New rent and old rent laws.

The following information is important to know if you wish to rent an apartment to start your administration:

 

For both old and new rent, there exist regulations.

 

1) old rent: 

 

Since the lease law was introduced in 1981, the renter may be granted the right to rent the apartment for life. Additionally, the lease can pass down through generations, meaning that the price of the property cannot change forever even if the term "famous" is included in the contract.

The Egyptian government decided to suspend the previous leasing law in March 1996. That being said, you should be aware that if the contract contains the word "famous," it doesn't have to be an old rent and that it will only be for a month due of legal requirements was repealed in 1996.

 

Features and flaws in old leases:

 

Old rent features:

 

Fixed rental value.

Legal extension right.

Right to waive the contract.

 

Old rent defects:

 

Hard to get an apartment with an old rent system.

Lack of services in some old contracts.

Restrictions on alterations to the apartment.

 

2) New lease:

 

Following a decision to suspend the old lease law, the new lease law was promulgated in 1996 and was recently amended in 2023 to include some changes and updates.

This Act provides that a tenant shall benefit for a certain period of time for a certain wage, and the term shall be fixed each period and shall be subject to the Civil Code. It is also possible to change the rental rate agreed upon for each particular period, which shall be increased or reduced according to the prices of real estate, maintenance, electricity and gas.

 

How did the new lease law affect both owners and tenants of the property to be rented?

Many owners suffered because of the old lease law, which gives the tenant the right to remain in the unit that he rented and inherited for his children for a few pounds, while the owner may not find a place to live for him or his children because he did not have the right to remove the tenant or inherit it from the property.

There is no doubt that one of the most important achievements of the new rental laws is to regulate the relationship between the owner and the tenant and to bring justice to both parties, so that the owner will receive a fair sum of money and the duration of the lease in the contract. The tenant will not remain in the unit rented for life, as was the case in the old lease.

 

Features and defects in new leases:

 

New rental features:

 

Modern apartments with better services.

Freedom to modify the apartment.

Easy to get an apartment with a new rental system.

 

New lease defects:

 

High rental value.

Limited duration of contract.

Restrictions on the waiver of the contract

 

If you're going to rent an apartment to open your administrative office, you're going to have to open it up in a place that's so classy and vital, and here we're going to talk about some places where you can think about renting:

 

ZALMALEK:

 

As they call it, it is the oldest and most delicate neighborhood in western Cairo, a quiet neighborhood away from Cairo's traffic, and most of the population of high class, celebrities and artists is one of the best places to think about if you want to rent an apartment to the private office.

 

The 5 most famous streets in the Zamalek neighborhood:

 

Street Nashaat: it's a high-end street in Zamalek and it intersects with July 26th Street, and it's called a street that grew from a university that grew up inside. 

 

Abu Al-Fada Street: It is one of the most famous and tallest streets of Zamalek, stretching from the head of the island to the 26th of July.

 

July 26th Street: An important public street in Zamalek is a line between the G in the north and the island, and it is an excellent business center for the inclusion of commercial services.

 

El Geblaya Street: A well-known street with many historical features, such as the Palace of the Island, the Cairo Tower and the Fish Garden.

 

Mohammed Madha Street: This street was named after the Egyptian engineer who built the Alexandria lighthouse.

It is the home of many foreign embassies and includes an important cultural teacher, the great Cairo Library.

Mansour Mohammed Hassan Sabri

 

El Mohandseen:

The engineer community has no historical and historical monuments, yet it enjoys leadership in shops, restaurants and cafés, and is also filled with company employees and banks, and takes the commercial character from companies to numerous stores and shops in all fields, as well as banks.

From the finest neighborhoods of the Giza governorate.

A first-class business and investment neighborhood.

It's accessible from most of the main axes and roads.

 

One of her most famous streets:

 

League of Arab States Street

The University of Nations street extends from Svenks Square to Sudan Street.

It is one of the most popular streets in Cairo, because it includes commercial, recreational and tourist activities.

 

Lebanon field

It's the most important hub in the engineer's neighborhood, so it's always crowded.

Over-average housing and luxury housing are available.

It's got a lot of stores in terms of global and local brands.

 

Mohy Eldin Abu Elez

This street is unique to many individuals, since it is one of the most important and famous residential streets there, and it is a vital area. However, it is only quiet. It is therefore one of the preferred choices for those who wish to relax and relax, away from the noise and noise that dominates the city.

 

Shahab Street.

Shihab Street is a main street located in the engineering district of Giza governorate in Egypt. The street starts on July 26th and ends at the League of Arab States Street, and goes through a number of high-end neighborhoods, like the Zamalek neighborhood and the al-Dawliyah neighborhood.

And one of the features of Shahab Street:

At a distinct location: the street is located in a vital area in the midst of many services and facilities.

Miscellaneous services: There are many services on the street, such as hospitals, clinics, schools, commercial centers, markets and shops.

Means of transport: the street is easily accessible through a variety of means of transport, such as the Metro Wall.

 

El Agouza:

 

It is a neighborhood of the Jizah governorate, Egypt, located on the coast of the Nile River next to the engineer neighborhood, which is bordering it from the north, from the east of the Nile River, the small branch called the Blind Nile, and from the south and west of the al-Dawqi neighborhood.

 

And one of the features of the old neighborhood is:

 

Location: The old woman is located on a distinct site on the West Bank of the Nile River, bringing her close to the center of Cairo and many other tourist destinations.

Diversity: The elderly includes a variety of features and facilities that meet the needs of the entire population.

The old woman is known as a quiet and safe area, which makes it a perfect place to live.

 

And one of the most famous streets of hers:

 

Nile Street:

One of the most important streets of the old woman, stretching along the Nile River.

There are known to be many hotels, restaurants and cafes, as well as many tourist attractions, such as the bridge.

 

Abd El Munim Street:

A major street in the old lady, connecting the Giza Square to the Svenx Square, known for the existence of many shops and markets, as well as many hospitals and clinics.

It's an important business center in the area.

 

Nawal El agouza Street:

Nawal Street is one of the most important streets of the old woman. The street is characterized by its privileged location and the existence of numerous services and facilities along the road. The street is also characterized by a quiet, safe and broad area.

 

EL Doki:

 

He's among the finest neighborhoods in Giza governorate or in Greater Cairo in general and is bounded from the north by Nile and from the south by Sudan Street.

The passage of the subway, as well as public transport, is characterized by the ease of movement to and from it, and by the fact that it is a neighborhood of Aristocrat, where there is a very large number of major corporate headquarters and business activities, as well as numerous embassies and consulates of great importance, as well as international cultural centers, and its most famous streets:

 

Area: The area is located near Cairo University and Nile Street and is considered to be one of the quiet places and the most famous places for ticketing; not only is this but it also has many shops and restaurants.

 

Feini Square: is a small field located in the al-Dawqi neighborhood of Cairo, Egypt. The field is located at the intersection of 26 July and League of Arab States Street. It is surrounded by a number of important buildings, including the Egyptian Ministry of Foreign Affairs and the Arab League building.

And one of his most important features: 

Excellent location: The field of Vinnie has its privileged position in the heart of the ticking, making it an accessible place from all over the city.

Silent region: Although it is a central area, Finney Square is characterized by a quiet and safe area.

Historical area: Finney Square is a historic area with many old buildings of unique architectural style.

 

Tahrir Street: It is one of the most famous streets of al-Day, stretching from Kubri to the east to South Sudan Street; it is also characterized by the presence of subways, as well as places of worship such as the Asad bin al-Furat Mosque, the College of Education and kindergartens, and is marked by the location of a vital area in the midst of many services and facilities.

 

Hunting Club Square: This area is calm, including the Club Street and the branch streets, as well as Mecca Street; most of the estates there are also privileged viewers of the club.

 

And in the end, if you're looking for rental apartments in high-end places suitable for your company, and they're a comfortable front, we've offered you the most important places and streets.

Whether you're looking for quiet places or vital places.

There are a lot of options to choose from. So start contacting us to start finding the right apartment for you.

And if you know places for other properties, please add here them to the next Link so we can do you the best service.