Lake View Residence in Cairo

Name: Sales in Lake View Residence started!
Start: 2021-11-11T11:28:39.946576+00:00
End: 2023-12-31T23:59:59+0000
Location: Lake View Residence

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Project info

Object ID: 15665

Finished at	December 2022
Price, m²	From 985$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 142.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

139,870$

Net profit

9,376$

Payback period

11.9 years

Avg property value increase per year

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Promos and discounts for Lake View Residence

About the project

It is the most beautiful spot in New Cairo and has become very popular thanks to its calmness and stunning designs. Compound Lake View Fifth Gathering is the place that achieves the difficult equation that many are looking for, as it is close to Greater Cairo and its ancient neighborhoods to reach your work and relatives in a few minutes, and at the same time, it is away from pollution, noise, and traffic, to live the life of luxury and relaxation that everyone deserves.

If you want to live in an ideal location, you'll find no better than the Lake View location of this compound. It is built in the heart of the Golden Square, the most important area in the Fifth Settlement that features all kinds of services throughout the day. The site features the following:

It is close to other important residential projects such as Palm Hills Compound, Emaar Real Estate's Mividia Project, as well as the famous SODIC Compound.

Lake View Residence is just two minutes away from Al-Nawadi Street.

It is just steps from the most important street of New Cairo, the southern Teseen St.

The American University is a few minutes from the Compound.

Just 15 minutes from Cairo International Airport.