Signature 83 in Cairo

Name: Sales in Signature 83 started!
Start: 2021-11-03T07:31:37.598283+00:00
End: 2023-12-31T23:59:59+0000
Location: Signature 83

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Project info

Object ID: 15515

Finished at	October 2020
Price, m²	From 1500$
Housing class	Economy
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	Security
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

82,500$

Net profit

7,229$

Payback period

8.7 years

Avg property value increase per year

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About the project

The Signature Residence is a smart residential project built on 1,050 sqm offering apartments and duplexes with unique architectural designs. It offers a multitude of different apartments and duplexes options which include private gardens and roof terraces. This project offers smart solutions with its unique homes functional design, fiting perfectly as they have been master-planned with the concept of Maadi in mind - all the while ensuring clients safety and security with the confidence that it has not left out anything essential. The Signature Residence strategically located in El Sarayat El Maadi the oldest area in Maadi, composed mostly of villas and low-rise buildings. It is the most affluent part of Maadi along with the adjacent Degla area. These two areas are recognizable by the high number of roundabouts, quiet atmosphere and greenery, just a short walk away from 9 street " The Commercial Zone", that consists of supermarkets, restaurants and cafes.