EGP 10,200,000
3 Bedrooms Chalet for Sale in Hacienda Bay North Coast By Palm Hills
As a legal professional, I would like to provide a legal perspective on Hacienda Bay, a luxurious residential development located on Egypt's North Coast.
Hacienda Bay is renowned for offering residents an exclusive and high-end living experience with a wide range of recreational amenities. However, before investing in Hacienda Bay, it is important to understand the legal considerations of real estate purchasing in Egypt.
One of the essential legal factors to consider is the documentation process. It is crucial to verify that the property you are interested in is registered and documented legally. This includes obtaining valid ownership documents, property titles, and any other relevant certificates such as construction permits, building approvals, and licenses.
Another critical legal consideration is the payment plan and schedule. Buyers must ensure that the payment contract is transparent, legally binding, and clear about payment terms, interest rates, and any possible penalties. Any additional charges, such as taxes or commissions, should be included in the payment contract. Buyers should also inquire about any hidden costs that may arise during the transaction. This ensures that all parties are well-informed, and the transaction proceeds smoothly.
Furthermore, buyers must review the service and maintenance contract of the residential units in Hacienda Bay.
Hacienda Bay Location: Km 149, Alex. Matrouh Desert Rd., Sidi Abdel Rahman - North Coast The expansive, fully-integrated hacienda bay project is spread over a vast 2, 229,811 million square meters. Offering a wide range of residential types, haciendabay features numerous homes from the spacious, luxurious sea front villa, from beautiful chalets overlooking the 18-hole Sanford Golf Course or the Junior Chalets ideally located to the stylish Nikki Beach with payment terms 20% down payment and the rest will be paid on 6 years. A golf course guaranteed to make all budding golfers up their game! The 18-hole, par 72, Championship , and is exclusively designed by the award winning Sanford Golf Design who have years of international experience in master planning and designing innovative, environmentally friendly, golf courses.
Palm Hills Palm Hills Developments is a leading real estate company in the Egyptian market, primarily developing integrated residential, commercial real estate and resort projects. Founded in 2005 by Mansour and Maghraby Investment and Development Company [MMID], the company which is listed on the Egyptian Stock Exchange and London Stock Exchange, traded under the symbols "PHDC.CA" and "PHDC.LI" respectively, was the result of a vision to create self-sufficient and well integrated communities. Currently, Palm Hills Developments has a portfolio of 26 projects spanning different development stages nationwide, and spreading over 27 million square meters [sqm] in Egypt, including 5 million sqm in which is held for sale in Saudi Arabia. The Company's product offering includes primary homes on both West Cairo and East Cairo, as well as second homes by the Mediterranean Sea [North Coast].