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Neopolis in Cairo

Name: Sales in Neopolis started!
Start: 2021-11-26T07:07:27.333917+00:00
End: 2023-12-31T23:59:59+0000
Location: Neopolis

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Project info

Object ID: 15944

Finished at	May 2022
Price, m²	From 950$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 85.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

80,750$

Net profit

9,376$

Payback period

6.9 years

Avg property value increase per year

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About the project

Neopolis compound is of Wadi Degla projects in New Cairo as it is designed on an area of 545 acres, located in a privileged location near Madinaty and the ring road, only five minutes from the Fifth Settlement, 15 minutes from Nasr City, 20 minutes from Heliopolis and Maadi.

Enjoy life within this compound amidst many distinctive services, from green spaces to security and guarding to international schools and the commercial complex with many restaurants, cinemas, international brands, and Wadi Degla Sports Club.

Developer

Mission We look ahead of time and customize our projects to your specific needs, building and developing with you in mind. We deliver the r…
Details about Wadi Degla