PROPERTY TAX - The real estate tax is levied on built properties and paid annually at the rate of (10%) of the net rental value of the property (the unit) and that private housing (the residential unit that the citizen takes as the main residence for himself and his family) is exempt even less than EGP 2 million and is subject to tax....

Preliminary selection of real estate.
Before the trip you will get acquainted with the proposals of objects that are suitable for you by parameters. At this stage, it is important to determine the budget of the planned purchase, a sufficient number of bedrooms, an area, distance to the sea, and most importantly - in order to acquire the property:...

"Green Contract" - a document that completes the state registration of ownership of property in Egypt. Green contract is the Egyptian version of "Evidence of ownership of real estate." The form, content and procedure for issuing "Certificates of property rights ..." is determined by the Law of Egypt No. 114 of 1964 (the Law on the accession of real...

Many foreighners buying property in Egypt are faced with the concept of "Tawkil." What is that? Buying property in Egypt, you need to know about the most important document that confirms your ownership of an apartment in Egypt - General Power of Attorney or in Arabic "Tawkil".