Buying property in Egypt

Egypt adopted a modern legal system in 1865. Like France, it applies a civil code. Hence, written codified laws, as opposed to court precedents under the common law system, is the primary source of legislation. Other sources of legislation include, the principles of natural law and the rules of equity. Doctrine and jurisprudence play an important role under the Egyptian legal system, yet, they do not have a binding nature.

In the hierarchy of laws the Constitution occupies the top echelon. It has therefore absolute precedence and priority over all the laws and regulations prevailing in Egypt. Any law that violates or departs from any principle of the Constitution is ruled unconstitutional by the Supreme Constitutional Court. Hence, the principles of the Constitution which govern the status of women or affect such status are indicative of the general trends of all the various laws which have a bearing on the subject.

Private law encompasses civil law, commercial law, maritime law, aviation law, labour law, civil and commercial procedures and private international law. The laws affecting the status of women and their ability to participate in the development process are a mixture of public and private laws. When we address in the following chapters each of the essential legal rights, we will refer to the laws affecting the exercise of such right whether public or private, and will analyse the effect of custom and tradition on the application of such laws, where applicable.

10 smart reasons to buy in Egypt:

1. The cost of living is low

2. The sun shines all year round.

3. The Red Sea is one of the best places in the world for diving.

4. Egypt is full of history, antiquities and things to see and do.

5. Hurghada has four 18-hole golf courses.

6. Nearby Sharm-el-Shiek is the world’s 4th most popular tourist destination.

7. Rental demand should always be high.

8. Hurghada has its own international airport, so getting there is easy.

9. It’s just 5 hours’ flight from the UK.

10. It offers value for money – properties are available from 59,420 Egyptian Pounds.

If you would like legal help buying a property in Egypt you can contact Kobalt Law LLP