Sinai Real Estate ... 
  Should I rent or buy a property in Sinai?
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Sinai Real Estate Calculator
Finding a Home In Sinai
If you plan to rent or buy a property in Sinai, finding your property will be a major step in your relocation to Sinai. If you have not lived in Sinai, you should rent rather than buy your property in Sinai, at least for six months. If you would like to rent or buy a real-estate property in Sinai you may email us at webmaster@egypt-travel-guide.de with your real-estate questions.




It is the best way to know not only if Sinai is the place you want to live or retire for the next few years, but also if Sinai is suited for you.

Apartments & Houses in Sinai
If you are planning on living in Sinai, it is likely that you will be living in an apartment/condo versus a house.

Please make sure that modern equipments, such as electricity and water should function to the maximum. Please double-check and make sure electrical outlets are located in every room and functioning.

Make sure you turn on the water and make sure that hot and cold water is functioning and flush the toilet, turn on the shower. Don’t count on real-estate agents in Sinai to point out the negatives of a place they’re trying to rent or sell you.

Sinai Agencies
Real-estate agencies in Sinai advertise in local Sinai newspapers and as well on their office windows.

You should be able to notice a real estate agency in Sinai by the window full of ads for the different apartments or houses they have available for rent or sell in Sinai.

Before you begin working with an agency in Sinai, check that their fees are acceptable and that they are a member of the Sinai Real-estate Assocation. In most rental agreements in Sinai most agencies charge a month’s rent for a twelve-month rental agreement.

When selling a property in Sinai, real-estate agents in Sinai usually charge between 2.5% and 3% of the final sales price.
Monthly rent Sinai:€
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Monthly association dues in Sinai:€
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Sinai plus government income tax rate:  %
Interest rate you expect to earn on savings in Sinai:  %
Expected percentage your Sinai home will appreciate by each year:  %
Number of years you will stay in Sinai:#
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Total estimated cost of renting a property in Sinai:€
Total estimated cost of buying a property in Sinai:€
After coming to an agreement on a rental or purchase, both parties in Sinai sign the contract. However, it is not a legal agreement until the appropriate seals of the city of Sinai with a tax stamp has been purchased and affixed to ther agreement. You have to make sure before finalising the lease or purchase that the official seal of Sinai will be affixed to the agreement.

Renting
Real estate agencies in Sinai are the safest way if you want to rent or buy a property in Sinai. Please make sure they are a licensed agent in Sinai and very familiar with the Sinai property market.

Local newspapers in Sinai also advertise apartments and houses for rent, but word of mouth is the best way in Sinai. If you are currently an academic in Sinai, you could check local at local universities in Sinai, where apartments or rooms for rent are commonly posted.

In general rental rates in Sinai, increase by a small percentage each year in accordance with the government’s annual cost of living reports in Sinai. You can find yearly leases in Sinai, and more short-term housing is available near academic institutes or around tourism areas within Sinai.

Short-term tourist housing in Sinai is fully furnished and most of the time fully equipped. If you have the budget, you could rent a serviced apartment in Sinai.

If you want to buy a property in Sinai, I would highly suggest you to have the property checked out by yourself and hire a lawyer in Sinai to check how much debts the property has currently registered and if those numbers matched with the seller of the property in Sinai.

If you are buying a brand new property, you’ll need to pay property tax in Sinai. If your purchase is a luxury property, you may have to pay local taxes in Sinai and possible stamp duty.

Even as a non-resident homeowner in Sinai, you may become liable for all kind of taxes in Sinai, including income tax.

Sinai Mortgages
If you plan to take a mortgage in Sinai you need at least a 20% downpayment of the purchase price of the property in Sinai. Even if you generate rental-income from renting your Sinai property out, it is not considered by most lenders as you may decide to move in, at a later time.

The Sinai Real Estate calculator will help you to compare the costs of renting a house or condo in Sinai to the costs of buying a house or condo in Sinai. Since there are all kinds of forces at work behind the scenes such as the current interest in Sinai, Sinai property taxes, tax savings, appreciation in general to investments in Sinai, comparing the cost of renting to the cost of buying in Sinai is a lot more complicated than just comparing the monthly mortgage payment to the monthly rent payment.

The Sinai Calculator attempts to forecast the net effects of all the hidden forces so you can make an informed decision before buying or renting a property in Sinai.

Help Buttons: For pop-up explanations of any of the entry fields, click the radio button next to the description.

NOTE: Be sure to enter "0" (zero) in any entry boxes that don't apply to you. Also be sure that only numbers and decimal points are entered into the fields.

Property Types in Sinai

  • Sinai Multi-Family
    Traditional, multi-family residential complexes located in Sinai and suburban markets of Sinai.


  • Sinai Mixed-Use
    Properties in Sinai that integrate and combine residential with different uses, including retail and office spaces.

  • Sinai Office
    Traditional office or office type properties in Sinai.


  • Sinai Retail
    Properties in Sinai with a mix of tenants that meet the convenience needs of neighborhood residents, including video stores, grocery, and financial services companies within Sinai.


  • Sinai Light Industrial
    Single- or multi-tenanted spaces in Sinai used for warehouse, manufacturing, distribution, or research and development in Sinai.

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