Tag Sultan in Cairo

Name: Sales in Tag Sultan started!
Start: 2021-11-29T10:06:14.979746+00:00
End: 2023-12-31T23:59:59+0000
Location: Tag Sultan

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Construction

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Project info

Object ID: 15970

Finished at	March 2022
Price, m²	From 1400$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 95.00 m²
Floors	5
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
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

133,000$

Net profit

9,376$

Payback period

11.3 years

Avg property value increase per year

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About the project

Tag Sultan compound is one of the projects that have been established in Cairo and is one of the largest projects with many distinguished services. It was built in a distinctive location, close to many distinguished areas.

Taj Sultan New Cairo is located in a very special location, where the project is located in New Cairo and it is near the following places:

It is located 10 minutes near Nasr City.

It is l10 minutes from the 5th settlement.

It is also close to Cairo International Airport.

It is located close to one of the famous hotels, Kempinski Hotel.

Mirage city.

It is located along El Thawra Street on the ring road in Heliopolis.

Developer

Founded in 1959 as a public real estate company, Madinet Nasr for Housing & Development (MNHD) is a leading real estate development comp…
Details about MNHD