to invest in el Gouna
Out of 36.9 million SQM, approx. 28% is used for building in an effort to preserve El Gouna’s concept of maintaining the natural charm of its location in its vast open spaces Open space ratio
Community & lifestyle
An unrivaled lifestyle where a local and international community permanently in El Gouna.
Security
El Gouna is a self-sufficient town with an international security department tasked with the stability and safety of both residents and visitors.
Quality
Quality has been the longstanding pillar that defines El Gouna.To guarantee a smoother and hassle-free process, all services provided to our homeowners are in-house, from the preliminary stages of planning and designing to the final touches and delivery.
Homeowners have the option to lease their properties online, so whether they’re living in the property, or renting it out, they can rest easy knowing that their home is being put to good use. Rental option
El Gouna homes have always been known for their high return on investment, with an average of 27% profit return in four years Profit return/investment
Why el Gouna?
What are the
How much are the annual maintenance
The fees vary from one neighborhood to the other as well as according to the unit size and dimension.The average fees per year are EUR 1,200 for villas and EUR 500 for apartments, reviewed annually.
What the Average rental prices for 1 and 2 bedroom around EUR 622 – EUR 1037 per week in normal days / EUR 759 – EUR 1391 per week in high seasons. Average rental prices for 3 and 4 bedroom properties are around EUR 1037 – EUR 3004 per week in normal days / EUR 1533 – EUR 3678 per week in high seasons.
asked questions Frequently Here to answer your questions • Public landscape maintenance • Spraying insecticides and garbage collection • Streets, sidewalks and public areas maintenance • Lagoons and beaches maintenance • Satellite system maintenance • Water supply, sewage and electricity maintenance • External public lighting • Security
are
services returned against the maintenance fees I pay? •
apartments are
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average rental prices?
fees?
Here to answer your questions
Can I do external modifications on my property?
The extra work engineering division will handle this issue according to your request.
What are the related property ownership laws for foreigners in Egypt?
Law 230 of year 1996
• On July 14, Law No. 230 of 1996 was issued superseding Law No. 56 of 1998.The new law allows non-Egyptians to own real estate whether built or vacant with the following conditions:
• That ownership be limited to only two real estate properties throughout Egypt, I addition to the right to own real estate needed for activities licensed by the Egyptian Government
• That the area of each real estate not be in excess of four thousand square meters
• That the real estate is not a historical site
What is the property annual price increase? Yes, with appropriate approvals. Can I do internal modifications?
• Orascom development shall grant the buyer the right to use the surrounding area of the building for life time and to be inherited.
• Its ownership not freehold. Do I own the land on which I purchase a property?
Year-on-year average capital appreciation: average 18%.
Thank you. www.jossour.com.eg | jossour.realestate
