EGP 5,000,000

1 Bedroom + Maid
1 Bathroom
990 sqft / 92 sqm
APARTMENT FOR SALE IN CORNISH EL NILE ST., MAADI

Invest. and own a fully furnished hotel apartment

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

Finished with air conditioners and appliances



Alone at 92 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

990 sqft / 92 sqm

Bedrooms

1 + Maid

Bathrooms

1


Amenities

Maids Room

Central A/C

Covered Parking

Built in Wardrobes

Kitchen Appliances


Location

Map preview
Hay El Maadi
Community Insights

Price Range:

350K-300M EGP

Price Insights

This property costs 40% less than the average price of 1 bedroom in Cairo

Average Sale Price is 8,289,922 EGP

This property is 46% bigger than the average size of 1 bedroom in Cairo

Average size is 63 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 (306)

Regulatory information
Regulatory information

Reference

sre92

Listed

2 days ago

Payment method

Cash