This property is a 278 SqM penthouse with 4 bedrooms and 3 bathrooms that is available for sale. It is part of the Marassi project in Sidi Abdel Rahman, North Coast. You can buy this penthouse for a base price of EGP28,800,000 (EGP103,000/SqM).
Partly furnished means the property contains the basics i.e. beds, sofa, table and chairs, wardrobes but no electronic appliances, utensils and glassware in the kitchen.
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
Agent / Partner
Date ListedMay 31, 2021
Last Updated1 year ago
Investment Opportunity: Charges & Yield
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 4 bedroom penthouses at Marassi, and the current sales price.