NK ESTATE
Real Estate Agency



Red Sea
Egypt

Yes. Foreign ownership is permitted under Egyptian Law No. 230 of 1996.

Yes. Purchasing through a licensed developer or a verified property owner, with properly executed legal documentation, provides a secure transaction.

Your purchase is protected by a legally binding Sales & Purchase Agreement and official ownership documentation issued by the developer or seller.

Only a valid passport is required.

A valid tourist visa is sufficient to complete the purchase.

Yes. Property owners may apply for Egyptian residency in accordance with the applicable regulations.

Most properties offered by NK Estate are available with Freehold ownership. Some projects may be offered under Leasehold or with a registered share of land ownership, depending on the project’s legal structure and applicable Egyptian laws.

No. A lawyer is not legally required when purchasing either primary or resale property. However, buyers may appoint a lawyer if they wish to receive independent legal advice.

Yes. Property can be purchased online.

Yes. We provide virtual tours, videos, floor plans and detailed project information to help you choose the right property from anywhere in the world.

Choose a property → Reserve your unit → Sign the contract remotely → Complete the payment → Receive your ownership documents.

No. An Egyptian bank account is not required for the purchase process. However, you may open one at a later stage if required for your personal or financial needs.

No. All property prices are fixed by the developer or seller, unless otherwise expressly stated.

Yes. Depending on the property and the project, additional costs may include: a one-time maintenance fee, utility connection fees, such as water and electricity meter installation, ownership transfer fees (where applicable), legal services (if requested). All applicable costs will be clearly disclosed before the purchase is completed.

Most developers charge a one-time maintenance fee of approximately 10% of the property price, depending on the project. This fee covers the maintenance and upkeep of the development’s common areas and shared facilities, such as security, swimming pools, landscaping, elevators, cleaning, and building management.

Most buyers purchase choose the developer’s interest-free installment plans or purchase with cash.

Properties may be furnished, fully finished, semi-finished or unfurnished, depending on the project.

Yes. Developers provide construction warranties in accordance with Egyptian law and the terms of the project.

Eligible properties may be registered with the Egyptian Land Registry through the official Government Registration (Green Contract) process. Registration is available for properties that meet the applicable legal requirements under Egyptian law.

A Green Contract is an official ownership certificate issued after a property has been registered with the Egyptian Land Registry. It serves as government-recognized proof of registered ownership and provides an additional level of legal protection.

No. Government Registration is not mandatory to purchase or own property in Egypt. Ownership is established through a legally binding Sales & Purchase Agreement and the ownership documents issued by the developer or seller.

No. Eligibility depends on the legal status of the land, the developer’s documentation, and compliance with the applicable registration requirements under Egyptian law. Some developments are built on land that is not currently eligible for Government Registration. This is a normal and well-established practice in the Egyptian real estate market and does not affect the legality of the purchase or your ownership rights.

Yes. Electricity and water accounts can generally be arranged according to the project’s regulations and ownership documents.

Yes. Foreign property owners may rent out their property in Egypt. For short-term holiday rentals (Holiday Home), the property must comply with the applicable licensing and registration requirements issued by the Egyptian Ministry of Tourism and Antiquities. Long-term residential rentals are subject to the applicable Egyptian laws and regulations.

Yes. Your property may generate income through both short-term holiday rentals and long-term leases. Where applicable, Holiday Home rentals must be registered and licensed in accordance with the regulations of the Egyptian Ministry of Tourism and Antiquities.

Yes. This is subject to the developer’s terms and conditions.

Yes. Egypt offers excellent opportunities for long-term capital growth and rental income.

Red Sea Coast real estate market offers competitive property prices, interest-free developer installment plans, low property-related taxes, year-round tourism, strong rental demand, and excellent long-term capital growth, making it one of Egypt’s most attractive real estate investment destinations.