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Etapa in Cairo

Name: Sales in Etapa started!
Start: 2021-11-24T06:43:00.438764+00:00
End: 2023-12-31T23:59:59+0000
Location: Etapa

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Project info

Object ID: 15880

Finished at	October 2022
Price, m²	From 1445$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 216.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking 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

312,120$

Net profit

9,376$

Payback period

26.6 years

Avg property value increase per year

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Promos and discounts for Etapa

About the project

The Egyptian government has launched a real estate development campaign that has been the most prominent of the results of the launch of more than one new residential and urban project, and City Edge Zayed was one of the companies that participated in this campaign with its distinctive project, Etapa El Sheikh Zayed.

During the design and implementation of this compound, City Edge Etapa has provided a high level of well-being, providing many vital and government services as well as service and leisure facilities, as well as 24-hour guarding and insurance.

It is known that the Egyptian government, particularly the Ministry of Housing and the Urban Communities Authority, is known for its recent interest in real estate investment in general and this is clearly shown in many new urban projects, with the Administrative Capital at the top, as well as many large-scale projects.

Etapa is one of the important real estate and investment projects, where City Edge Developments is the executing company of the project, which has extensive experience in real estate development and cared about it to be a residential project with all the services available to achieve well-being, as it is a unique experience that conveys the character of life from Dubai to Egypt.

16% of the total Etaba Compound area is allocated to residential units and the rest of the area for green spaces, facilities, and services for all customers to enjoy the landscapes and green spaces.

Developer

City Edge Developments is Egypt’s National leading real estate developer and development manager. The company established between New Urban …
Details about City Edge Developments