Shop for Sale in Oxygen Tower - New Capital By Enwan - Delivery Year 2025

As a lawyer, I am positioned to provide valuable information about the legal framework which governs the real estate industry in Egypt, including information on Oxygen Tower by Enwan New Capital Egypt.

Oxygen Tower by Enwan New Capital is a signature project located in the New Administrative Capital of Egypt. The project is an iconic residential and commercial structure poised to redefine urban living in Egypt, offering residents a unique mix of luxurious apartments coupled with modern business facilities.

Egypt's real estate regulatory framework is governed by the Real Estate Registration Law, which sets out the rules and regulations for managing real estate transactions in the country. Buying property from developers in Egypt requires that the buyer qualifies under the laws governing the sale of off-plan properties, commonly known as laws governing pre-construction contracts. Buyers may be required to provide certain documents such as a valid passport or national identification card, or proof of income, among other things.

Real estate developers in Egypt are required to acquire certain permits and approvals before they can commence construction. These permits and approvals include a building permit, which must be obtained from the relevant authorities and is required to commence construction. Similarly, to build in the New Administrative Capital, developers must obtain approvals from the Capital Development Authority.

It is important to note that buyers who want to purchase a property in Oxygen Tower by Enwan New Capital will have to sign a contract of sale with the developer. The contract of sale typically outlines the terms and conditions of the sale, including the price, payment terms, and any warranties or guarantees related to the property.

Before purchasing a property in Oxygen Tower by Enwan New Capital, it is essential that potential buyers conduct proper due diligence on the developer. This can include verifying the developer's track record and reputation, as well as ensuring that the developer has all necessary permits and approvals in place.

In conclusion, Oxygen Tower by Enwan New Capital is an iconic project that is set to redefine luxury living in Egypt. However, potential buyers must ensure that they understand the laws governing real estate transactions in Egypt and conduct proper due diligence on the developer before entering into any transactions. With the right legal advice, it is possible to make a secure and successful investment in any property in Egypt.