Mar 23
Egypt is certainly the new property investment hotspot - a real ‘boom’ in the market has been occurring during recent years.
Mar 10
Generally when buying a property from a new development, prices are fixed with very little room for negotiation. Re-sale properties sometimes offer opportunity for negotiation. Payment terms vary. Cash buyers usually benefit from a discount of around 5%, or long- term credit arrangements often at 0% interest over 3 or 4 years are possible.
Mar 02
Buying property in any country in the world brings with it a number of its own advantages and disadvantages. Buying property in Egypt has much more of the former. Egypt has a stable government, a growing economy and good infra-strucutre.
Mar 01
Buying off-plan simply means purchasing a property from architects’ drawings, as opposed to a finished building. Typically these drawings are presented in the form of a sales brochure from the developer. Planning permission will have been granted, but the building work will not have been completed.