Golf Central in Cairo

Name: Sales in Golf Central started!
Start: 2021-11-18T12:35:18.752401+00:00
End: 2023-12-31T23:59:59+0000
Location: Golf Central

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Project info

Object ID: 15819

Finished at	September 2023
Price, m²	From 2420$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 76.00 m²
Floors	4
Apartments	66
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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Personal discount certificate 300$
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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

183,920$

Net profit

8,283$

Payback period

17.3 years

Avg property value increase per year

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About the project

In quite a prime location, and on a spacious area of 7.5 feddans, Palm Hills Developments exclusively brings you Golf Central. Golf Central is where all the headline business takes place.

On 31,792sqm, we built an ornate complex with 188 luxuriously striking offices for all the big business brains. We’re also bringing you 66 commercial units for a very special sense of composure over an including cup of coffee, or whatever taste you really relish.