Sawary in Alexandria

Name: Sales in Sawary started!
Start: 2021-11-12T06:33:20.331346+00:00
End: 2023-12-31T23:59:59+0000
Location: Sawary

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Project info

Object ID: 15689

Finished at	December 2022
Price, m²	From 810$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 180.00 m²
Floors	12
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area 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

145,800$

Net profit

9,376$

Payback period

12.4 years

Avg property value increase per year

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About the project

The project’s vision is built around its center feature; a community-life in the heart of New Alexandria centered around all your needs for a comfortable, luxurious, and modern lifestyle.

Sawary is impressively built on 417 acres directly overlooking Lake Mariout, Set to become the first and largest of its kind in Alexandria. The project’s vision is built around its center feature; a community-life in the heart of New Alexandria centered around all your needs for a comfortable, luxurious, and modern lifestyle. Sawary aims to become the city’s biggest landmark, and pave the way for a modern, gated compound that offers an unprecedented life experience at the coastal city.

Planned with residents’ convenience in mind, Sawary enjoys a central location at the intersection of the International Coastal Road and Cairo Alexandria Road. Easily accessible from vital roads such as the Qabari and Alexandria Agriculture Road, the development not only boasts a strategic location reachable from any point, but is also surrounded by vital attractions such as Carrefour, a lively entertainment and retail hub, the Police Medical Hospital and an exhibition area.