Off-Plan
9
Hotel unit managed by Concord El Salam, currently leased
Here's the English translation of your text, maintaining the original meaning and tone:
The provided text discusses the advantages of a hotel unit investment and a financial projection.
Investment Highlights:
Simple Financial Calculation:Let's take our largest unit in the project, which is 98 square meters.
If we look at Concorde Hotel's reservations on Booking. com today, you'll find that a single night's stay costs 25,000 EGP for a unit of only 52 square meters.
Let's add just 5,000 EGP to that price for the difference in area and also account for the three and a half years until delivery and operation.
Concorde's current reservation per night = 25,000 EGP
Unit area = 52 meters
Our Unit Details:
Unit area at 4T1 = 98 meters
Unit price = 15,100,532 EGP
Quarterly installments over 8 years = 424,702 EGP
Now, let's assume, as we agreed, that the reservation price for these two rooms in three and a half years will be only 30,000 EGP, and that the unit will be operational for just 20 days a month, not the whole month. We're setting this as a worst-case scenario.
Projected Income (Worst-Case Scenario):
Reservation per night = 30,000 EGP
Income per 20 days per month = 600,000 EGP
Income per year = 7,200,000 EGP
Let's also deduct the highest possible percentage for Concorde's operation and rentals, which will never actually reach this level, but as I said, we're considering the worst-case scenario.
Concorde's percentage = 40%
Rest of the total amount (after Concorde's cut) = 4,320,000 EGP
Now, let's deduct the quarterly installment to calculate the net profit.
Total annual income / 4 quarters = 1,080,000 EGP (This represents your share of the annual income, divided quarterly)
Net income per quarter = 1,080,000 EGP - 424,702 EGP = 655,298 EGP
Can you imagine that?! This is the net profit in just three months.
The provided text discusses the advantages of a hotel unit investment and a financial projection.
Investment Highlights:
- Concorde's Fourth Branch: The entire tower is considered the fourth branch of the Concorde Hotel.
- Established 5-Star Hotel: This is a 5-star hotel that has been operating in the Egyptian market for over 48 years.
- Extensive Global Network: It boasts the largest base of tourism companies worldwide.
- Strong Online Presence: The hotel has a robust presence on all major platforms, such as Booking. com.
- Proximity to Key Demand Drivers: The hotel is strategically located near foreign labor and tourist attractions in the capital. This includes petroleum companies, where 49% of the workforce is foreign, and the Grand Mosque of Egypt, which attracts significant religious tourism.
- Scarcity of Hotel Units: There's a scarcity of hotel units in the capital, especially in Downtown, particularly a full tower of hotel units under a single management.
Simple Financial Calculation:Let's take our largest unit in the project, which is 98 square meters.
If we look at Concorde Hotel's reservations on Booking. com today, you'll find that a single night's stay costs 25,000 EGP for a unit of only 52 square meters.
Let's add just 5,000 EGP to that price for the difference in area and also account for the three and a half years until delivery and operation.
Concorde's current reservation per night = 25,000 EGP
Unit area = 52 meters
Our Unit Details:
Unit area at 4T1 = 98 meters
Unit price = 15,100,532 EGP
Quarterly installments over 8 years = 424,702 EGP
Now, let's assume, as we agreed, that the reservation price for these two rooms in three and a half years will be only 30,000 EGP, and that the unit will be operational for just 20 days a month, not the whole month. We're setting this as a worst-case scenario.
Projected Income (Worst-Case Scenario):
Reservation per night = 30,000 EGP
Income per 20 days per month = 600,000 EGP
Income per year = 7,200,000 EGP
Let's also deduct the highest possible percentage for Concorde's operation and rentals, which will never actually reach this level, but as I said, we're considering the worst-case scenario.
Concorde's percentage = 40%
Rest of the total amount (after Concorde's cut) = 4,320,000 EGP
Now, let's deduct the quarterly installment to calculate the net profit.
Total annual income / 4 quarters = 1,080,000 EGP (This represents your share of the annual income, divided quarterly)
Net income per quarter = 1,080,000 EGP - 424,702 EGP = 655,298 EGP
Can you imagine that?! This is the net profit in just three months.
Property Information
- TypeHotel Apartment
- PurposeFor Sale
- Reference no.Bayut - HS-24
- CompletionOff-Plan
- Added on24 July 2025
Features / Amenities
Shared Kitchen
Swimming Pool
Jacuzzi
Sauna
+ 23 more amenities
Trends
Location & Nearby
Location
Schools
Restaurants
Hospitals
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