Kattameya Gate in Cairo

Name: Sales in Kattameya Gate started!
Start: 2021-11-29T12:11:38.784518+00:00
End: 2023-12-31T23:59:59+0000
Location: Kattameya Gate

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Project info

Object ID: 15975

Finished at	September 2022
Price, m²	From 840$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 41.00 m²
Floors	11
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

9,026$

Rental income

1,103$

Management

689$

Utilities

451$

5% Income tax

6,783$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	30$	270$
February	28	35%	10	30$	300$
March	31	22%	7	33$	231$
April	30	23%	7	40$	280$
May	31	38%	12	40$	480$
June	30	73%	22	45$	990$
July	31	87%	27	75$	2025$
August	31	87%	27	75$	2025$
September	30	60%	18	55$	990$
October	31	58%	18	40$	720$
November	30	36%	11	30$	330$
December	31	35%	11	35$	385$
Total	365		179		9026$
Average		48%		44$

Total invested

34,440$

Net profit

6,783$

Payback period

3.8 years

Avg property value increase per year

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About the project

Memaar Al Morshedy is one of the largest real estate development companies, so it is characterized by the work of important and huge projects at the same time, and Kattameya Gate Project is one of those integrated works that have always fascinated us.

The project holds a large area that enables it to have endless advantages and unique services and also makes it include units of various sizes and designs, as it was designed by VPD, one of the major design companies that designed most of the Dubai World Towers.