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

3 - Long term / complexIllegally occupiedCondition: PoorValidatedConfidence: Medium

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
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/photos

Source: Field survey. Surveyed by D. Hassanein on ⁦26 Jul 2024⁩. Record last updated ⁦21 Feb 2026⁩.