Frequently Asked Questions
Question about selling
The value of real estate in Egypt is constantly rising, due to the political, security and economic
stability over the past 6 years
Real estate stability in Egypt, especially in Hurghada, considering that it is one of the coastal and
tourist cities at the same time is very profitable, and the investor can find attractive and
successful opportunities at the present time.
We recommend entering real estate investment at the present time, due to the presence of
stability in the tourism aspect, which is attractive to real estate investment,
The country that operates without tourism is the shortest period in tourism investment, but in
Hurghada it is very good, which makes investment opportunities strong, whether buying or
selling real estate
Also, there are many requests at the present time, and I think that it is very good in increasing
prices for the current investor who is thinking of entering the real estate market.
Honesty, no
Unless it is in good condition in terms of construction and external, internal maintenance of the
building, as well as for the unit.
Real estate investor is bought for more than one reason:
First, for living only
Second: for living and investment
Third: For rent and benefit from it a fixed income,
Fourth: For sale after a long or close period (investment only)
In the fourth case, which is direct investment, there are some units that were not used for living
before, and sellers are offered for sale, who has not lived in them before and wants to sell them
to make some profits, and this is considered an old house, and in this case it becomes Valid for
purchase if the conditions mentioned above are met,
We also note that the unit is for sale and is old built, if with good condition, but cannot
compared to the price of a newly built unit at today's price
The broker is your real estate advisor,
He is the person you can rely on in choosing your real estate investment,
It must have some characteristics, such as:
the Truthfulness and honesty.
Full study of anything he sells.
Know the advantages and disadvantages of each investment he has for sale.
A complete study of past and current prices in the market of the areas he sells.
If he has these qualities, he deserves to serve you for a small commission.
We recommend choosing an experienced real estate broker with experience in real estate marketing, and not just someone who has an apartment at a price that is suitable for you.
Of course, it is possible to make private insurance on the unit, and there are many insurance
companies in Egypt that work on this.
In addition to many types of insurance, including fire or natural disasters.
As for the real estate tax:
It is a percentage of up to 2.5% of the total price of the unit sold, and it is the responsibility of
the seller, and it can be exempted from it, if it is proven that it is his private residence.
Because the Egyptian government gives an exemption from paying real estate tax in this case.
Therefore, you, as a new buyer, do not pay anything now.
There are many suitable ways in Egypt that give a good scope for investment without any
obstacles
The loan procedures in Egypt from the bank for real estate financing may take some time, for a
period of up to two months
But the current real estate financing in Egypt is very good
Because it allows real estate financing for a period of up to 30 years and a fixed interest of 3%,
and this is the lowest interest in real estate investment over the past years, which confirms my
words that Egypt cares about real estate and always studies the best for investors
Real estate financing in Egypt is limited to Egyptians only
But we at Red Sea Pro are able to find for foreigners a good investment and can be paid over a
number of years, up to 7 years in some projects and without any bank interest
As I said earlier, we are here to find good investment opportunities for every client
Question about renting
The value of real estate in Egypt is constantly rising, due to the political, security and economic stability over the past 6 years
Real estate stability in Egypt, especially in Hurghada, considering that it is one of the coastal and tourist cities at the same time is very profitable, and the investor can find attractive and successful opportunities at the present time.
We recommend entering real estate investment at the present time, due to the presence of stability in the tourism aspect, which is attractive to real estate investment,
The country that operates without tourism is the shortest period in tourism investment, but in Hurghada it is very good, which makes investment opportunities strong, whether buying or selling real estate
Also, there are many requests at the present time, and I think that it is very good in increasing prices for the current investor who is thinking of entering the real estate market.
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Lorem ipsum dolor sit amet, consectetur adipiscing elit. Quisque aliquet massa mi, sed ornare dui ullamcorper non. Pellentesque habitant morbi tristique senectus et netus et malesuada fames ac turpis egestas. Duis nec orci ac lorem tempor ultricies. Pellentesque pulvinar nisl pulvinar ex tincidunt, eu gravida lacus auctor. Maecenas finibus eros pharetra, tempus tortor sit amet, faucibus sapien. Donec non nulla posuere, malesuada urna quis, ornare lectus. Nunc gravida, sapien non laoreet consectetur, sem ligula consequat ex, sit amet sodales velit dui a ipsum. Mauris aliquet metus nec dui porttitor, non mattis ex accumsan. Duis gravida diam est, ac molestie erat porta sit amet. Vivamus tortor mauris, aliquet condimentum elit porttitor, consequat malesuada nibh. Duis nec vestibulum nisi, eget dignissim ex