ReportedReady to moveFully finished
Katameya Gardens · Original
Standalone villa · Villa 750 · New Cairo – other
EGP 25,700,000
34,267 / m²
The plot
The area
Representative image · replaced by site photos after our visit
- Built-up
- 750 m²
- Land / garden
- 1,000 land
- Bedrooms
- 6
- Bathrooms
- 6
Auja's opinion
Worth consideringAbout 34,000 per metre for 750 m² on 1,000 m² of land is the cheapest serviced land in East Cairo. That price is compensation for age, a probable full renovation, and title registration work. As an investor's land trade with a lawyer at the table it is compelling; as a first family home it is a two-year project.
Why buy
- +~34,000 EGP per metre, the lowest on the list by far
- +1,000 m² plot in a mature, tree-lined compound
- +Room to rebuild to a much higher standard
Why not
- −2008 build: dated finishes, likely gut renovation
- −Title registration work needed; lawyer search before any deposit
- −Older compound, not the address young families are chasing
- −25.7M cash-heavy, plus renovation
- Who it fits
- Appreciation play
- Rental yield, gross, furnished
- 4%
- indicative, before costs
- Appreciation outlook
- Medium
- Cheapest serviced land in East Cairo; value is in the plot, and it needs title registration work and a gut renovation to unlock it
If Auja manages it
short-term rental, furnished to our standard
Expected nightly rate
EGP 22,000
Expected occupancy
55%
201 nights a year
Gross revenue a year
EGP 4,422,000
To you, after costs and our fee
EGP 2,724,000
≈ EGP 227,000 a month
Net yield on the price
10.6%
Net yield on price + fit-out (EGP 9,000,000)
7.9%
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.DepositInstalmentsLump paymentsMaintenanceFit-out to Auja standard% of total paid
| Year | Deposit | Instalments | Lumps | Maintenance | Fit-out | Total | Paid so far |
|---|---|---|---|---|---|---|---|
| 2026keys | 25,700,000 | — | — | — | 9,000,000 | 34,700,000 | 100% |
| Total | 25,700,000 | 0 | 0 | 0 | 9,000,000 | 34,700,000 |
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
- 2008-01-01
- source: Contract
- What's on site now
- —
- Finish on handover
- Fully finished
- Sold by
- Resale broker