ADMNISTRATION OFFICE 160 Q M FOR FREE DP 6 MILLION CASH BACK 100% NO INSTALMENT RENTED YEARLY 2.4 MILLION VERY GOOD INVESTMENT AT NEW CAPITAL
New Capital City, Cairo
3 weeks ago
Highlights
TypeOffice Space
Area (m²)160
FurnishedNo
Details
Price TypeNegotiable
Payment OptionCash or Installment
Completion statusOff-plan
Delivery Date2028
Description
Administrative Office
You read that right with HUB Development.
You won't miss this investment opportunity.
Administrative office priced at EGP 12 million.
160 sq. m. , sixth floor.
50% down payment = EGP 6 million.
100% return on the down payment over 6 years, fully refunded as a bank deposit.
First installment after receipt over 4 years.
1.5 million per year.
With a mandatory 10-year rental rate of 18% to 25%.
If we calculate a 20% lower-than-average rate and today's unit price,
The rental return is EGP 2.4 million per year. Your installment after receipt is EGP 1.5 million, meaning a net profit of EGP 900,000 after deducting installments for 4 years until you complete the installments. After that, the full profit is paid in installments for 6 years without any installments.
Note: There is a 10% annual increase.
That means every 3 months. 600,000
At the time of lease, we are talking about a higher rental return after 3 years.
* In the event of a delay in delivery by the developer, the installment will be waived as if it had already been paid.
* Delivery within 3 years.
Location
Location: Directly on the Western Axis
Inside the Downtown area, minutes away from Al-Massa Hotel, the Data Center, Central Park, and the Government District (Downtown landmarks).
Also on three Triple View streets.
On one of the most important axes in Downtown, the Western Axis.
The project is located on three floors.
All units overlook a distinctive view.
Project Details
- Area 2,200 square meters
- G+11
- Fully serviced project: commercial, administrative, and medical
Mohamed El-Sayed / (View phone number) HUB
Location
Egypt
Ad id 501454269
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