Dizengoff 228 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-05-06T12:32:04.560734+00:00
End: 2023-12-31T23:59:59+0000
Location: Dizengoff 228

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Construction

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Project info

Object ID: 7136

Finished at	January 2022
Price, m²	From 10230$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	14
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground 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

306,900$

Net profit

5,906$

Payback period

37.9 years

Avg property value increase per year

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About the project

A boutique building that includes the addition of 8 apartments on the city's most famous street. The building is located a 5 minute walk from Hilton Beach and Independence Garden and its location allows you to experience the city and beach perfectly. The building designed by architect Erez II will include stylish small apartments.

Living the city

Dizengoff is probably the most famous street in Tel Aviv, and in recent years has received renewed arousal and increased demand thanks to the abundance of street entertainment and unique shops.

Developer

Ram Mograbi Arditi has been building in Tel Aviv since 1919 and is currently operating in the Old and New North and the heart of the histori…
Details about Ram Mughrabi Arditi