Ruby in the Violet neighborhood in Beer Sheva

Name: 📣 300$ — discount certificate
Start: 2020-04-29T12:06:23.477362+00:00
End: 2023-12-31T23:59:59+0000
Location: Ruby in the Violet neighborhood

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Construction

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Project info

Object ID: 6945

Finished at	September 2020
Price, m²	From 3045$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	140
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Underground parking Near school Near kindergarten Near supermarket Near hospital
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,103$

Rental income

1,103$

Management

689$

Utilities

405$

5% Income tax

5,906$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	32%	10	25$	250$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		194		8103$
Average		52%		37$

Total invested

91,350$

Net profit

5,906$

Payback period

11.3 years

Avg property value increase per year

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Promos and discounts for Ruby in the Violet neighborhood

About the project

The ruby project, which is being built in a violet neighborhood in Be'er Sheva, sets a new standard of comfort and quality of life. The project is characterized by large, carefully designed apartments to give your family all the space it needs.

Odem has 4 and 5 room apartments with spacious balconies, mini penthouses and garden apartments. The ruby project allows any couple or family to move to a new apartment in a new and developing area of Beersheba, to enjoy a high quality of life, many diverse community services, and a winning location within a new neighborhood that is fun to live in.

The project is accompanied by Bank Poalim.

On the neighborhood - a neighborhood of violets

Violets neighborhood is a new, young and modern neighborhood, carefully planned and located at the western entrance to the city of Beer Sheva, an area undergoing extensive urban development. According to the plan, about 100 housing units will be built in the neighborhood, all in 8-14-story buildings. In addition, an elementary school and kindergartens, a central park and commercial centers will be built in the neighborhood. In the center of the neighborhood is an extensive neighborhood park, which the public institutions are located along which will be an active center that will connect the neighborhood throughout. Violets neighborhood is bounded by Intercity 25, which may allow for quick entry and exit.

Developer

Founded in 2009, Milestones is engaged in the initiation of residential projects in Israel (saturation construction, cost of housing, urban …
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