Prototype. Every figure on this page is illustrative. The register holds 8 sample assets from the MoPED data-model workbook and 112 generated to match its schema — no real asset, valuation or coordinate.

Administrative Block — Village Road

RSE-BLD-0113 · Red Sea

3 - Long term / complexVacantCondition: FairUnder reviewConfidence: Unverified

Administrative Block — Village Road

127 El Nasr Road, Village Road, Hurghada, Red Sea

Building · Heritage structure · Ministry of Public Business Sector

Lowest capex-to-income ratio in its class — a candidate pilot for the leasing model.

Market value

⁦EGP 62.9m⁩

book value ⁦EGP 26.1m⁩

Value after renovation

⁦EGP 72.3m⁩

scope: Cosmetic / finishes only

CapEx

⁦EGP 7.6m⁩

over 2 months

Net operating income

⁦EGP 2.9m⁩

on ⁦EGP 4.1m⁩ gross revenue

Gross yield

⁦4.5%⁩

below the ⁦12%⁩ hurdle — sale candidate

Revenue gap

⁦EGP 2.9m⁩

against ⁦EGP 0⁩ earned today

Recommendation

Highest & best use

Commercial / retail

Monetization route

Long-term lease

Payback

⁦2.7⁩yrs

Vacant

⁦6⁩yrs

Monthly rent equiv.

⁦EGP 340,667⁩

Assumed occupancy

⁦80%⁩

Blockers

  • Licence lapsed, violation on record must be settled

Location

Coordinates
⁦27.2751⁩, ⁦33.8197⁩
Main road / transport
⁦0.4⁩ / ⁦3.6⁩ km

Estimated valueSimulated

Back-cast from today's valuation at the Assumptions sheet's inflation rate plus governorate drift.

Condition scoreSimulated

Decay rate follows the recorded utilization status; the final point is today's rating.

A. Identification & Ownership

14
Asset IDasset_id
RSE-BLD-0113
Asset Name (EN)asset_name_en
Administrative Block — Village Road
Asset Name (AR)asset_name_ar
المبنى الإداري — طريق القرى
Custodian Entitycustodian_entity
Ministry of Public Business Sector
Custodian Sub-Unit / Directoratecustodian_sub
Property Office
Ownership Typeownership_type
Public domain (أملاك عامة)
Title / Registration Statustitle_status
Registered (مسجل)
Real-Estate Registry No.registry_no
2013/7137
Asset Classasset_class
Building (مبنى)
Asset Sub-Typeasset_subtype
Heritage structure
Current Usecurrent_use
Occasional official hosting
Utilization Statusutilization_status
Vacant (شاغر)
Years Vacant / Underusedvacancy_years
⁦6⁩
Occupied By / Encumbrancesoccupied_by
None

B. Location & Geospatial

14
Governorategovernorate
Red Sea
City / Markazcity
Hurghada
District / Neighbourhooddistrict
Village Road
Full Address (EN)address_en
127 El Nasr Road, Village Road, Hurghada, Red Sea
Full Address (AR)address_ar
١٢٧ طريق النصر، طريق القرى، الغردقة، البحر الأحمر
Latitudelatitude
⁦27.275061⁩
Longitudelongitude
⁦33.819724⁩
Plot / Block No.plot_no
Zone A / Plot 62
Zoning Classificationzoning
Commercial
Distance to Main Road (km)dist_main_road
⁦0.40⁩
Distance to Transport Node (km)dist_transport
⁦3.60⁩
Catchment Population (000s)catchment_pop
⁦EGP 267⁩

C. Physical Characteristics

11
Land Area (m2)land_area
⁦840 m²⁩
Built-Up Area / BUA (m2)bua
⁦3,180 m²⁩
Gross Leasable Area (m2)gla
⁦2,480 m²⁩
Number of Floorsfloors_count
⁦8⁩
Number of Unitsunits_count
⁦18⁩
Year Builtyear_built
⁦1,960⁩
Building Age (yrs)building_ageƒ
⁦66⁩
Structure Typestructure_type
Load-bearing masonry
Finishing Levelfinishing_level
Fully finished - standard
Utilities Connectedutilities
Electricity, Water, Sewage, Internet
Heritage-Listed?heritage_listed
No

D. Internal Division & Layout

9
Internally Divided?has_internal_division
Yes
Number of Roomsrooms_count
⁦55⁩
Number of Bathroomsbathrooms_count
⁦17⁩
Reception / Hallsreception_count
⁦16⁩
Kitchenskitchens_count
⁦17⁩
Open-Plan Area (m2)open_plan_area
⁦490 m²⁩
Partition Flexibilitypartition_flexibility
Medium - some structural constraints
Parking Spacesparking_spaces
⁦9⁩
Layout Noteslayout_notes
Two production halls plus an administration block; halls are clear-span.

E. Condition & Renovation

9
Physical Conditioncondition_rating
Fair
Condition Notes (EN)condition_notes_en
Structure sound; façade weathered, MEP obsolete, lifts out of service.
Condition Notes (AR)condition_notes_ar
الهيكل الإنشائي سليم؛ الواجهة متهالكة والتغذية الكهروميكانيكية قديمة والمصاعد متوقفة.
Renovation Required?renovation_required
Yes
Renovation Scoperenovation_scope
Cosmetic / finishes only
Renovation Cost (EGP/m2)reno_cost_sqm
⁦2,400 m²⁩
Est. Renovation Cost (EGP)reno_cost_totalƒ
⁦EGP 7,632,000⁩
Renovation Duration (months)reno_duration_months
⁦2⁩
Licensing / Compliance Statuscompliance_status
Violation on record

F. Valuation

8
Valuation Methodvaluation_method
Comparable sales (المقارنة)
Land Value (EGP/m2)land_value_sqm
⁦EGP 18,100⁩
Building Value (EGP/m2)building_value_sqm
⁦EGP 15,000⁩
Est. Market Value (EGP)market_valueƒ
⁦EGP 62,904,000⁩
Value After Renovation (EGP)value_post_renoƒ
⁦EGP 72,339,600⁩
Government Book Value (EGP)book_value
⁦EGP 26,100,000⁩
Valuation Datevaluation_date
⁦6 Jun 2026⁩
Valuation Sourcevaluation_source
Governorate auction comparables 2025-26

G. Income & Rental Potential

11
ADR - Residential (EGP/day)adr_residential
⁦EGP 0⁩
ADR - Commercial / Retail (EGP/day)adr_commercial
⁦EGP 14,000⁩
ADR - Office (EGP/day)adr_office
⁦EGP 0⁩
ADR Applied (EGP/day)adr_applicableƒ
⁦EGP 14,000⁩
Assumed Occupancy Rateoccupancy_rate
⁦80.0%⁩
Gross Annual Revenue (EGP)gross_annual_revenueƒ
⁦EGP 4,088,000⁩
Monthly Rent Equivalent (EGP)monthly_rent_equivƒ
⁦EGP 340,667⁩
Annual Operating Cost (EGP)annual_opex
⁦EGP 1,226,400⁩
Net Operating Income (EGP)noiƒ
⁦EGP 2,861,600⁩
Gross Yield (%)gross_yieldƒ
⁦4.5%⁩
Renovation Payback (yrs)reno_payback_yearsƒ
⁦2.67⁩

H. Utilization Gap & Monetization

7
Current Actual Income (EGP/yr)current_annual_income
⁦EGP 0⁩
Annual Revenue Gap (EGP)revenue_gapƒ
⁦EGP 2,861,600⁩
Highest & Best Usehighest_best_use
Commercial / retail
Recommended Monetization Routemonetization_option
Long-term lease (إيجار طويل الأجل)
CapEx to Activate (EGP)capex_to_activateƒ
⁦EGP 7,632,000⁩
Priority Tierpriority_tier
3 - Long term / complex
Key Blockersblockers
Licence lapsed, violation on record must be settled

I. Media & Documentation

6
Number of Photosphotos_count
26
Floor Plan / Survey (URL)floorplan_link
https://drive.example.org/assets/RSE-BLD-0113/plan.pdf
Title Deed & Docs (URL)deed_docs_link
https://drive.example.org/assets/RSE-BLD-0113/deed.pdf

J. Data Governance

7
Primary Data Sourcedata_source
Mixed
Data Confidenceconfidence_level
Unverified
Site Visit Datesite_visit_date
⁦1 Dec 2024⁩
Surveyor / Analystsurveyor
N. Mohamed Yehia
Last Updatedlast_updated
⁦3 Sept 2026⁩
Record Statusrecord_status
Under review
General Notesnotes
Lowest capex-to-income ratio in its class — a candidate pilot for the leasing model.

26 photographs on file

The survey's geotagged photographs live in the custodian's drive folder. This prototype records the link and the count rather than shipping the images.

https://drive.example.org/assets/RSE-BLD-0113/photos

Source: Mixed. Surveyed by N. Mohamed Yehia on ⁦1 Dec 2024⁩. Record last updated ⁦3 Sept 2026⁩.