Cavo Sokhna in Cairo

Name: Sales in Cavo Sokhna started!
Start: 2021-11-10T10:00:24.327211+00:00
End: 2023-12-31T23:59:59+0000
Location: Cavo Sokhna

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Construction

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Project info

Object ID: 15635

Finished at	September 2024
Price, m²	From 1050$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness 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

86,100$

Net profit

9,376$

Payback period

7.3 years

Avg property value increase per year

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About the project

It is one of the most important new projects in Al Ain Sokhna where it is considered a simulation of the charming nature characterized by beauty and luxury, Travco Properties has been keen to prepare the project in a way that helps the individual to feel comfortable, this resort overlooks the distinctive mountains and lakes, where it is considered a combination of luxury and simplicity and this Resort is also one of the projects of Almaza Bay on the North Coast.

This tourist resort occupies an excellent location in Ain Sokhna because it is located on the summit of an isolated mountain in this charming area, opposite the famous Mount Ataqa, this huge project was built at an altitude of 110 meters above the level of the Red Sea, which means that it enjoys a charming view of the Red Sea, the owner company was keen to choose this wonderful site with great interest to be one of the most important projects of the famous Almaza Bay on the North Coast, the project is located only 10 minutes from IL Monte Galala Ain Sokhna, and it is just 3 minutes away from Blumar El Sokhna.