PANDORAS 56 in Glyfada

Name: PANDORAS 56
Brand: Scape
SKU: 11873
Availability: InStock

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Project info

Object ID: 11873

Finished at	December 2021
Price, m²	From 2400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 89.00 m²
Floors	7
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

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

213,600$

Net profit

9,376$

Payback period

18.2 years

Avg property value increase per year

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About the project

All clean lines and crisp edges, the seven apartments - the topmost of which has a rooftop penthouse suite - are designed to maximise space and light and come finished in materials that will appeal to the more discerning buyer. Intimate and elegant, Pandoras 56 offers the promise of sophisticated living in high-end surroundings.

Developer

A young company endowed with years of experience, collectively we have perfected our skills through decades of working on projects in Egypt,…
Details about Scape