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Be careful with a straight per-square-metre adjustment. Small one-beds can carry a different unit rate from larger condos, so scaling a bigger comparable down mechanically may overvalue or undervalue this one. For condition, I’d estimate the actual work required, add a contingency for...

I’m deciding whether this Cairo condo is worth taking into full due diligence. It is a 5-bed at EGP 7,920,000, with expected rent of EGP 35,860/month. That produces the advertised gross yield of roughly 5.4%. Demand appears credible and the building looks sound, but the margin becomes less...