Fouka Bay in El Dabaa

Name: Sales in Fouka Bay started!
Start: 2021-11-19T07:48:10.406375+00:00
End: 2023-12-31T23:59:59+0000
Location: Fouka Bay

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Project info

Object ID: 15831

Finished at	July 2022
Price, m²	From 1325$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 125.00 m²
Floors	3
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

165,625$

Net profit

9,376$

Payback period

14.1 years

Avg property value increase per year

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About the project

Wake up to a joyous mosaic of 12 island clusters, beckoning paradise-surroundings; fringed by 7 km of white sandy beaches, and soaked in Crystal Lagoons® all around. Expertly conceived in partnership with world-renowned Italian architects Gianluca Peluffo and Partners, Fouka Bay is the place to socialise, relax and repose, as you experience a unique profusion of tropical island life in the North Coast. Fouka Bay brings to fruition a special blend of beachfront simplicity, and true exclusivity, so that you can enjoy a front-row seat onto Ras El Hekma’s virgin coastline. Awarded 2018 Top Mediterranean Resort in Development by The Mediterranean Resort & Hotel Real Estate Forum, Fouka Bay was crowned as an outstanding mixed -use resort showcasing dedication, innovation and expertise in tourism and hospitality across the Mediterranean region. Every home at Fouka Bay is crafted around your relaxation, and enjoyment. The development’s latest addition; The House Hotel & Residence is an exclusive invitation to enjoy the luxury of living in a beachfront serviced apartment while enjoying exciting water-sport activities, world-class dining experiences, and year- round entertainment with your loved ones.