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Privado Madinaty in Cairo

Name: Sales in Privado Madinaty started!
Start: 2021-11-22T07:02:39.009938+00:00
End: 2023-12-31T23:59:59+0000
Location: Privado Madinaty

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Project info

Object ID: 15849

Finished at	December 2021
Price, m²	From 2650$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking 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

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

159,000$

Net profit

7,229$

Payback period

16.7 years

Avg property value increase per year

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About the project

The project was built within Madinaty and a total area of 270 acres has been allocated in order to establish the residential units on it, and the project has been divided into several residential buildings next to each other.

The buildings contained in Prevado include a number of 9,900 units, ready for habitation, that can be booked and housed by customers, and these units have been divided into many spaces to suit all capabilities, starting from 60 square meters up to a maximum of 180 square meters.

One of the most distinctive features of these buildings in the project is the central air conditioning units in each of them, as well as the exquisite designs that give the place a special character of beauty and sophistication.

A parking garage has also been added to the residents' cars underground, and work has been done to provide the best finishes in the interior shape of the buildings and residential units within, to go with the international specifications.

Developer

Talaat Moustafa Group (TMG) Holding is a leading conglomerate with special emphasis on developing integrated communities, including but not …
Details about Talaat Moustafa Group