EGP 7,750,000

2 Bedrooms + Maid
2 Bathrooms
1,528 sqft / 142 sqm
APARTMENT FOR SALE IN CORNISH EL NILE ST., MAADI

142sqm direct view with a mandatory rental income

By contracting with the Emirati Gloria Hotel on a 9-year operating contract

Finished with air conditioners and appliances

Alone at 142 metres

The most distinguished units and the most requested units for investors




The unit return ranges from 18% to 22% annually, at a minimum


This means that the annual return is at least 1,496,000















Novara Company is an Egyptian-Saudi partnership







Hotel management company: Gloria Hotel





FACILITIES


G+ 20 panoramic view

For contact and inspection: 01154582759

Property details

Property Type

Apartment

Property Size

1,528 sqft / 142 sqm

Bedrooms

2 + Maid

Bathrooms

2


Amenities

Maids Room

Central A/C

Balcony

Kitchen Appliances


Location

Map preview
Hay El Maadi
Community Insights

Price Range:

111K-300M EGP

Price Insights

This property costs 199% more than the average price of 2 bedroom in Cairo

Average Sale Price is 2,592,694 EGP

This property is 27% bigger than the average size of 2 bedroom in Cairo

Average size is 112 sqm

The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Cairo

Provided by

salma hany

Falcon Real Estate

See all properties (331)

Regulatory information
Regulatory information

Reference

sre142

Listed

4 days ago

Payment method

Cash