Below find some generally asked questions. Should you need
further information, please do not hesitate to contact us
either by email or telephone.
Can foreign nationals own property in Egypt?
Yes, foreigners are able to both buy and sell land and
property in Egypt.
Do I need a solicitor?
Yes, it is essential to have a local solicitor.
Horus-Property can recommend you a good one, who also
charges fair prices.
Do I need to have an Egyptian bank account?
You don't need to have an Egyptian bank account in order to
buy, though it might be useful at a later stage if you wish
to rent out your property. There are many different banks in
the area and it is pretty easy to make an account.
Will it be possible to rent out my property?
Yes, it will be possible. Horus-Property will be at your
service helping you to set a proper rental and in some cases
we can also help you renting out the place.
Are the properties generally sold with or without
Both are possible. But be aware that the Egyptian style
might be quite a bit different than the European.
Can we get home insurance in Egypt?
Yes. There are several recognized insurance companies
operating in Egypt. We shall be happy to provide you with
How long time will it take to finish the deal from the
agreement till the property is mine?
The time varies from case to case, though in general you can
say it takes approx. 3 months if you are purchasing an
already finished property - though this means that you have
to be available to sign the various registrations (or you
can make a power of attorney) as well as all papers from the
seller are in order. If the property is in the process of
being build it will take longer.
What type of running costs should I expect?
Water and electricity. Water is approx. 20 ŁE per ton and
you have to calculate with approx. 50 ŁE per months in
electricity for a normal household. Prices may vary
depending on location or resort.
If you purchase an apartment, you have to be aware of an
amount for the doorman.
What are the payment terms?
The payment terms varies from property to property depending
whether it is a ready property or it is still under
construction. With ready properties the most usual is 10% in
advance payment and the rest upon approval by the legal
authorities. Please ask for more information with the
Are there any taxes?
At present time no.
How much does a solicitor cost?
The prices vary from solicitor to solicitor.
working with Horus-Property charges a reasonable fee
including every step in order to finish the deal such as
registrations, stamps and assistance. All buyers are free to
choose their own solicitor.
Do I need a visa?
You need to have a 1-year tourist visa in order be able to
obtain the contract. Apart from that you need a resident
visa in order to live here. Please notice, this visa does
not entitle you to work. It is very easy to get the visa and
our lawyer will be happy to assist you if needed.