The Axis in Cairo

Name: Sales in The Axis started!
Start: 2021-11-24T12:01:31.945722+00:00
End: 2023-12-31T23:59:59+0000
Location: The Axis

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Project info

Object ID: 15898

Finished at	September 2022
Price, m²	From 1570$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 89.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	CCTV 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

139,730$

Net profit

9,376$

Payback period

11.9 years

Avg property value increase per year

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About the project

The Axis compound is one of the projects of Iwan Developments, where it is located in 6 October and will contain many services, and the compound was built on a huge area and therefore the space of the units inside it will be large and this will impress many customers.

The Axis compound Iwan is designed on 50 acres, as the majority of the spaces are for services and facilities, 74%, and 26% is for the residential units.

The residential units within the compound will have various bedrooms starts from one up to 4 rooms with a large terrace and large reception in addition to 2 bathrooms with suitable spaces.

Developer

Established in 2004, IWAN Developments is a leading Egyptian real estate development shareholding company. Founded on the vision of developi…
Details about Iwan Developments