New Giza in Cairo

Name: Sales in New Giza started!
Start: 2021-11-16T10:32:09.718054+00:00
End: 2023-12-31T23:59:59+0000
Location: New Giza

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Project info

Object ID: 15762

Finished at	May 2019
Price, m²	From 1270$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 m²
Floors	4
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Pool Kids playground Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

127,000$

Net profit

9,376$

Payback period

10.8 years

Avg property value increase per year

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About the project

One of the most unique Compounds in 6 October, it offers all services and facilities to meet the needs of residents, as the owner company has been able to put all the basic services and features that are indispensable in Newgiza compound in order to get a quiet residential community in the heart of Cairo, it also was designed on a large area, most of which was allocated for green spaces.

It was executed on 6th of October City on Cairo-Alexandria Desert Road on 1500 acres divided into many units vary among apartments, duplexes, twin houses, villa for sale in New Giza Egypt with allocating the majority of the total area for vast green spaces, and the rest for buildings, facilities, and services.