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.
Disused Cultural Centre — Port Zone
RSE-PUB-0058 · Red Sea
Disused Cultural Centre — Port Zone
21 El Tahrir Street, Port Zone, Safaga, Red Sea
Public facility · Heritage structure · New Urban Communities Authority (NUCA)
Economic case depends on a restoration grant; commercial appraisal understates cultural value.
Market value
EGP 88.3m
book value EGP 16.6m
Value after renovation
EGP 114.8m
scope: Moderate - MEP & finishes
CapEx
EGP 6.8m
over 5 months
Net operating income
EGP 2.4m
on EGP 3.4m gross revenue
Gross yield
2.7%
below the 12% hurdle — sale candidate
Revenue gap
EGP 2.4m
against EGP 0 earned today
Recommendation
Highest & best use
Community / social facility
Monetization route
Usufruct grant
Payback
2.9yrs
Vacant
2yrs
Monthly rent equiv.
EGP 280,746
Assumed occupancy
71%
Blockers
- Title unregistered, registration file must be opened
- Waqf consent required before any disposal
- Licence lapsed, violation on record must be settled
Location
- Coordinates
- 26.7469, 33.9255
- Main road / transport
- 0.0 / 1.8 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-PUB-0058
- Asset Name (EN)asset_name_en
- Disused Cultural Centre — Port Zone
- Asset Name (AR)asset_name_ar
- قصر ثقافة متوقف — منطقة الميناء
- Custodian Entitycustodian_entity
- New Urban Communities Authority (NUCA)
- Custodian Sub-Unit / Directoratecustodian_sub
- Free Zone Administration
- Ownership Typeownership_type
- Waqf / endowment (وقف)
- Title / Registration Statustitle_status
- Under registration
- Real-Estate Registry No.registry_no
- 2014/6294
- Asset Classasset_class
- Public facility (مرفق عام)
- Asset Sub-Typeasset_subtype
- Heritage structure
- Current Usecurrent_use
- Caretaker presence only
- Utilization Statusutilization_status
- Illegally occupied (وضع يد)
- Years Vacant / Underusedvacancy_years
- 2
- Occupied By / Encumbrancesoccupied_by
- None
B. Location & Geospatial
14- Governorategovernorate
- Red Sea
- City / Markazcity
- Safaga
- District / Neighbourhooddistrict
- Port Zone
- Full Address (EN)address_en
- 21 El Tahrir Street, Port Zone, Safaga, Red Sea
- Full Address (AR)address_ar
- ٢١ شارع التحرير، منطقة الميناء، سفاجا، البحر الأحمر
- Latitudelatitude
- 26.746897
- Longitudelongitude
- 33.925506
- Plot / Block No.plot_no
- Block 13 / Plot 19
- Zoning Classificationzoning
- Mixed-use
- Permitted Use per Detailed Planpermitted_use
- Light and medium industry
- Distance to Main Road (km)dist_main_road
- 0.01
- Distance to Transport Node (km)dist_transport
- 1.82
- Catchment Population (000s)catchment_pop
- EGP 144
C. Physical Characteristics
11- Land Area (m2)land_area
- 4,860 m²
- Built-Up Area / BUA (m2)bua
- 1,050 m²
- Gross Leasable Area (m2)gla
- 920 m²
- Number of Floorsfloors_count
- 1
- Number of Unitsunits_count
- 5
- Year Builtyear_built
- 1,981
- Building Age (yrs)building_ageƒ
- 45
- Structure Typestructure_type
- Traditional / heritage
- Finishing Levelfinishing_level
- Fully finished - standard
- Utilities Connectedutilities
- Water only
- Heritage-Listed?heritage_listed
- No
D. Internal Division & Layout
9- Internally Divided?has_internal_division
- Yes
- Number of Roomsrooms_count
- 12
- Number of Bathroomsbathrooms_count
- 5
- Reception / Hallsreception_count
- 4
- Kitchenskitchens_count
- 3
- Open-Plan Area (m2)open_plan_area
- 130 m²
- Partition Flexibilitypartition_flexibility
- Low - fixed load-bearing layout
- Parking Spacesparking_spaces
- 5
- Layout Noteslayout_notes
- Identical repeating units across all floors, one bathroom each.
E. Condition & Renovation
9- Physical Conditioncondition_rating
- Poor
- Condition Notes (EN)condition_notes_en
- Extensive water ingress; electrical installation unsafe and disconnected.
- Condition Notes (AR)condition_notes_ar
- تسرب مياه واسع؛ التركيبات الكهربائية غير آمنة ومفصولة.
- Renovation Required?renovation_required
- Yes
- Renovation Scoperenovation_scope
- Moderate - MEP & finishes
- Renovation Cost (EGP/m2)reno_cost_sqm
- 6,500 m²
- Est. Renovation Cost (EGP)reno_cost_totalƒ
- EGP 6,825,000
- Renovation Duration (months)reno_duration_months
- 5
- Licensing / Compliance Statuscompliance_status
- Unlicensed
F. Valuation
8- Valuation Methodvaluation_method
- Comparable sales (المقارنة)
- Land Value (EGP/m2)land_value_sqm
- EGP 15,800
- Building Value (EGP/m2)building_value_sqm
- EGP 11,000
- Est. Market Value (EGP)market_valueƒ
- EGP 88,338,000
- Value After Renovation (EGP)value_post_renoƒ
- EGP 114,839,400
- Government Book Value (EGP)book_value
- EGP 16,600,000
- Valuation Datevaluation_date
- 3 Aug 2026
- Valuation Sourcevaluation_source
- Industrial land comparables 2026
G. Income & Rental Potential
11- ADR - Residential (EGP/day)adr_residential
- EGP 0
- ADR - Commercial / Retail (EGP/day)adr_commercial
- EGP 13,000
- ADR - Office (EGP/day)adr_office
- EGP 0
- ADR Applied (EGP/day)adr_applicableƒ
- EGP 13,000
- Assumed Occupancy Rateoccupancy_rate
- 71.0%
- Gross Annual Revenue (EGP)gross_annual_revenueƒ
- EGP 3,368,950
- Monthly Rent Equivalent (EGP)monthly_rent_equivƒ
- EGP 280,746
- Annual Operating Cost (EGP)annual_opex
- EGP 1,010,685
- Net Operating Income (EGP)noiƒ
- EGP 2,358,265
- Gross Yield (%)gross_yieldƒ
- 2.7%
- Renovation Payback (yrs)reno_payback_yearsƒ
- 2.89
H. Utilization Gap & Monetization
7- Current Actual Income (EGP/yr)current_annual_income
- EGP 0
- Annual Revenue Gap (EGP)revenue_gapƒ
- EGP 2,358,265
- Highest & Best Usehighest_best_use
- Community / social facility
- Recommended Monetization Routemonetization_option
- Usufruct grant (حق انتفاع)
- CapEx to Activate (EGP)capex_to_activateƒ
- EGP 6,825,000
- Priority Tierpriority_tier
- 3 - Long term / complex
- Key Blockersblockers
- Title unregistered, registration file must be opened; Waqf consent required before any disposal; Licence lapsed, violation on record must be settled
I. Media & Documentation
6- Photos Folder (URL)photos_link
- https://drive.example.org/assets/RSE-PUB-0058/photos
- Number of Photosphotos_count
- 13
- Floor Plan / Survey (URL)floorplan_link
- https://drive.example.org/assets/RSE-PUB-0058/plan.pdf
- Video / 360 Tour (URL)video_link
- https://video.example.org/RSE-PUB-0058/tour
J. Data Governance
7- Primary Data Sourcedata_source
- Field survey
- Data Confidenceconfidence_level
- Medium
- Site Visit Datesite_visit_date
- 26 Jul 2024
- Surveyor / Analystsurveyor
- D. Hassanein
- Last Updatedlast_updated
- 21 Feb 2026
- Record Statusrecord_status
- Validated
- General Notesnotes
- Economic case depends on a restoration grant; commercial appraisal understates cultural value.
13 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-PUB-0058/photosSource: Field survey. Surveyed by D. Hassanein on 26 Jul 2024. Record last updated 21 Feb 2026.