Before buying an apartment or villa in a compound in Egypt, you face two options: buy directly from the developer (off-plan) or buy resale from a previous owner. This guide explains the difference, the pros and cons of each, and a step-by-step checklist for a safe purchase.
Buying from the developer (off-plan)
- Pros: lower down payment, longer installment plans, first pick of floor and view, and potential price growth until delivery.
- Cons: you wait for delivery and rely on the developer meeting deadlines and specs.
- Best for: buyers with a steady monthly income who are not in a rush to move, or medium-term investors.
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Buying resale
- Pros: ready or nearly-delivered units you can inspect, and you can see the neighbours and service level in the compound.
- Cons: usually more cash upfront (what the owner paid plus a premium) and a developer transfer fee.
- Best for: buyers who need to move soon or want to rent out immediately.
Steps for a safe purchase
- Set your full budget: down payment, monthly installment, maintenance deposit and finishing costs for semi-finished units.
- Choose the area: proximity to work and schools matters most. Read our guide to the best compound areas in Egypt.
- Check the developer: delivered projects, delivery record and finishing quality.
- Visit the site: location, roads and nearby services; for resale, inspect the unit itself.
- Review the contract: area, finishing type, delivery date, delay penalties and deposit. Having a lawyer review it is recommended.
- For resale: get a developer letter showing paid and remaining amounts and its approval of the transfer before paying the seller anything.
How Bright helps
Bright Real Estate compares new projects and resale units in the same area, gets you the latest developer prices and payment plans, and follows up with you until the contract. Message us on WhatsApp +20 111 167 1214 or via the contact page.
FAQ
What is the difference between buying from the developer and resale?
Buying from the developer (off-plan) means buying a unit under construction with a down payment and installments over several years, with delivery later. Resale means buying from a previous owner, usually a ready or nearly-delivered unit; you typically pay the owner what they have paid plus a premium, then continue the remaining installments or pay cash.
Is resale more expensive than buying from the developer?
Not always. Resale units are sometimes cheaper than the developer’s latest price because they were priced in an earlier phase, and sometimes higher because they are close to delivery. Compare the total cost and the delivery date.
Which documents should I check in a resale deal?
The original sale contract with the developer, payment receipts, a developer letter showing paid and remaining amounts, the developer’s approval of the transfer and its fees, and the seller’s ID.
Do I have to pay a transfer fee?
Most compound developers charge an ownership transfer fee on resale, and it differs between developers, so confirm it before agreeing on the price.
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