How buying
works
Buying an apartment directly from the developer takes six steps. They are the same whether you are here in Hurghada or buying from abroad — only the way the documents are signed and exchanged is different.
Choose your apartment
Browse the apartments on our project pages — in our completed resorts, ready to move into, and at AQUA ORGWAN Resort, under construction. When one interests you, contact us: we will talk you through that apartment and the purchase process.
Reserve the apartment
When you decide to go ahead, you send us a copy or photo of your passport and transfer a 10% reservation deposit.
The reservation deposit holds the apartment for you: while your reservation is in progress, the apartment is not marketed or offered to any other buyer.
Receive the reservation form
Once your passport details and reservation deposit have reached us, we prepare your reservation form. It sets out:
- the apartment details
- the apartment price
- whether you are buying for cash or in instalments, and the payment plan
- the date of your next payment
For a cash purchase, the form gives the date by which the remaining price is paid. For an instalment purchase, it gives the date by which the rest of the down payment is paid. The exact payment plan is always the one stated in your reservation form.
You then sign the reservation form.
Sign the purchase contract
After you have signed the reservation form, we prepare the purchase contract between Al Masriya and you. In Hurghada you sign it at our office; from abroad, we send it to you as a PDF and you return it by courier. Both routes are described below.
Complete the payment and the contract exchange
Next, you transfer the remaining price for a cash purchase, or the rest of the down payment for an instalment purchase. When the payment has reached us, we sign and stamp your copy of the contract.
Apartment handover
At handover, the maintenance fees and meter-related charges are paid. You can pay them by bank transfer or in cash, whichever you prefer.
In person or from abroad
Sign at our office
If you are in Hurghada, you sign the reservation form and the purchase contract in person at our office.
Buying from outside Egypt
You can sign the purchase contract without travelling to Egypt. It is exchanged as a PDF and by courier:
- We send you the purchase contract as a PDF.
- You print three copies and sign every page.
- You send the signed copies to our office in Hurghada by DHL or a similar courier.
- While they are on their way, you transfer the remaining price for a cash purchase, or the rest of the down payment for an instalment purchase.
- When the payment reaches us, we sign and stamp the contract. We keep two signed copies; the third is yours.
- We send your copy back to you by DHL, or keep it at our office until you come to Egypt and collect it in person.
Your lawyer is welcome
You are welcome to have your own lawyer review the documentation before you sign. Your lawyer can contact us directly, and we will provide the relevant legal and project documentation for review.
Whether you involve a lawyer is your choice.
This page describes how our sales process works. It is not legal advice.
Prices and payment options by project
Prices and payment options are published on each project’s page. The exact payment plan for your apartment is the one stated in your reservation form.