Hacienda Bay in El Dabaa

Name: Sales in Hacienda Bay started!
Start: 2021-11-18T13:09:30.771162+00:00
End: 2023-12-31T23:59:59+0000
Location: Hacienda Bay

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Project info

Object ID: 15824

Finished at	December 2019
Price, m²	From 755$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 354.00 m²
Floors	4
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area 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

267,270$

Net profit

9,376$

Payback period

22.7 years

Avg property value increase per year

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About the project

This village has a unique location, which was a priority to the developer in order to attract buyers and investors towards the project. The site features astonishing sea views in Sidi Abdel Rahman on North Coast. Specifically, it is on the 200th kilometer of Alexandria-Marsa Matrouh Road.

The location of Hacienda is characterized by its proximity to several important destinations such as Al Alamein City Airport, which is only 15 minutes away from the village. The project is also less than an hour away from Marsa Matrouh city, and is only 265 kilometers away from Cairo.

The project is located close to several other landmarks that residents may be interested in, such as the World War II Museum, which is only 10 minutes away.