Maspero Business Tower Down Town office 980m for sale

Office for Sale in Maspero Business Tower - Down Town

 
Reference: GB126990
EGP 63,700,000
Category:
Offices / Sale
Price:
EGP 63,700,000 Installment
Price / Sqm:
EGP 65,000 Per Sqm
Finishing Status:
Core & Shell
Area:
980 M2
No of Floors:
Year Built:
2023
Allowable height:
Last Updated:
Mon 10 Apr 2023

As a lawyer, I can provide guidance on the legal matters involved in buying or renting properties such as the Maspero Business Tower in Downtown Egypt. This building is a commercial and residential tower, located in one of the prime locations in Cairo's central business district. It offers modern and secure office spaces that are ideal for businesses and professionals seeking state-of-the-art facilities.

Before committing to a purchase or lease of any property, it is important to conduct essential legal checks to ensure the property is free from any outstanding liabilities or legal issues. For this reason, due diligence is necessary when buying, renting or leasing space in the Maspero Business Tower.

In case you are buying the property, the legal transaction starts with the signing of a sales agreement. The sales agreement outlines the terms and conditions of the transaction, including the agreed-upon price, the intended use of the property, the payment schedule, and other critical details that both parties agree on. Once the agreement is signed, the property transfer process begins.

During the property transfer process, it is required for both parties (the buyer and the seller) to be present at the public notary's office. The notary public verifies the transaction and issues a deed of sale, which proves the legal transfer of ownership from the seller to the buyer.

In renting or leasing property, the legal transaction starts with a contract, also known as a lease agreement. This agreement should specify the duration of the lease, the rent amount, the deposit, and any other specific requirements that the parties agree on. It is vital to review the lease agreement carefully and ensure that both parties understand and agree to the terms outlined therein.

It is crucial to seek the services of a lawyer, who will guide you through the legal procedures involved in buying, renting, or leasing properties. Hiring a legal professional will ensure that the transaction is legally binding and that all legal requirements are met.

In conclusion, Maspero Business Tower offers excellent office spaces and potential returns on investment. However, as with any property transaction, you should conduct due diligence and engage a legal professional to ensure that the transaction meets all legal requirements.

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