Egypt propertyThe property market in Egypt is primarily focused around the Red sea and Mediterranean coastline. Property investors are also buying in and around the main urban hubs of Cairo, Alexandria and Luxor, The Egyptian governments pro-active policies for attracting overseas investment has created an economic climate geared for growth in the Egyptian property market. Do you agree? Please state your views and opinions here on our new Egyptian property forum.
Red Sea Pearl, Sunset and Isis development - Page 2
Hi i have a UK solicitor looking to buy one on Sunset Pearl and i provided a copy of the contract prior to us going any further with discussions. She raised several questions and scribbled all over the contract however most of the queries were due to translation problems. Other than this she was happy and she is a commercial lawyer. I have not yet had the amended copy through but i have been assured it is on its way. Once i receive it and my client gives it the thumbs up i will let you all know.
Regards,
Neil.
Ps: I am looking into the Lifetime Lawyer and will let you know.
Thanks Rivermead, I am sure everything will be ok with the contract, but as you know legal issues can be a minefield. I suppose the nitty gritty starts when this contract is signed and the lawyer appointed by Lifetime Lawyer gets started on the actual conveyancing of the property.
Thanks Rivermead, I am sure everything will be ok with the contract, but as you know legal issues can be a minefield. I suppose the nitty gritty starts when this contract is signed and the lawyer appointed by Lifetime Lawyer gets started on the actual conveyancing of the property.
Why are you signing BEFORE yu have lawyer check out everything - no idea whether there is a risk or not - just interested in the principal.
Also what do you think will be involved in the "conveyancing",
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The lifetime lawyer thing may be a good thing I don't know.
But as Dave99 states what good is a lawyer once you have signed on the dotted line he can hardly advise you of your purchase or contract then.
So it's just worth doing your homework before you enter into these type of contracts.
Please take a look at what I have written, I have a UK solicitor looking at the contract before I sign it. Once the contract has been signed and I pay my 30% I then get the Lifetime Lawyer membership, for I suppose an Egyptian Lawyer to sort out the legals. I see conveyancing as all the normal things that a solicitor does in the UK when you by property.
There must be other people in the same position as me, so I was asking for advice, rest assured no contract will be signed until my UK solicitor is happy with it.
Yes, I have seen that Neil it looks very good. I have also got some up to date pictures of RSP and Sahl Hasheesh that I took a 2 weeks ago, I will get them posted over the weekend.
Yes, I have seen that Neil it looks very good. I have also got some up to date pictures of RSP and Sahl Hasheesh that I took a 2 weeks ago, I will get them posted over the weekend.
Look forward to seeing them, i am going over next Friday and will also take some pictures.
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