Office for Sale in Marquee Complex Mall - New Capital By Waren Development - Delivery Year 2024

As a lawyer, my role is to provide guidance on the legal aspects associated with buying or selling property in Egypt. The Marquee Complex Mall in the New Capital has gained popularity among investors because of its convenient location and potential for high returns. Therefore, it is important for anyone interested in purchasing an office space in the mall to understand the legal and regulatory requirements that come with the transaction.

The purchase process for an office space in the Marquee Complex Mall begins with conducting a due diligence on the property to ascertain ownership and verify that all the necessary permits and certificates required for construction have been obtained. This process helps to ensure that there are no legal encumbrances or liens on the property.

Once the due diligence process is complete, the buyer enters into a purchase agreement with the seller. This agreement outlines the terms and conditions of the purchase, including the price, payment plan, transfer of ownership, among other details.

All property sales in Egypt must be registered with the relevant government agency, which in this case would be the Real Estate Registration Office. Registration ensures that the transaction is legally binding and that the ownership of the property is transferred to the buyer.

Additionally, buyers need to obtain a tax clearance certificate to demonstrate that all necessary taxes and fees associated with the purchase have been settled.

It is important to engage the services of a legal professional to guide you through the purchase process and ensure that all necessary requirements are met.

Finally, it is worth noting that owning an office space in the Marquee Complex Mall comes with several benefits, including access to modern amenities, a desirable location and the potential for high returns on investment. However, do your due diligence and engage a legal professional to ensure that the purchase process is conducted within the confines of the law, to safeguard your investment.