Cleopatra Palace in Cairo

Name: Sales in Cleopatra Palace started!
Start: 2021-11-19T12:25:41.904585+00:00
End: 2023-12-31T23:59:59+0000
Location: Cleopatra Palace

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Project info

Object ID: 15842

Finished at	July 2023
Price, m²	From 1165$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 82.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Pool 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

95,530$

Net profit

9,376$

Payback period

8.1 years

Avg property value increase per year

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About the project

Cleopatra Palace is located in El Shorouk City, on the road to the city of Suez. It is a first-class luxury compound located over 200,000 square meters. Every facility is available at Cleopatra village. 16 residential buildings with four stories, basement and garage have been designed for people searching for apartments in one of the quietest compounds in El Shorouk City.

Communal park, running elegantly between the villas, including: central garden area around lake with plaza, pergola cafè and restaurant. Children and sports areas. Clubhouse with outdoor and indoor swimming pool, wellness center and entertainment facilities. Administrative office, workshop and maintenance facilities. Pool connection facility installed in each villa. The fastest optical fiber internet connection in Egypt.

Villas are designed by G.B. Bellagamba, one of the most prestigious Italian architects, working with Cleopatra Group since over a decade. His experience in high-end luxury resort design and his knowledge of Egyptian architecture are strongly visible in its realizations. G.B. Bellagamba’s expert knowledge in resort and villa design ensures that Cleopatra Palace stands out as the most interesting resort in the area.