For Sale:
Cairo Apartments
Downtown Cairo
Bayut - 5000532-lgCGqG
12
EGP18,229,000
Down payment: EGP 4,558,000
Downtown Cairo, Cairo
1 Bed
1 Bath
76 Sq. M.

SERVICE APPARTMENT 5 STAR FOR SALE 76 SQ M RENTED YEARLY 71000 DOLLARS HUGE INVESTMENT MAADI NILE CAIRO

Hotel Apartment on the Nile Direct

6 months initial receipt and a final year of operation

With a rental return of 18% ~ 22%

------------------------------

76 meter unit directly on the Nile

You pay a down payment and installments for a year and then you get your profits

Total unit price before discount = 20254000

Total unit price after discount = 18229000

25% down payment = 4558000

Installments for 4 years instead of 3 years

Each quarter = 855000

Total value paid per year = 3418000

Average rental return 20% = 3646000

This means that you profit in the first year after operation (228000)

Reve Du Nil 

Novara Development

- Our project provides you with all the success factors for investment

- With a construction rate exceeding 95%

- Receipt one year from the date of contracting

* Facade width 55 meters overlooking the Nile

* 4 elevators in the tower (Hyundai)

* Tower ground floor + 20 floors

* (Ground floor hotel entrance - first shops and service areas - from the second to the nineteenth floor hotel units - twentieth floor restaurant - swimming pool)

* 2800 meters on the Nile River (restaurants, cafes, infinity pool and Night club)

* Hotel management company:

Gloria Hotels & Resorts

* Receipt finished with air conditioners, furniture and appliances (Samsung)

* Initial receipt 6 months and final receipt 12 months

* Maintenance: 7%

* Real rental return after receipt starts from

* 18% Up to 22% minimum of the total unit value annually

Mohamed El Sayed /

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - 5000532-lgCGqG
  • CompletionReady
  • FurnishingFurnished
  • Added on26 November 2024
  • OwnershipPrimary

Features / Amenities

Completion Year: 6
Freehold

Mortgage

Location & Nearby

Location
Schools
Restaurants
Hospitals
Parks

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