Home » Egypt » Egypt – Selling Property

Egypt – Selling Property

Procedure for Selling a Property Yourself

-Listing your property for sale: Advertise your property through online classified websites, real estate agents, or property developers. Make sure to provide a detailed description of your property along with high-quality images.
-Negotiating with potential buyers: Once you receive interest from potential buyers, negotiate the price and terms of the sale.
-Drafting a sales agreement: Hire a lawyer to draft a legally binding sales agreement, which includes details of the sale price, payment terms, and ownership transfer.
-Signing the agreement and transferring ownership: Sign the sales agreement with the buyer, pay any taxes and fees, and transfer the ownership of the property to the buyer.

Capital Gains Tax

-Capital gains tax applies to the sale of a property in Egypt, with the rate ranging from 20% to 25% depending on the value of the property.
-Capital gains tax must be paid within 30 days of the sale of the property.

Ease of Selling a Property Yourself

-Selling a property yourself in Egypt can be challenging, especially for those who are unfamiliar with the real estate market and legal procedures.
-It may be more efficient to work with a real estate agent or property developer, who can assist with the sales process and ensure that all legal requirements are met.

Property Exchange in Egypt

-Property exchange is not a common practice in Egypt, with most sales being conducted through direct purchase or through real estate agents and property developers.

Relevant Contact Information

-Egyptian Federation for Construction and Building Contractors: +20 2 27366777, info@efcbc.org, http://efcbc.org
-Egyptian Real Estate Regulatory Authority: +20 2 2735 5577, info@erera.org, http://erera.org


Latest Videos

Expat Focus

848 subscribers

Move abroad easily with Expat Focus.

Expat Focus
How easy is it for a foreigner to find a job in Denmark, if they haven’t been fortunate enough to line up something for when they arrive? What sectors are they most likely to find work in, and what are some need-to-knows about Danish workplace culture? My guest to answer all of these questions and more is Kate Dahl, a career consultant for internationals in Denmark.

How easy is it for a foreigner to find a job in Denmark, if they haven’t been fortunate enough to line up something for when they arrive? What sectors are they most likely to find work in, and what are some need-to-knows about Danish workplace culture? My guest to answer all of these questions and more is Kate Dahl, a career consultant for internationals in Denmark.

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_WxdwaxP4LIg

Expat Careers In Denmark

Expat Focus 25 September 2023 11:00 am

Writer and Editor Kirsten Raccuia is known for her Sand in My Curls blog, which until recently, was all about her expat life in Malaysia. We last spoke at the height of the global pandemic, when she and her husband were closing in on a decade in Penang. Fast-forward a couple of years, and they’re in a new country, Mexico. I’m chatting with Kirsten again to find out what factors influenced their decision to move, and why Mexico? And what it was like to close the Malaysia chapter of their life abroad.

Writer and Editor Kirsten Raccuia is known for her Sand in My Curls blog, which until recently, was all about her expat life in Malaysia. We last spoke at the height of the global pandemic, when she and her husband were closing in on a decade in Penang.

Fast-forward a couple of years, and they’re in a new country, Mexico. I’m chatting with Kirsten again to find out what factors influenced their decision to move, and why Mexico? And what it was like to close the Malaysia chapter of their life abroad.

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_2iutaBgsCRk

Moving From Malaysia To Mexico

Expat Focus 15 August 2023 3:23 pm

A topic that comes up quite often in our Facebook groups is moving abroad with children. What’s the ideal age? Especially if they're going to need to learn a new language? What about the best time of year to move? And how do you make the assimilation process, from learning new cultural norms to making new friends, as smooth and enjoyable as possible? My guest today is someone who can speak from experience. Sharon Green is the founding editor of online publication SHE DEFINED. And in 1998, just before she turned 12, Sharon migrated with her family from Durban in South Africa to Melbourne in Australia. Sharon’s going to share her experience of being a third culture kid, and how it has shaped her sense of belonging as an adult.

A topic that comes up quite often in our Facebook groups is moving abroad with children. What’s the ideal age? Especially if they're going to need to learn a new language? What about the best time of year to move? And how do you make the assimilation process, from learning new cultural norms to making new friends, as smooth and enjoyable as possible?

My guest today is someone who can speak from experience. Sharon Green is the founding editor of online publication SHE DEFINED. And in 1998, just before she turned 12, Sharon migrated with her family from Durban in South Africa to Melbourne in Australia.

Sharon’s going to share her experience of being a third culture kid, and how it has shaped her sense of belonging as an adult.

YouTube Video UCB21b-C4O2aXm7H18_GsXMQ_62EMRLnSni4

Growing Up As A Third Culture Kid In Australia

Expat Focus 26 July 2023 6:48 pm

Load More... Subscribe
This error message is only visible to WordPress admins

Important: No API Key Entered.

Many features are not available without adding an API Key. Please go to the YouTube Feed settings page to add an API key after following these instructions.