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2 St. Thomas’s Square, Salisbury,
Wiltshire SP1 1BA – United Kingdom72 Gamal El-Din Dewedar,
Nasr City, Cairo Egypt
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Our model operates by purchasing a unit from a developer and offering it for sale to individuals on a co-ownership basis. This approach involves selling a share in a property with a preliminary contract in accordance with the Egyptian Civil Code No. 131 of 1948, similar to any agreement between two parties.
Investors receive reservation forms and contracts that outline the terms of the investment, co-ownership details, and payment plans. These documents are delivered to your address for signing.
The minimum investment is one share in any property of your choice. On average, down payments range from EGP 10,000 to 70,000, with monthly installments between EGP 1,500 and 12,000.
You will receive your funds within 14 days after the unit’s exit date.
If an installment payment is missed, a grace period is provided to allow for repayment. Continued missed payments may lead to penalties or forfeiture of shares, as outlined in the terms and conditions.
In the event of project delays, Farida actively communicates with the developer to ensure progress. Investors are regularly updated, and measures are taken to protect the investment value.
Registered users receive notifications about new investment opportunities. Additionally, upcoming units are listed on the platform for preview before they become available for investment.
Farida collaborates with reputable property management companies to oversee the maintenance and management of co-owned properties, ensuring they remain in optimal condition to preserve and enhance investment value.
Farida is committed to transparency by providing investors with regular updates, detailed reports on property performance, and clear communication regarding any developments or changes related to their investments.
Farida employs a rigorous selection process, analyzing factors such as location, developer reputation, market trends, and potential for appreciation to identify properties that offer promising investment opportunities.
In the unlikely event of a dispute, Farida follows a structured resolution process as outlined in the co-ownership agreement, which may include mediation or arbitration to reach an amicable solution.
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