Baron City in Cairo

Name: Sales in Baron City started!
Start: 2021-11-26T12:10:15.797648+00:00
End: 2023-12-31T23:59:59+0000
Location: Baron City

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Project info

Object ID: 15958

Finished at	October 2020
Price, m²	From 795$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 100.00 m²
Floors	11
Building phase	Completed
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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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

79,500$

Net profit

9,376$

Payback period

6.8 years

Avg property value increase per year

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About the project

For middle-income households, affordable residences outside of the city center may be scarce. This is where Baron City comes in, with 63 high-rise buildings, each 11 floors high. Located along the Cairo Ring Road, near the 5th Settlement, Baron City was launched in line with the company’s mission to help alleviate the housing issue in Greater Cairo.

Developer

Orientals for Urban Development (OUD) was established in 1994 to capitalize on the real estate boom in Egypt. As an Egyptian joint-stock com…
Details about Orientals For Urban Development - OUD