Alaire in Cairo

Name: Sales in Alaire started!
Start: 2021-11-03T10:25:15.360099+00:00
End: 2023-12-31T23:59:59+0000
Location: Alaire

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Project info

Object ID: 15525

Finished at	December 2022
Price, m²	From 1400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	6
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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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

112,000$

Net profit

8,283$

Payback period

10.6 years

Avg property value increase per year

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About the project

It’s time to unleash the first chapter in the journey of The City of Odyssia. That new chapter is Alaire! The soul of the city... Alaire is crafted to form the definition of cheerfulness and refinement. Taking advantage of the amenities and the cultural offerings provided by the Design Hub area of the core Commercial Business District, Alaire is the optimum choice to live, work, and enjoy the pleasure of life. Alaire promises the ideal experience for each of its residents, the City of Odyssia brings together townhouses, twin houses and apartments, all within one connected community that is made alive with its people.

With amenities that add value to your day-to-day life, the reward is an elevated understanding of how to become the best version of yourself. The City of Odyssia is a sustainable destination that is made alive with its people. All facilities are designed to cater to your everyday needs, allowing you to be integrated with a community of likeminded people who share your same values, beliefs, and passions.

Located 30 km east of Greater Cairo, Alaire is well connected with New Cairo City to the west, and New Capital City to the east. It also has excellent international connectivity with direct access to Cairo International Airport to the west and the New Capital Airport to the east.

Developer

Back in 1994, Eng. Hussein Sabbour had a vision. His aspirational vision was to establish one of the first engineering consultancy firms in …
Details about Al Ahly for Real Estate Development