ReportedReady to moveFully finished
Lake View Residence · Delivered
Penthouse · PH 305 · New Cairo – 5th Settlement
EGP 26,400,000
86,557 / m²
The plot
The area
Representative image · replaced by site photos after our visit
- Built-up
- 305 m²
- Land / garden
- —
- Bedrooms
- 5
- Bathrooms
- 4
Auja's opinion
Worth consideringThe largest finished penthouse with a proper address on this list: 305 m², five bedrooms, mature compound. At about 87,000 per metre it is fairly priced for the format. This is a home for a family that wants a penthouse instead of a villa and does not want to wait; it is not a yield play at 26M.
Why buy
- +305 m² and five bedrooms: villa-sized living on one floor
- +Mature, delivered compound with a proper address
- +Fully finished, ready now
Why not
- −26.4M in cash-heavy resale terms
- −Thin buyer pool for a 26M penthouse at exit
- −Rental yield is weak at this price point
- Who it fits
- Family home
- Rental yield, gross, furnished
- 5%
- indicative, before costs
- Appreciation outlook
- Medium
- Large-format penthouses in mature compounds hold value; the buyer pool at 26M is thin
If Auja manages it
short-term rental, furnished to our standard
Expected nightly rate
EGP 11,000
Expected occupancy
50%
183 nights a year
Gross revenue a year
EGP 2,013,000
To you, after costs and our fee
EGP 1,240,000
≈ EGP 103,000 a month
Net yield on the price
4.7%
Net yield on price + fit-out (EGP 1,300,000)
4.5%
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 | 26,400,000 | — | — | — | 1,300,000 | 27,700,000 | 100% |
| Total | 26,400,000 | 0 | 0 | 0 | 1,300,000 | 27,700,000 |
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
- 2022-01-01
- source: Contract
- What's on site now
- —
- Finish on handover
- Fully finished
- Sold by
- Resale broker