For Sale:
Cairo Other Residential
Maadi
Reve du nil
Bayut - NA Z 20-7 - 04
Screenshot 2024-07-16 at 14-28-33 REVE Brochure Digital - REVE Brochure Digital (2). pdf. png
EGP18,000,000
Down payment: EGP 6,300,000
Reve du nil, Maadi, Cairo
2 Baths
110 Sq. M.

Top Fast Hotel Investment on Maadi Corniche

The Ultimate Residential Investment Opportunity on Maadi CornichePrime Nile View - Unmatched and Exclusive Offer
Located just past Al Salam International Hospital on the Nile Corniche, immediate delivery in 6 months.
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Project Highlights:
  • First Hotel Tower with Gloria Hotel Management:
  • Track Record: Over 50 projects across the Arab world and the Middle East, including Saudi Arabia, UAE (Abu Dhabi, Dubai), Qatar, and Turkey.
  • Structure: Ground + 20 floors.
  • Ground Floor: Hotel entrance + commercial spaces.
  • 20th Floor: Panorama restaurant with Nile view, infinity pool.
  • Parking: Dedicated space covering the entire ground area with a special entrance from the Nile Corniche.
  • 1st Floor Services: Gym, spa, kids area, co-working spaces, laundry under Brain 2 Fact management.
  • Exclusive 2500 sqm on the Nile Bank: Restaurant and pool.
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Investment Opportunity on Maadi Corniche
Unit Details:

  • Post-delivery, managed by a professional operation company
  • Rental return rates: 18% to 25%
  • High yield and quick investment
Hotel Apartment:

  • 2 bedrooms with Nile view
  • Total Price: EGP 18,000,000
  • Down Payment: 35% = EGP 6,300,000
  • Installments: Over 4 years
Rental Details:

  • Expected Annual Rental Income (at 22%): EGP 3,960,000
  • Penalty for non-rental: 10% of the total price = EGP 1,800,000 per year
Contract Clauses:

  • If delivery is delayed beyond 1 year and 6 months, installments stop until delivery.
  • If the unit isn't rented within 1.5 years, the management company pays a penalty of 10% of the total price.
  • No administrative fees on rent until all installments are paid.
For more details, offers, and comparisons with other projects, call

Property Information

  • TypeOther Residential
  • PurposeFor Sale
  • Reference no.Bayut - NA Z 20-7 - 04
  • CompletionOff-Plan
  • Added on21 July 2024
  • OwnershipPrimary

Features / Amenities

Swimming Pool
Covered parking
Pets Allowed
Electricity Meter
+ 11 more amenities

Location & Nearby

Location
Schools
Restaurants
Hospitals
Parks

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