Mivida Business in Cairo

Name: Sales in Mivida Business started!
Start: 2021-11-30T11:18:21.385821+00:00
End: 2023-12-31T23:59:59+0000
Location: Mivida Business

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Construction

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Project info

Object ID: 15986

Finished at	December 2021
Price, m²	From 1590$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking 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

190,800$

Net profit

9,376$

Payback period

16.2 years

Avg property value increase per year

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About the project

Mivida Mall is one of Emaar Misr projects, which is an integrated complex consisting of 11 administrative buildings that includes all the means of well-being and all services and facilities that meet all the needs of customers from recreational activities, medical services, and green spaces for recreation in the atmosphere of nature, so you can choose the space that suits you at the best prices and the best locations and installment up to several years.