Property in Egypt

[glenn_99]

I am thinking of purchasing a proprty in Egypt. Has anyone got any advice on the do's and don'ts or any pifalls etc.

[Rocketman]

Just steer clear of the pyramids - they are cursed.

[jedimistress]

Have you been there?

[plonker]

Wrong forum, try a website that is actually dedicated to Travel issues. The chances of a stoopid remark is very high on this site.

[buildersmate]

I guess it depends why you are doing it. Maybe you have ancestor links or intend to retire there. Otherwise it sound like just another international speculative property venture - Poland, Bulgaria, Dubai, and now Egypt. So here's a list.

Do you understand the legal ownership of property rules out there? Do you know what happens to property transfer when the owner dies out there? (as in France where it automatically transfers down the male heirs), How stable is the government regime? How long ago since another country invaded? (1967 from memory), are you doing it because someone has suggested you might make a quick buck? Do you understand the costs involved in buying and selling? Have you checked out that the local council (or its equivalent) can't change the categorisation of the land and decide that houses can't be built there and must come down (as in Spain). Personally I think there are rather more issues to check out than you might find via an enthusiasts website like AB.

[glenn_99]

Points taken. Cheers