I am writing to you today about the compound known as Cali Coast North Coast Egypt. As a lawyer, it is my duty to inform you about the legal aspects of this stunning development, so that you can make an informed decision when considering whether to invest in it.
Cali Coast North Coast Egypt is a luxurious residential compound located in the North Coast of Egypt. It is sprawled over an area of 110 acres and is in close proximity to the Mediterranean Sea, giving its residents a breathtaking sea view. The compound offers a wide range of luxurious villas and chalets, with different sizes and designs to suit all preferences and needs.
One important aspect to consider when investing in a real estate development is the legal framework surrounding it. Cali Coast North Coast Egypt is developed by Marseilia Group, which is known for its integrity and adherence to the highest legal standards. The company has a solid track record of delivering high-quality residential projects on time, and has all the necessary permits and approvals from the relevant authorities.
Another legal aspect that needs to be considered before investing in a real estate development is the ownership structure. Cali Coast North Coast Egypt employs a leasehold ownership structure, which means that buyers will own the property for a certain period of time (usually 99 years) and pay annual ground rent to the developer. This ownership structure is common in Egypt, and is legally binding and enforceable.
In addition to the legal aspects, Cali Coast North Coast Egypt offers a wide range of luxurious amenities to its residents. These include a clubhouse, a retail area, swimming pools, and a beach promenade. The compound is also equipped with high-end security features, including CCTV cameras and round-the-clock security guards.
In conclusion, Cali Coast North Coast Egypt is a stunning development that promises its buyers a luxurious lifestyle in a prime location. As a lawyer, I can assure you that the legal framework surrounding this development is solid and reliable. I urge you to consider this opportunity if you are looking to invest in a high-quality, luxurious real estate development.