Complete Guide to Buying Property in Egypt as a Foreigner
Buying Property in Egypt as a Foreigner: Step-by-Step
This guide is for non-Egyptian buyers who want a clear overview of what's allowed, what to verify, and how to reduce risk when purchasing residential property in Egypt.
What foreigners can legally own (residential)
Egypt has specific rules for non-Egyptians buying residential property. A commonly cited framework is Law No. 230 of 1996, which (in general terms) limits foreign ownership for residential purposes to:
- Up to two residential properties (for the owner and immediate family)
- Up to 4,000 m² per property
- A holding period can apply before disposal, unless a specific exception applies
Source (legal overview): Al Tamimi & Company – Foreign Ownership of Real Estate in Egypt
High-level buying process (practical)
- Choose the property type: new development vs resale; primary residence vs rental.
- Due diligence: verify seller identity, ownership/title status, and any restrictions in that location/community.
- Contracting: use a qualified lawyer to review the sale agreement, payment schedule, and handover/penalty clauses.
- Registration & documentation: ensure your paperwork is consistent and stored securely.
Areas buyers typically consider (starting points)
New Cairo
Often considered for modern communities, schools, and long-term family demand.
North Coast
More seasonal; can work for lifestyle + short-term rental strategies, but you should plan for vacancy seasonality.
New Administrative Capital
A long-term thesis area where timelines, delivery, and project quality vary significantly between developers.
Common risks (and how to reduce them)
- Title/ownership ambiguity: verify documentation and avoid informal transactions.
- Delivery risk on off-plan: prioritize reputable developers and clear contractual remedies.
- Currency and payment structure: understand how payments are handled and what happens if exchange rates move.
FAQ
Can a foreigner buy property in Egypt?
Yes, but residential purchases are subject to rules and restrictions. Always confirm the latest legal position with a qualified Egypt-based lawyer for your specific case.
Can foreigners buy more than two properties?
There are limits under the general framework described above, and specific exceptions can apply in designated areas or by special resolution. Treat this as legal territory, not marketing.
What's the single most important step?
Professional due diligence (legal + documentation). A cheap purchase can become expensive if the paperwork is wrong.
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