Sodic Eastown in Cairo

Name: Sales in Sodic Eastown started!
Start: 2021-11-16T06:52:22.454769+00:00
End: 2023-12-31T23:59:59+0000
Location: Sodic Eastown

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Project info

Object ID: 15750

Finished at	October 2022
Price, m²	From 1762$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	4
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking 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

229,060$

Net profit

9,376$

Payback period

19.5 years

Avg property value increase per year

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About the project

Sodic East town New Cairo is one of the most important and greatest projects overseen by Sodic Developments among the New Administrative Capital Projects. The company has announced that the compound is one of the largest projects that has taken recently. It is worth mentioning that Sodic Developments is one of the few leading companies in the Egyptian market that has gained a prestigious position in its field, where the company's history and experience in this field are approaching 20 years of continuous success.

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The company prioritized the green spaces and landscapes of the project by creating a green walkway that runs through the heart of the compound and passes through the club, which is located in the center of the project on an area of 8 acres.