Aroma Residence in Cairo

Name: Sales in Aroma Residence started!
Start: 2021-11-11T08:27:45.026016+00:00
End: 2023-12-31T23:59:59+0000
Location: Aroma Residence

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Project info

Object ID: 15657

Finished at	December 2019
Price, m²	From 300$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	3
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Kids playground Near supermarket
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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

27,000$

Net profit

9,376$

Payback period

2.3 years

Avg property value increase per year

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About the project

It is an upscale tourist village by Residence Real Estate Development, located in the finest part of Al Ain Al Sokhna directly on the coast so that customers can enjoy the scenic views and charming nature. Besides the location, the project offers comprehensive services, recreational facilities, appropriate prices, and other features that can be identified by following the article.

Aroma Residence enjoys a strategic site, located on the Red Sea coast in Ras Al Khaleej region, on the Alexandria-Suez desert road, specifically on the 38th kilometer. It is very close to Tulip Residence.

Aroma Sokhna can be found between La Serena Palm Beach and Al Ein Bay Resort, it is also about 60 minutes from Cairo International Airport.

New Administrative Capital is only 20 minutes away from the project, while New Cairo is only 15 minutes away.