I am thinking of investing in a place in Hurghada in January, February or March next year

are there any lawyers out there that would advise me in that purchase

and any idea of charges

any information gratefully received

Cleo

Purchase charges seem to be fairly high in Egypt, typically £500-£1000 for legal and contract registration.

There are two ways to register your purchase;

1. Register your purchase at the courts, basically your purchase details and contract etc is legalised and is recorded, but the title deed is not in your name (option 2), you can assign the property to another person later in the same way, this is the most used system, is quicker and less costly.

2. Register the purchase in the title deed office, this can take 3-6 months, can cost more in taxes and legal costs (more running around) but you have the title deed in your name, the down side is that you can't sell your property within 5 years, and can only own two properties in Egypt.

Needless to say most people choose option 1.

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CrescentHomes real estate, TurkishLiving & EgyptianLiving forums.

thanks for all the answers Mushtaq

but it still looks like its still you and me on here. We need to encourage some more interaction so Im off to make a few posts.

looking forward to a wider debate (so I dont start to believe my own hype)

Cleo