Who is the developer of Azzar compound?

The company that owns Azzar New Cairo is Reedy Group

Townhouses 4 bedrooms for sale in Azzar New Cairo

Reference: NS 80381

EGP 21,994,318

MLS Realty
+201200070979

Email Agent

+2 012 00 231 000

EGP 21,994,318

Townhouses 4 bedrooms for sale in Azzar New Cairo

Reference:

NS 80381

Price:

EGP 21,994,318 Installment

Finishing Status:

Semi Finished

Plot Area:

300 sqm

Building Area:

237 sqm

No of Floors:

Bedrooms:

Bathrooms:

View:

Landscape

Year Built:

2021

The type of ownership:

Registered

Listed:

Thu 4 May 2023

About Azzar New Cairo

4 Bedrooms Townhouses for Sale in Azzar New Cairo By Reedy Group - Delivery Year 2021

As an attorney, I can provide a legal analysis of the compound Azzar in New Cairo, Egypt. Firstly, it is important to note that in Egypt, many of the laws and regulations governing real estate are based on Sharia law, which places emphasis on fairness and justice.

Azzar New Cairo is a compound located in the heart of New Cairo, which is a rapidly developing area of the city. It offers a range of residential units, including apartments, townhouses, and villas, as well as a variety of amenities such as a clubhouse, swimming pools, and landscaped gardens.

The legal framework for purchasing property in Egypt is governed by the Egyptian Civil Code, which outlines the requirements for the sale of property. Under the law, a property sale is only valid if it is conducted in writing, and both parties have signed the document. In addition, the transfer of ownership must be registered with the Real Estate Registration Office.

When considering purchasing a property in Azzar New Cairo, potential buyers should ensure that the seller is the rightful owner of the property and that there are no liens or encumbrances on the property. This can be done by conducting a title search with the Real Estate Registration Office.

In terms of financing, many buyers in Egypt choose to finance their purchases through banks or other financial institutions. In order to obtain a loan, the buyer will typically need to provide proof of income and meet certain credit requirements.

It is important to note that while Egypt has a relatively stable real estate market, there have been instances of fraud and misrepresentation in the past. As such, buyers should exercise caution and seek legal advice before signing any sales agreements or making any payments.

In conclusion, Azzar New Cairo offers a range of high-quality residential units in a desirable location. However, buyers should carefully review all legal and financial aspects of the purchase before making any commitments. As an attorney, I highly recommend seeking legal advice to ensure a smooth and secure transaction.

MLS Realty
+201200070979