About us

Aqar Loqta connects an owner who cannot continue their instalments with a buyer who takes over the contract at its original price. Without over-price, and with a formal assignment inside the developer company.

The problem we started from

When someone in Egypt falls behind on their instalments, they think they have one option: cancel the contract. Cancelling is worse than most people realise.

Most contracts calculate the deduction on the full unit price, not on what has been paid. On a 3,000,000 unit at 15%, that is 450,000 gone — even if only 600,000 was ever paid.

Someone who paid 600,000 and cancels receives 150,000 EGP a 75% loss, with the balance returned in instalments over years

And the other side exists

At the same time, there is a buyer looking for a unit at an older contract price, below today's market. And a developer who would rather keep a paying client than process a cancellation and refund.

Both sides are in the same market and cannot find each other. That gap is filled by informal arrangements: powers of attorney that leave the buyer without a registered right, and over-price that the buyer pays and the struggling seller never sees.

What we do

We review each unit's contract and payment receipts before it is listed. We connect the seller with a buyer who takes the original contract price as it stands. And we walk both sides through to the formal assignment inside the developer company.

Three things we do not bend on

No over-price. The buyer pays exactly what the seller paid. Any premium makes the seller pay for their own difficulty twice.

Sellers pay nothing. 1% from the buyer, charged only when the transfer completes.

No powers of attorney. A power of attorney ends when its holder dies and can be revoked at will, and the unit stays in their name with the developer. A formal assignment actually changes who holds the right.

Download Aqar Loqta on your phone

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