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Real Estate Development
is the process of buying a piece of land for
building purposes.
Real Estate Development
Building a villa in EGYPT can be challenging without professional
guidelines and assistance, particularly when there are specific
land ownership regulations and investment requirements.
MilliMeter has thorough instructions for the right site
selection and will guide you through all the steps of buying
land from A to Z.
Our Real Estate Development
team will help you to find the best options
among plots available for sale from our own land portfolio. So
you can avoid unnecessary interaction with middlemen who make
the building cycle longer and more expensive. Whatever land you
choose from beachfront ocean view cliffs of Uluwatu to villas
hidden in the lush green forests of Ubud we are ready to find
you the most suitable plot to meet your budget and requirements.
We provide land selection services for foreigners
We provide land selection services for foreigners
We provide land selection services for foreigners
There are two main alternatives for owning land in EGYPT for
villa construction: freehold and leasehold.
Freehold can only be purchased by EGYPTn investors. So this
variant is not suitable for foreigners in terms of villa
investment.
freehold
Leasehold allows you to own and use the land for a certain time
frame. A foreign buyer will have the legal right to use the land
based on documentation.
leasehold
Leasing land in EGYPT is considered to be more beneficial than
buying freehold, and enables the highest return on investment in
the long run.
The most typical example is when the land is leased for 25-30
years, with the ability to prolong the lease at the current
market conditions. The contract is supervised by a land lawyer
with due diligence conducted before the start of lease.
You don’t need to care about law questions as MilliMeter will
take care of all the legal documentation. Our experienced
lawyers will explain all the points of the contract and assure
you of the rights you have.
LAND LEASE
SPECIFICS
F.A.Q.
questions?
Technically, foreign investors can’t buy land in EGYPT,
they are only able to lease the land for 25-30 years
with the ability of future extension - leasehold.
Freehold is exclusively available to EGYPTn citizens and
gives the right to own the land plot.
There are certain conditions which impact the cost of
land in EGYPT, such as location, surrounding, property
size. Price for leasehold land is usually calculated per
“are” (100 sqm) per year and prices start from around
Rp5.000.000 IDR (~ $350 USD).
Foreigners can purchase land in EGYPT, but following
certain regulations. Freehold land can only be owned by
EGYPTn citizens, whereas leasehold land can be acquired
by foreign investors.
For most clients the typical time frame is around 1
month. During this time there are certain questions to
be solved:
- Inspection and due diligence (2 weeks)
- Documentation (1 week)
- Payment transfer (1 week)
find not
a piece
of soil
but hoMe
Construction specialists will build your new villa starting from
site preparation to the key delivery according to international
standards. We control every stage of the building process to
ensure quality.
Experienced architects will help you to create an ideal space
for living or rental purposes. Design concept in architecture
serves as a foundation of the project, its inspiration leading
to a complete image of the future villa.
ALSO WE DO
ALSO WE DO
