Welcome to Sharm El Sheikh Properties
How еo sell a property with Sharm El Sheikh Properties?
Although every effort is made by Sharm El Sheikh Properties, its agents, associates, or employees to verify information given on their website, brochures, and promotional material, it must be clearly understood that such information does not form part of any contract or offer. Any intending purchaser of a property or a business must satisfy themselves as to the correctness of any information either printed or verbally issued by Sharm El Sheikh Properties, its agents, associates, or employees.
Details: Sharm El Sheikh Properties, associates or employees make every effort to keep up to date on the information stated on its website, brochures, and other promotional material, but it cannot guarantee that particular properties and businesses will still be available for sale when prospective purchasers inquire or travel to view. Vendors may increase or decrease the price of properties/ businesses and no guarantee is given that the price shown on the Sharm El Sheikh Properties website or brochure will remain accurate. Sharm El Sheikh Properties reserves the right to make changes to the information and price of content on our website at any time without notice.
Availability: Sharm El Sheikh Properties its agents, associates, or employees do not accept any Availability to interested purchasers resulting from their inability to view properties and businesses in which they may be interested due to the fact that the properties or businesses may no longer be available for sale, or due to revision of purchase prices, or due to unforeseen circumstances.
Services: All related services offered, such as Finance, mortgages, Insurance, Currency exchange, legal and tax advice, Removals, and any other service from a third party – are merely recommended in good faith only and all agreements and contracts with such parties or for such services are entirely the responsibility of the buyer/user and service provider and not the liability or responsibility of Sinai Sands Real Estate.
Currency Exchange Rates: Be aware that currency fluctuations can greatly affect the price you pay in sterling for a property when you come to pay for it. We advise you to keep this in mind and seek professional help when transferring money abroad. Note also that properties are often listed in their ‘local’ currency and therefore a Sterling/Euro/Dollar price is often only a guide.
Business liability: Sharm El Sheikh Properties its agents, associates or employees operate as introducing agents to assist interested persons in finding and purchasing properties and businesses. Sharm El Sheikh Properties is not liable for any loss which they may incur for any reason whatsoever resulting from their interest in purchasing, attempted purchase, or actual purchase of a property overseas.
Measurements, tenure & usage: Land, property, and room sizes given in the Sharm El Sheikh Properties its agents, associates, or employee’s website, brochure, or any promotional material are subject to survey. It remains the responsibility of the purchasers to satisfy themselves as to the correctness of such information. Building plots described in the Sharm El Sheikh Properties website, brochure, and promotional literature remain the responsibility of purchasers of plots of land to acquire/check all necessary planning consents and licenses. Title and tenure are also the liability of the buyer, lawyer, and selling company and Sharm El Sheikh Properties recommends that the services of a professional are employed when purchasing property overseas as in Egypt all properties are sold on a GROSS basis, which included building communal areas such as stairs well/ducts, etc.
How Sharm El Sheikh Properties get paid for their service: In the main, Sharm El Sheikh Properties, their agents, associates, or employees are paid a percentage of the builders, agents or developers' profit/fees and this is generally part of the allocated budget for marketing and sales and therefore the buyer does not pay more for a property as a result of buying via Sharm El Sheikh Properties. Therefore, in effect, a client receives a free service from Sharm El Sheikh Properties, including the advice, support, search, and ability to source property as well as looking to bring only the best properties to clients.
Associated companies' actions: Sharm El Sheikh Properties and its agents, associates, or employees shall not be held liable or responsible for the actions of other persons or companies, or firms with which it may be associated or have connections.
Finance and Investment advice: Any investment or financial advice is given by Sharm El Sheikh Properties, its agents, or associates is a guide only and expert tax, financial planning, and mortgage advice will be required to confirm information when purchasing a property.
Disputes: Any disputes regarding property shall be resolved according to the laws of Egypt in which the property is situated and between the buyer and contracted seller.
Insurances: When traveling abroad it is advisable to arrange suitable comprehensive insurance cover. Sharm El Sheikh Properties its agents, associates, or employees accept no liability whatsoever for losses, damages, compensation, or personal injury resulting from a viewing trip. Likewise, insurance is required on property purchased and this again is the responsibility of the buyer/vendor and not Sharm El Sheikh Properties, its agents, associates, or employees.
Building time on new property: Whilst every effort is made by Sharm El Sheikh Properties its agents, associates, or employees to give accurate information to purchasers of “off-plan” properties as to the building time of such properties it must be clearly understood that purchase contracts are with the relevant construction company and not with Sharm El Sheikh Properties its agents, associates or employees. Estimated building times are given by the relevant construction company and it should be clearly understood that delays or changes may occur. Sharm El Sheikh Properties its agents, associates, or employees accept no responsibility for any such delays or changes.
Access and use of the Sharm El Sheikh Properties Websites and content: All materials, logos, pictures, and content on www.sharmelsheikh-properties.com
Deposits: Refundable deposits are only accepted on the condition that prospective purchasers change their refundable deposit to a definite and non-refundable deposit within 14 days of reservation. Such deposits are fully refundable during this 14-day time period. Thereafter the relevant contract will be canceled and the deposit (less any handling charges) will be refunded. It must be clearly understood that once a purchaser pays a deposit and exchanges contracts with a construction company then such deposits are non-refundable. In the event that a particular transaction does not become a Sale and the client wishes to cancel the property at their own decision. Sharm El Sheikh Properties cannot be held liable for the return of any deposit or payments agreed with the agent or developer and this is to be the responsibility of the purchaser or customer to follow up directly with the developer that issued their contract for the property
Re-selling: If a property has been purchased with a view to re-selling please note that Sharm El Sheikh Properties its agents, associates, or employees do not guarantee to sell properties prior to or after completion, nor do they guarantee any profits or returns, and have no control over the future volume of purchasers, their requirements or future market conditions. Sharm El Sheikh Properties its agents, associates, or employees do not require exclusivity to market re-sale properties.
Post agreement to purchase queries: Sharm El Sheikh Properties international has its agents, associates, or employees operate only as an introducing agency to assist interested persons in finding and purchasing properties from a range of developers, agents, and associates. All legal queries should be directed to the lawyer you have appointed and not Sharm El Sheikh Properties. its agents, associates, or employees
Tax Liability: Income Tax or capital gains tax due on profits or income made on property or rental is entirely the responsibility of the vendor.
Data Policy: When registering with Sharm El Sheikh Properties for the purpose of finding an overseas property, personal details such as name, address, email, and phone number will be required. This data may be passed on/shared with our associated overseas companies and developers and this is essential in assisting a customer looking to buy a property. If a client does not wish to have their information passed to a third party they must request this and Sinai Sands Real Estate will comply.
Contact information: Sharm El Sheikh Properties its agents, associates or employees do not accept liability from any client, who has not informed the developer, from who the builder's contracts are made out from, regarding a new change of address or contact details. If the developer cannot contact the client through the present details they have on file and no evidence of informing the developer of the new address is provided, then the client is at risk of losing the money invested in the property and the property itself.
Additional services: Sharm El Sheikh Properties its agents, associates or employees operate as an introducing agent only and do not organize NIE numbers, bank accounts, mortgages, power of attorney, immigration advice, etc for clients. It is up to the client themselves to organize all of these, either with their appointed lawyer or if written confirmation has been given.