La Fontaine in Cairo

Name: Sales in La Fontaine started!
Start: 2021-11-24T06:27:52.772004+00:00
End: 2023-12-31T23:59:59+0000
Location: La Fontaine

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Project info

Object ID: 15879

Finished at	September 2022
Price, m²	From 800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 135.00 m²
Floors	4
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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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

108,000$

Net profit

9,376$

Payback period

9.2 years

Avg property value increase per year

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About the project

A sophisticated compound in the heart of the 5th Settlement New Cairo provides you with all the services so that you live within it an easy and luxurious life at the same time, gives you a residential unit with the most beautiful view of the green spaces, water bodies, and next to you all the facilities, La Fontaine Fifth Settlement is the latest launch of Arco Developments, one of the companies of City Stars Group in New Cairo, which has designed it according to the latest Ultra Modern international designs like the European style, La Fontaine combines the East and the West is in a great mix where luxury residence provides you with a lively and comfortable atmosphere away from the hustle, pollution and noise while all units enjoy the greatest privacy that customers are keen on and the traditions of our eastern communities.

Developer

ARCO is a leading real estate company in the Egyptian market,primarily developing integrated residential, commercial real estate and resort…
Details about ARCO