Semi finished apartments 314m for sale in Eastown New Cairo

Apartment 3 Bedrooms for Sale in Eastown - New Cairo

3    3
Reference: GB130355
EGP 9,800,000
Category:
Apartments / Sale
Type:
Duplex (In Typical floors)
Price:
EGP 9,800,000 Cash
Price / Sqm:
EGP 31,210 Per Sqm
Finishing Status:
Semi Finished
Area:
314 M2
Floor No.:
3
No of Floors:
Bedrooms:
3
Bathrooms:
3
View:
Landscape View
Allowable height:
The type of ownership:
Registered
Last Updated:
Sun 27 Aug 2023

As a lawyer, it is important to ensure that buyers and sellers of real estate properties in Egypt are aware of the legal requirements involved in the buying and selling process. It is also important to understand the various types of properties available for sale, such as the semi-finished apartments for sale in Eastown New Cairo.

Semi-finished apartments generally refer to properties that have been constructed but require the buyer to complete some unfinished aspects of the property, such as flooring, wall finishes, and plumbing fixtures. This presents an opportunity for buyers to customize and personalize their new homes to their liking.

However, when considering the purchase of a semi-finished apartment, legal precautions must be taken to ensure that the buyer’s rights and legal interests are protected. A notable difference between semi-finished and fully-finished apartments is that semi-finished apartments often require the buyer to complete the work and take responsibility for the quality of the work done themselves.

As such, it is important for buyers to obtain all the relevant documents regarding the property, including a thorough inspection report, before purchasing a semi-finished apartment. This will help reduce the risk of unexpected expenses and sub-standard work.

Additionally, the buyer and seller must engage a registered real estate agent to handle the transaction and register the sale with the relevant government department. This will ensure that the buyer receives a certificate of ownership, "eed melkiya," that confirms the transfer of the property from the seller to the buyer.

In conclusion, while semi-finished apartments for sale in Eastown New Cairo and elsewhere in Egypt can offer an affordable option for homebuyers, it is important to take the necessary legal measures to safeguard the buyer’s legal interests. Working with licensed professionals and obtaining all relevant documentation can help provide peace of mind to both buyers and sellers throughout the buying and selling process.