Al Maqsad in Cairo

Name: Sales in Al Maqsad started!
Start: 2021-11-24T07:50:43.547485+00:00
End: 2023-12-31T23:59:59+0000
Location: Al Maqsad

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Construction

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Project info

Object ID: 15887

Finished at	September 2022
Price, m²	From 600$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 137.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
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

82,200$

Net profit

9,376$

Payback period

7.0 years

Avg property value increase per year

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About the project

City Edge Real Estate Development Company has announced its second project in the New Administrative Capital, a luxury residential project offered by the company after the great success of its first project of Al Maqsad villas compound, where it offers a new package of services and luxury residential units to join its series of endless successes that give it more confidence and excellence in the real estate field.

One of the highest residential units in the Capital that is characterized by luxury and sophistication to suit the owners of the high taste, and for all lovers of tranquility and nature, where it is surrounded by the vast green spaces, and water bodies, and characterized by its distinctive location in the heart of the New Administrative Capital, which has become the focus of everyone's attention and represents the highest residential cities in Cairo where services, facilities, and various recreational activities, do not hesitate and take the opportunity to reserve your unit before it is too late with the best prices and payment systems up to several years.

Developer

City Edge Developments is Egypt’s National leading real estate developer and development manager. The company established between New Urban …
Details about City Edge Developments