Frequently Asked Questions

Yes. Egypt permits foreign nationals to hold residential real estate on a Freehold basis, including in the Red Sea Governorate. Ownership is full title, freely transferable by sale, gift, or inheritance.

Yes. Bella Mar is marketed exclusively to international — predominantly European — buyers. This is a deliberate community strategy: your neighbours share your cultural background, lifestyle values, and expectations of quality.

Every plan gets you the same unit at the same price — it’s really about what suits your cash flow. Cash gives you the best value (10% off) and the strongest rental returns. Plan A (20% down, 1 year) is the fastest way in. Plan B (25% down, 2 years) spreads things out for steadier monthly payments. Instalments can be monthly or quarterly, whichever fits you better.

Yes — 10% off the full listed unit price, no conditions attached. The 10% maintenance reserve is still payable separately at delivery either way.

Life happens — you get a 10-day grace period automatically, no questions asked. After that, a small €10/day fee applies. Only if two instalments in a row go unpaid, and after a written 30-day notice giving you time to sort things out, would the contract be affected — and even then, everything you’ve paid beyond a 20% administrative fee comes back to you.

Short-term letting is authorised in writing by Article 16 of the Purchase Agreement. Based on Apartment 107 (€69,915), conservative assumptions (60% occupancy, €65/night) suggest a gross yield of ~10.2%; optimistic assumptions (80% occupancy, €90/night) suggest ~18.8%. Cash buyers see slightly higher effective yields (~11.3%–20.9%) thanks to the 10% purchase discount. These are estimates to help you picture the possibilities, not guaranteed returns.

You’re protected either way. If delivery runs more than 3 months past the contracted date (8 March 2028), the seller automatically owes you 2% of everything you’ve paid, for every full quarter of delay — no need to chase it, it’s written into the contract (Article 8).

Yes — and it’s strongly encouraged. A Port Ghalib Discovery Visit can be arranged for serious enquirers: 2–3 days including a full site tour, the Red Sea experience, and face-to-face meetings with the team.

You’re welcome to have your own lawyer review everything before you sign — many buyers do, and we encourage it. The Arabic version of the contract is the legally binding one, with an English translation provided for reference. If you’d like, we can introduce you to lawyers experienced with foreign buyers in Egypt.

Via standard international bank wire transfer to the seller’s official corporate account in Egypt. Funds — including rental income and resale proceeds — can later be repatriated to Europe in foreign currency through official banking channels. An official receipt is issued for every payment.

It’s rare, and every clause in this contract is written to keep it that way — but if a disagreement ever needs resolving, it’s handled by the Hurghada Primary Courts in Egypt (Article 19).

A one-time payment of 10% of the unit value at delivery, covering: the shared entrance, staircases, gardens and irrigation, central satellite dish, common-area lighting, elevator, shared BBQ area, water tanks and pumps, the building’s main plumbing, the heated pool, gym equipment, and security. No additional monthly or annual maintenance fees are charged beyond this deposit.

Yes. Under Article 17 of the Purchase Agreement, the contract’s terms apply to your specific and general successors — ownership transfers to your heirs by inheritance, and the agreed terms remain binding on them.

Yes, absolutely. Once you’ve paid at least 50% of the unit’s value, you’re free to transfer the contract to someone else, for a modest 3% administrative fee (Article 6).

Your tax obligations are strictly limited to the personal real estate tax applicable to your own unit. You are not liable for any real estate disposal taxes, corporate income taxes, or other taxes owed by the seller (Article 9 of the Purchase Agreement).