Bialik 5 in Ramat Hasharon

Name: 📣 300$ — discount certificate
Start: 2020-05-29T12:46:56.703429+00:00
End: 2023-12-31T23:59:59+0000
Location: Bialik 5

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Project info

Object ID: 7772

Finished at	March 2019
Price, m²	From 8200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	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

246,000$

Net profit

5,906$

Payback period

30.4 years

Avg property value increase per year

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About the project

A unique reinforcement project in downtown Ramat Hasharon on Green Bialik Boulevard

The building will include 4 and 5 bedroom apartments, mini penthouses, duplex and penthouse

Massive infrastructure work will be done between the two divisions and an underground underground car park will be excavated

In addition, work will be carried out in the existing basements of the building to change the use and penetration of apartments for the needs of the elevator

Due to the building's standing on the lot and the opposition of the local committee, the building's occupants could not do any extension work and therefore all tenants would enjoy full evacuation for the entire period of work and complete renovation of the interior