Villa 4 Bedrooms for Sale in La Vista Ras El Hikma - North Coast By la vista - Delivery Year 2025

La Vista Ras El Hikma: a Coastal Haven on Egypt's North Coast

La Vista Ras El Hikma is a stunning coastal compound located on Egypt's North Coast. This beautiful seaside development is designed to offer residents a luxurious and carefree lifestyle, making it the ideal getaway for families and individuals seeking to escape the hustle and bustle of city life. As a real estate lawyer, I would like to take a closer look at some of the legal elements associated with this one-of-a-kind development.

La Vista Ras El Hikma is a joint venture between Tiba Development and Projects Company and Amer Group. The project is fully licensed by the Egyptian government, with all the necessary approvals and permissions having been obtained. To ensure that the project complies with all the necessary laws and regulations, the development has been supervised by the Tourism and Industrial Development Company (TID), which is a state agency tasked with promoting Egypt's tourism industry.

One of the biggest appeals of La Vista Ras El Hikma is its ownership model. Instead of being marketed as leasehold, the residential units are sold as freehold properties. This means that buyers own their homes outright, and are free to make modifications, improvements, or even sell the property as they wish. Ownership of the land on which the development sits is also included in the purchase. This approach provides ultimate freedom for buyers looking for both vacation and investment properties.

La Vista Ras El Hikma lays out a comprehensive set of rules and regulations that residents are obligated to follow. These rules are not difficult to comply with and serve to protect the investment of all homeowners. Some of the most notable rules include maintaining the appearance of the external facade of the buildings, conducting exterior modifications only with permission from the management company, prohibiting pets (with the exception of assistance animals), and prohibiting the hanging of drying materials (towels, etc.) on balconies. The community is also staffed with security personnel around the clock, ensuring safety and peace of mind while on vacation.

It should be noted that while La Vista Ras El Hikma is a freehold community, there are still some regulations that must be followed. For example, any major construction work or external modifications must be approved by the development management company. Failure to seek approval could result in fines or legal action.

Overall, La Vista Ras El Hikma is a development that aims to offer luxurious living without the hassle. With its freehold ownership model and proximity to the North Coast's pristine shoreline, this is a development that is sure to attract a wide range of buyers. As long as residents follow the community's regulations, they will enjoy a safe and carefree experience in one of Egypt's top coastal destinations.

https://www.lavistaraselhekma.com/NS92710

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