Lavenir in Cairo

Name: Sales in Lavenir started!
Start: 2021-11-03T08:05:14.802189+00:00
End: 2023-12-31T23:59:59+0000
Location: Lavenir

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Project info

Object ID: 15518

Finished at	September 2022
Price, m²	From 800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 120.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness 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

96,000$

Net profit

9,376$

Payback period

8.2 years

Avg property value increase per year

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About the project

L’avenir lies on over than 100 acres, within the first mixed green city in new Cairo (Mostakbal City). It provides a luxurious healthy life style with 90% green areas and broad services for its elite residences. The contemporary and modern French design of L’Avenir provides 3 different unit varieties to suite you and your family twin houses, duplexes, and apartments.

Developer

Back in 1994, Eng. Hussein Sabbour had a vision. His aspirational vision was to establish one of the first engineering consultancy firms in …
Details about Al Ahly for Real Estate Development