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Frequently asked questions

1 / Can a foreigner own real estate in Egypt?

Yes, this is regulated by law 230 of 1996 of Egyptian law.

2 / Do I need a visa?

All you need is a tourist visa for purchase, later it can be resolved with a title deed and a residence permit can be applied for

3 / Do I need to have an account in the Bank of Egypt?

Not during the purchase process itself.

4 / Can I rent out my apartment?

Yes, you can rent your apartment.

5 / Do I need a lawyer when buying real estate?

Yes, it is very important to have a good and trustworthy lawyer, and to authorize him to represent you in all legal acts.

6 / Do I have any guarantees for the quality of the construction?

According to the law, there is at least a 5-year guarantee for the quality of the construction, but some developers give up to a 10-year guarantee.

7 / Can I insure the property?

Yes you can, Allianz insurance and Royal& Sun Alliance are the two biggest insurance companies in Hurghada.

8 / Can I sell my property before completion?

Yes, it is possible, but it is not financially beneficial for you.

9 / Are the apartments furnished or unfurnished?

The apartments are sold both furnished and unfurnished, it depends on the seller.

10 / Is the price of the property from the developer final, or is it increased by the real estate company's commission?

Individual resorts have specific fees, the so-called service fee for maintenance, transfer of ownership if you buy from the owner and not from the resort. These fees are usually not included in the price.

11 / What are the other expenses associated with the purchase of real estate?

Other expenses are fees associated with real estate registration and legal fees.

12 / What are the costs associated with using the property?

The costs associated with the use of the property are different from case to case, depending on what you have available / swimming pools, elevator, security service, roof terrace, internet, satellite, etc. / the amount of costs is approximately from 300 EUR per year, in some resorts up to 1000 EUR per year.

13 / Can I buy a car in Egypt?

Yes, you can, but it is not possible to own it unless you have a residence visa for at least one year.

14 / Can I bring my own car to Egypt?

Yes you can, but the customs fees are very high, so it is not convenient.

15 / Can I bring my dog to Egypt?

Yes, you can bring two dogs free of charge, but they must have a license and be vaccinated.

16 / What is the best way to get to Hurghada from Slovakia?

The best way is by air from Bratislava, Vienna, Prague, Budapest and Katowice with charter flights.

17 / Approximately how much does a return ticket cost?

The price of a return ticket depends on the time of year. The highest is in the months of July and August. Its amount in other months ranges from 200 to 300 Euros

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