What happens if my property developer delays delivery?
Construction delays are not uncommon in the Egyptian real estate market. Understanding your rights and how to protect yourself is essential when buying off-plan property. Common Reasons for Delays: Material supply chain issues. Permit and licensing delays. Developer cash flow problems. Changes in building regulations. Weather and seasonal factors. Your Rights as a Buyer: Egyptian law protects property buyers. Contracts should include specific delivery dates. Penalty clauses for late delivery are common and enforceable. Courts generally rule in favor of buyers with proper documentation. Typical penalty clauses include: 1-2% of property value per month of delay, right to cancel and receive full refund after extended delay, compensation for alternative accommodation costs. How to Protect Yourself: Only buy from established reputable developers. Insist on clear delivery dates in the contract. Include penalty clauses for delays. Verify developer track record especially completion of previous projects. Use an independent lawyer to review all contracts. Choose developers with proven completion history. What to Do If Delays Occur: Send formal written notice to the developer. Document all correspondence. Consult your lawyer about enforcing penalty clauses. Contact a real estate agent like MAMO Property for mediation. As a last resort pursue legal action through Egyptian courts. MAMO Property only recommends developers with strong track records. Contact MAMO Property at +20 11 52980998.
