Atrio in Cairo

Name: Sales in Atrio started!
Start: 2021-11-25T06:43:24.064210+00:00
End: 2023-12-31T23:59:59+0000
Location: Atrio

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Construction

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Project info

Object ID: 15910

Finished at	May 2022
Price, m²	From 2450$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 240.00 m²
Floors	2
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking 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

588,000$

Net profit

9,376$

Payback period

50.0 years

Avg property value increase per year

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About the project

Atrio is one of the projects of Iwan Developments as it includes many residential projects that ensure you to live comfortably and differently in your life, you will find very luxurious and beautiful residential complexes, it is in a dynamic and investment place, it offers a range of distinctive services, you will not feel your need for something because it provides you with everything you want, it occupies an area of about 16,000 square meters of the project area, 80,000 square meters, the compound offers residential units specifically for those seeking a safe and secure unit in addition to the necessary services.

Developer

Established in 2004, IWAN Developments is a leading Egyptian real estate development shareholding company. Founded on the vision of developi…
Details about Iwan Developments