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Egypt Proposes New Rules to Protect Property Buyers

Adam ·
Egypt Proposes New Rules to Protect Property Buyers

Buying a home in Egypt might soon get a lot safer. The government is drafting a new law that aims to tighten up the real estate market, ensuring that the money you pay for a new unit actually goes toward building it. Under this proposal, developers would have to open a separate bank account for each specific project. This means your payments can’t be used to fund unrelated developments, keeping your investment secure while construction moves forward.

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