SED Nile Towers in Cairo

Name: Sales in SED Nile Towers started!
Start: 2021-11-11T12:50:10.086026+00:00
End: 2023-12-31T23:59:59+0000
Location: SED Nile Towers

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Project info

Object ID: 15671

Finished at	December 2022
Price, m²	From 3100$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 123.00 m²
Floors	23
Apartments	190
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Pool Commercial area 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

381,300$

Net profit

9,376$

Payback period

32.4 years

Avg property value increase per year

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About the project

Consisting of two towers overlooking the Nile River, Given their prime location and breathtaking Nile view, SED Nile Towers is set to become amongst the most attractive residential towers in Cairo.

SED Nile Towers is centrally located in one of the most luxurious districts, Maadi district. They are deliberately located 7km from downtown, 9.5km from Zamalek. With easy access to the ring road they are strategically located within 30 minutes from Cairo International Airport. Not only are the towers overlooking the Nile’s widest spot, but are also in sight of the ancient Pyramids of Giza having them only 18km away.