MOUNTAIN VIEW RAS EL HIKMA in El Dabaa

Name: Sales in MOUNTAIN VIEW RAS EL HIKMA started!
Start: 2021-11-25T10:43:19.143575+00:00
End: 2023-12-31T23:59:59+0000
Location: MOUNTAIN VIEW RAS EL HIKMA

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Project info

Object ID: 15925

Finished at	March 2022
Price, m²	From 1340$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 92.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Pool Kids playground Near supermarket
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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

123,280$

Net profit

9,376$

Payback period

10.5 years

Avg property value increase per year

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About the project

Crystal blue waters and pristine white sands paired with the timeless charm of Greek architecture: The true essence of summer can be found at Mountain View Ras El Hikma. Because we value the importance of family, we have created a setting that makes each moment shared together, a memorable one. Comfortable homes, scenic architecture, everyday conveniences and a community you are proud to be part of Mountain View Ras El Hikma is all your summer dreams turned reality, an ideal setting for the perfect summer.

Developer

Driven by innovation, Mountain View for development and real estate investment is among Egypt’s leading private property development compani…
Details about Mountain View Developments