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Marina Wadi Degla in Suez

Name: Sales in Marina Wadi Degla started!
Start: 2021-11-26T06:55:28.008675+00:00
End: 2023-12-31T23:59:59+0000
Location: Marina Wadi Degla

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Project info

Object ID: 15943

Finished at	February 2022
Price, m²	From 925$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 90.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
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

83,250$

Net profit

9,376$

Payback period

7.1 years

Avg property value increase per year

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About the project

Marina Wadi Degla is located in Ain El-Sokhna on the Red Sea Coast along the Gulf of Suez.

The development currently stretches over approximately 223,000 sqm allowing units a marvelous view of the sea as well as green areas stretched out along the project

The project is specially designed to offer several benefits to our selective community. From walk-in pools, lush green landscape, private gardens and roofs and speed boat docking services, each moment is experienced with a heightened sense of enjoyment.

The Existing – Phases 1, 2, 3

Phases 1, 2, 3 of the project have been completed. The units offer sea, beach and pool views with fully landscaped green areas.

The Extension – Phase 4

The new extension to Wadi Degla El Sokhna Phase 4 spreads over approximately 400,000 sqm and embraces more sport activity facilities as well as a variety of entertainment facilities.

Developer

Mission We look ahead of time and customize our projects to your specific needs, building and developing with you in mind. We deliver the r…
Details about Wadi Degla