ZED East
Click any image to view full gallery (4 images)
Overview
A 400-acre development in Egypt, featuring a sports club and a mix of housing types.
Building/Community Amenities
- 24/7 Security
- Clubhouse / Resident Lounge
- Fitness Center / Gym
- Garden / Courtyard
- Gated Community
- On-site Retail / Shops
- Park
- Playground / Kids Play Area
- Pool
Investment Insights
Legal & Ownership
Legal & Ownership Information
Ownership Structure
Ownership Rights
Full ownership rights (Freehold)
Foreign Ownership
Foreign Ownership: Foreigners can buy property in Egypt, though certain restrictions exist, especially concerning land ownership in specific areas.
Tax Considerations
Property Taxes
property tax, but rental income is taxed progressively, ranging from 10% to 20%
Transfer Tax
Transfer taxes apply on purchase.
Inheritance Tax
Capital gains tax is generally not applicable to individuals on the sale of property, making Egypt an attractive market for property trading
Important Considerations
Restrictions
- Foreign Ownership: Foreigners can buy property in Egypt, though certain restrictions exist, especially concerning land ownership in specific areas.
Required Documents
Financing Options
Financing Options
Mortgage Calculator
Financing in Egypt
Egypt offers a growing landscape for property financing, making it an exciting opportunity for foreign buyers. With mortgage options available through local banks and developers, Egypt provides competitive loan-to-value (LTV) ratios typically ranging from 50% to 70%. This makes it an attractive market for those looking to diversify their real estate portfolio. The country’s stable economic growth and strategic location further enhance its appeal for mortgage financing. As a result, understanding the nuances of property financing in Egypt can unlock potential investment opportunities for international buyers.
Requirements for Foreign Buyers
- 1Valid passport
- 2Proof of income (e.g., salary slips, tax returns)
- 3Six months of bank statements
- 4Credit report from home country
- 5Property valuation report
- 6Letter of intent for purchase
- 7Proof of residency (if applicable)
