Restrictions

Foreigners are permitted to own real estate with the following

restrictions:

 

  • Foreigners are limited to owning two properties throughout Egypt;
  • Real estate cannot be sold within the first five years from registration of the deed, unless permission from the Egyptian Prime Minister has been obtained;
  • The surface area of each property cannot be in excess of 4,000 square meters;
  • Real estate should not be on historical site;

 

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Thank you for completing complex mortgage repayments simultaneously in three countries. David and Stefano were excellent, remaining calm and efficient in trying circumstances. I was very satisfied with their service, and would not hesitate to use Kobalt Law again.  

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