Fully finished chalets 4 bedrooms for sale in Hacienda Bay North Coast
EGP 10,000,000
Fully finished chalets 4 bedrooms for sale in Hacienda Bay North Coast
Chalet 4 Bedrooms for Sale in Hacienda Bay - North Coast By Palm Hills
As a lawyer, I have been following the legal aspects of Hacienda Bay, a popular residential compound located along the North Coast of Egypt. This luxurious development offers a variety of amenities, including private beaches, golf courses, and a fully-equipped clubhouse. In this article, I will provide a legal perspective on Hacienda Bay and the legal considerations that buyers should keep in mind when investing in this prime real estate opportunity.
One of the key legal aspects of investing in a property within Hacienda Bay is the contractual agreement between buyers and the developer. The contract outlines the terms and conditions of the purchase, including the agreed-upon price, the payment schedule, and the delivery schedule of the property. Buyers must ensure that the contract is fair and that all terms and conditions are clearly spelled out to avoid any misunderstandings or disputes in the future.
Another important legal consideration for buyers is the compliance of the developer with relevant laws and regulations. The developer must adhere to all applicable local, state, and federal laws and regulations related to the construction and operation of the compound. Buyers must verify that the developer has obtained all necessary permits and licenses before investing in the property.
Moreover, buyers must ensure that the property they are buying has a clear and unencumbered title. This means that the seller has a legal right to sell the property and that there are no liens, encumbrances, or other legal claims on the property that could negatively impact the buyer's ownership rights.
Working with a reputable real estate lawyer can provide valuable legal guidance to buyers and help mitigate any potential legal risks. A qualified lawyer can review the contract, conduct due diligence on the developer and the property, and guide buyers through the legal process of investing in the property.
In conclusion, Hacienda Bay is an excellent opportunity for investors looking for a luxurious property in a prime location along the North Coast of Egypt. However, buyers must carefully consider the legal aspects of the investment to ensure that they are making a sound and legally compliant investment. It is advisable to consult with a real estate lawyer to guide buyers through the legal process and provide comprehensive legal advice.
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].
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