Transaction volume is the missing piece for me. A 5.7% asking-to-completed gap can accompany a functioning market or a very thin one. Without the number of completed transactions behind it, a few unusual sales could move the result substantially.
I want a realistic estimate of the total cost of acquiring a Cairo mixed-use building, but several items remain uncertain at an indicated price of about EGP 67,200,000. Transfer tax, registration, legal or notary work and basic due diligence are already included; the effect of the ownership...