Eco West in Cairo

Name: Sales in Eco West started!
Start: 2021-11-04T08:15:43.983403+00:00
End: 2023-12-31T23:59:59+0000
Location: Eco West

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Project info

Object ID: 15544

Finished at	December 2023
Price, m²	From 680$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 80.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

10,605$

Rental income

1,103$

Management

689$

Utilities

530$

5% Income tax

8,283$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	50$	250$
February	28	21%	6	50$	300$
March	31	16%	5	55$	275$
April	30	16%	5	60$	300$
May	31	32%	10	60$	600$
June	30	60%	18	70$	1260$
July	31	80%	25	95$	2375$
August	31	80%	25	100$	2500$
September	30	46%	14	75$	1050$
October	31	45%	14	60$	840$
November	30	30%	9	50$	450$
December	31	29%	9	45$	405$
Total	365		145		10605$
Average		39%		64$

Total invested

54,400$

Net profit

8,283$

Payback period

5.1 years

Avg property value increase per year

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About the project

The project was implemented by the New City October Company, the Eco West New City project, on an area of 120 acres, and this area may be divided between the project services, green spaces, and constructions.

New City October Company was keen on the Eco West New City project to provide the necessary services that everyone who owns a housing unit in this project needs, and among the most important services of the project:

Gym, spa, and jacuzzi.

Entertainment areas for children.

Sports club located on an area of 1.5 acres.

International School.

soccer fields.

Tennis courts.

The area designated for barbecuing.