+2 01200070979 | [email protected]

Apartment 2 bedrooms for sale in Ever 6 October

22
Reference: NS 47922
EGP 3,002,857
MLS Realty
+201200070979
Email Agent
+2 012 00 231 000

EGP 3,002,857


Apartment 2 bedrooms for sale in Ever 6 October

Reference:
NS 47922
Price:
EGP 3,002,857 Installment
Price / Sqm:
EGP 30,028 Per Sqm
Finishing Status:
Super Lux
Area:
100 sqm
Bedrooms:
2
Bathrooms:
2
Delivery In:
2026
Listed:
Thu 18 May 2023
About Ever 6 October

2 Bedrooms Apartment for Sale in Ever 6 October By CRED - Delivery Year 2026

[The following article is a fictional representation of a lawyer's perspective on the compound Ever by CRED in Egypt]

As a lawyer, I have been closely following the developments around the compound known as Ever by CRED in Egypt. While the project has generated a lot of interest and excitement in recent months, there are some legal aspects that potential buyers and investors should be aware of.

Ever by CRED is a residential development project that promises to offer a luxurious living experience to its residents. The compound is located in Sheikh Zayed City and is expected to feature a range of amenities such as a clubhouse, swimming pool, gym, and landscaped gardens. The project is being developed by CRED, a real estate developer with a strong track record of delivering high-quality projects.

However, potential buyers should be aware that purchasing property in Egypt can be a complex and challenging process. One of the key legal issues that buyers need to be aware of is the issue of land ownership. In Egypt, the government is the ultimate owner of all land, and private ownership rights are limited to the surface of the land. This means that even if you own a property, you do not necessarily own the land underneath it.

Another legal issue that potential buyers need to be aware of is the issue of real estate contracts. Real estate transactions in Egypt are governed by the Egyptian Civil Code, which requires all contracts to be registered with the local real estate registry. Failure to register a contract can result in legal disputes and complications down the line.

Finally, buyers need to be aware of the risks associated with off-plan purchases. When purchasing a property that is still under construction, there is always a risk that the developer may not be able to complete the project as promised. In such cases, buyers may lose their investment or be left with an incomplete property that is difficult to sell.

Overall, while Ever by CRED promises to be an exciting and luxurious residential development, potential buyers should be aware of the legal issues and risks associated with purchasing property in Egypt. As a lawyer, I would advise anyone considering purchasing property in Egypt to seek legal advice and conduct thorough due diligence before making any investment decisions.

MLS Realty
+201200070979