Ready to move chalets for sale in LA VISTA BAY East with installments

3 Bedrooms Chalet for Sale in LA VISTA BAY East North Coast

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Reference: GB53773
EGP 8,180,000
Category:
Chalets / Sale
Type:
Chalet
Price:
EGP 8,180,000 Installment
Price / Sqm:
EGP 54,533 Per Sqm
Finishing Status:
Super Lux
Area:
150 M2
Floor No.:
Ground Floor
No of Floors:
Bedrooms:
3
Bathrooms:
2
View:
Sea And Pool View
Year Built:
2021
Allowable height:
The type of ownership:
Registered
Last Updated:
Thu 4 May 2023

As a lawyer, my duty is to present an objective analysis of the legal aspects of LA VISTA BAY East North Coast Egypt.

LA VISTA BAY is a real estate development project located on the East North Coast of Egypt, which offers panoramic sea views and luxurious amenities. The project is owned and developed by La Vista Developments, a leading real estate developer in Egypt.

From a legal perspective, the LA VISTA BAY project must comply with various laws and regulations governing real estate development in Egypt. These laws include the Real Estate Development Law and Regulations, the Building Code, and the Environmental Law, to name a few.

La Vista Developments is required to obtain various permits and approvals from the relevant government authorities before commencing any construction or development work. These permits include the building permit, environmental clearance, and land allocation permit.

The legal framework also imposes certain obligations on developers, which are designed to protect the interests of buyers and investors. For example, the developer must obtain a license from the Real Estate Development Fund, which is a government entity tasked with regulating and monitoring real estate development projects.

In addition, the developer is required to provide a detailed description of the project, including the scope of work, the expected completion date, the amenities and services to be provided, and the financial terms and conditions.

For buyers and investors, the legal framework provides various protections and rights, including the right to demand transparent and accurate information about the project, the right to claim damages for any breach of contract, and the right to file a complaint against the developer for any violation of the law.

Overall, LA VISTA BAY East North Coast Egypt appears to be a legitimate and well-regulated real estate development project. However, as with any investment, buyers and investors should conduct their due diligence, seek legal advice, and ensure that all legal requirements and protections are in place before making any commitments.