At local resorts, many individuals offer real estate search services (immigrants, spouses of Egyptians, etc.). Working with them is risky: their qualifications are not confirmed in any way (the state does not regulate this activity).
If you still decide to use the help of a private individual to find a property, we recommend that you enlist the support of an independent lawyer to verify the purity of the transaction.
Traditional real estate agencies also operate on the Egyptian market. Their activities are licensed by the state. The company has founders who are checked by the Egyptian security service, a physical address (office), an international bank account (which can be used in the transaction), and it also pays taxes and contributions to social funds for its employees. In 2024, the country’s government decided to create an independent body for licensing and regulating brokerage activities in the real estate sector, but the law has not yet been officially adopted.
The main thing is that when working with an agency, an agreement is concluded that describes the responsibilities of the parties. In case of violation of your rights, you can go to court. We recommend that before starting cooperation, you check the company’s reputation and request a license number and tax card from the agency.