Menorca in Cairo

Name: Sales in Menorca started!
Start: 2021-11-10T08:12:12.638712+00:00
End: 2023-12-31T23:59:59+0000
Location: Menorca

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Construction

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Property for sale in Menorca — look at the real estate search engine GEOLN.COM. Photo 1

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Property for sale in Menorca — look at the real estate search engine GEOLN.COM. Photo 6

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Project info

Object ID: 15628

Finished at	September 2022
Price, m²	From 555$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 115.00 m²
Floors	10
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Pool Commercial area Kids playground 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

63,825$

Net profit

9,376$

Payback period

5.4 years

Avg property value increase per year

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Promos and discounts for Menorca

About the project

It is one of the highest residential compounds that is strategically located in the heart of the New Administrative Capital, which has become the focus of everyone's attention, as well as it features modern architectural design and magnificent views of the landscape and stunning scenery, where the Compound offers all the high-end livelihood of services, facilities, and leisure activities, you can now book your apartment unit in one of the best compounds of the Administrative Capital at the best prices and payment systems that reach several years so feel free and start booking before it is too late.

Developer

Over the last three decades, MARDEV GROUP has risen from a noble and ethical leadership ideology in Egypt to be a very successful Egyptian o…
Details about Mardev