Palm Hills New Cairo in Cairo

Name: Palm Hills New Cairo
Brand: Palm Hills development
SKU: 15820
Availability: InStock

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Project info

Object ID: 15820

Finished at	December 2021
Price, m²	From 1315$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 150.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool 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

197,250$

Net profit

9,376$

Payback period

16.8 years

Avg property value increase per year

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About the project

Palm Hills New Cairo is a new mixed-use community providing balance and diversity of housing types, natural backdrops, commercial services and recreational amenities for its residents and nearby visitors. It is influenced by the local area and is centered on creating a community of pedestrian-scaled, tree shrouded neighorhoods, and each focused on a central park and social areas featuring services such as the community center. These lush green neighborhoods are sustainably balanced by the unique natural landscape features of the site. Street landscaping, entries, walls and fences, signage and other elements will be designed as an integrated system for each neighborhood. Each neighborhood will have its own exclusive community center, which will be the focal point for all communal activities.