Policy timing is another possible confounder, but only if there was a relevant change or widely anticipated event during your observation window. Don’t add it as an explanation by default. First chart when listings, revisions and completions occurred. If the shift clusters around a particular...
Valentina’s caveat is fair: a lower yield can still be rational if the income is unusually dependable. But nothing posted yet proves that dependability. My next step would be to replace the expected rent and estimated building costs with verifiable figures, then run normal, one-month-vacancy and...
I would not call all cash paid during the fixed period a cost, because part of each payment reduces principal. Interest plus non-refundable fees is closer, but the remaining balance after five years must sit beside it.
Portability also deserves more than a yes/no answer. Ask what conditions...
I would concentrate on the building’s recurring service charges and how major common-area work is funded. A sound-looking building can still have expensive planned work or weak reserves.
Also, one vacant month reduces annual collected rent from EGP 430,320 to EGP 394,460. That is already about...
If you can only pay for one, I’d choose shortly before handover, provided the builder allows proper access and there is still time to record defects. Municipal approval and an inspection for your benefit are not necessarily looking at the same details. Ask any inspector for a sample report from...