Auja Homes
Palm Hills Katameya Extension · PK2 · Villa 415
ReportedReady to moveSemi-finished

Palm Hills Katameya Extension · PK2

Standalone villa · Villa 415 · New Cairo – other
EGP 30,000,000
72,289 / m²
Representative image · replaced by site photos after our visit
Built-up
415 m²
Land / garden
600 land
Bedrooms
4
Bathrooms
5

Auja's opinion

Auja says buy

A 415 m² standalone villa on 600 m² of land in an established Palm Hills community at about 72,000 per metre, against an area average near 97,000. It is semi-finished, so add the fit-out, but the discount to comps is larger than the fit-out. Strong resale liquidity means you can get out. This is the villa we would look at first.

Why buy
  • +~25% below the compound's own comps per metre
  • +Standalone on 600 m² of land
  • +Established community with strong resale liquidity
  • +Semi-finished lets you finish to your own standard
Why not
  • −Semi-finished: 3–4M and 6–9 months before you move in
  • −30M in resale terms: cash-heavy
  • −PK2 is the extension, not original Katameya
Who it fits
Family homeAppreciation play
Rental yield, gross, furnished
5.5%
indicative, before costs
Appreciation outlook
High
25% inside its own comp set in a compound with strong resale liquidity; the discount is the appreciation
If Auja manages it
short-term rental, furnished to our standard
Expected nightly rate
EGP 18,000
Expected occupancy
60%
219 nights a year
Gross revenue a year
EGP 3,942,000
To you, after costs and our fee
EGP 2,428,000
≈ EGP 202,000 a month
Net yield on the price
8.1%
Net yield on price + fit-out (EGP 4,500,000)
7.0%
Rate and occupancy are our estimate for this unit from the homes we run in New Cairo today. Operating costs are taken first (cleaning, utilities, maintenance, reserve, taxes: about 23% of revenue), then Auja takes 20% of the profit, so you keep roughly 62% of gross. Seasonal, before income tax, not a guarantee.
Our opinion, in writing, from the documents and the site visit. Not investment advice; we are paid by buyers, never by sellers.

What we checked

Reported
  • ✓Exact plot pinned on the map
  • ✓Agent stood on the plot and photographed it
  • ✗Stamped, dated developer price sheet photographed
  • ✓Built-up area confirmed in writing
  • ✓Delivery date taken from the contract or stamped sheet
  • ✗Full payment schedule captured, lump payments included

This listing is reported: some items are still being confirmed. We show it because the source is credible, and we tell you exactly what is not yet verified.

Payment

Resale — the seller sets the terms. Most sellers want the majority up front; some accept a short installment plan. We negotiate this for you.

Cash flow, year by year

Resale: the price is due on signing; fit-out at handover.
08.6M17.3M25.9M34.5M▼ keys202634.5M
DepositInstalmentsLump paymentsMaintenanceFit-out to Auja standard% of total paid
YearDepositInstalmentsLumpsMaintenanceFit-outTotalPaid so far
2026keys30,000,000———4,500,00034,500,000100%
Total30,000,0000004,500,00034,500,000
Year 1 starts today. Instalments spread evenly between lump payments; lump months come from the developer's schedule. Maintenance at handover. Fit-out shown in the delivery year at our estimate. Indicative; your contract governs.

Delivery & site

Contractual delivery
2021-01-01
source: Contract
What's on site now
—
Finish on handover
Semi-finished
Sold by
Resale broker