when and where and when they want.

There are large apartments in the area with a floor space of 145 to 175 square meters, and in this neighborhood there are also a number of small apartments, such as single and twin units. There are also services, including a cinema in a shopping center in San Stefano. Due to its proximity to the shopping malls and the hotel, this place has been crowded in recent years. In these areas you will also find a variety of restaurants, bars, cafes, shops, restaurants and hotels.

If you are looking for an apartment for sale in this part of Alexandria, check out the following links. You can find apartments in the price range from 400,000 egp to 1.5 million egp, and they can be found in a variety of locations. If you are planning to buy a house in cheaper areas, you can also look for Smouha with a selection of apartments from 1,500 to 2,200 apartments.

If you are looking for a complex that combines privacy and tranquility, while offering services and is just minutes from the heart of the city, head to El-Safwa. This residential space in the Agadir complex starts at 96 square meters, but there are possibilities to pay between 1,500 and 1.5 million EGP per square meter. In the area of Kafr Abdou there are a variety of restaurants, bars, cafes and restaurants where you can enjoy a wide selection of food and drinks, as well as a large number of shops.

Egypt recently capped the real estate price in Egypt at 1.5 million EGP per square meter, but the purchase price must be brought fully to Egypt, even if the provisions of the law are not enforced. The fees charged by the estate agents are the same as those charged by the seller, with a minimum of 1,500 and a maximum of 2,000.

A negative title certificate should be obtained from the government, which states that no property is registered with another party. You can rent for a period of 5 years, which has a tax disadvantage (see tax section).

There is an incentive to break this rule, because sixty percent of downtown Alexandria apartments are rented at controlled rents and stay with your family for 50 years. Alexandria has many neighborhoods that will meet your needs if you plan to buy a house in a 5-star neighborhood. You can go in search of Roshdy Fouad Street, Fleming or Gleem, but the neighborhoods of San Stefano and Loran are ideal for apartments, as these neighborhoods enjoy a great tranquility all year round.

Then you can have accommodation units in these beautiful neighborhoods that have an unobstructed view of the sea, so you will be safe during the summer crowds. It should also be remembered that the seas are also a great source of income for those who were born relatively far away and live in the city.

If you feel the need to live in the city centre, it is a wise decision to book a unit in Cleopatra Plaza or in the famous Azarita district. There are a number of great hotels, such as Alam El - Azhar, Al - Qasr and Amr al - Zawiya, and many more.

To complete the transfer of ownership, the sale must be registered with the local real estate department. Buyers must give their solicitor a power of attorney to act on their behalf, A procedure that, strangely enough, requires the issuance of a multiple-entry visa. Due to the highly complex registration process, Global Property Guide recommends buyers to hire their own Arabic-speaking lawyer. We plan for you and ask for permission, "says Mohamed Omar, media representative of Stanly.

More About Alexandria

More About Alexandria