Heart of Erez 3-4 in Ashdod

Name: 📣 300$ — discount certificate
Start: 2020-05-28T09:13:41.813905+00:00
End: 2023-12-31T23:59:59+0000
Location: Heart of Erez 3-4

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Construction

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Project info

Object ID: 7705

Finished at	December 2020
Price, m²	From 5200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	11
Apartments	256
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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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

156,000$

Net profit

5,906$

Payback period

19.3 years

Avg property value increase per year

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Promos and discounts for Heart of Erez 3-4

About the project

Green environment with a manicured and spacious garden.

A neighborhood country club that includes a private swimming pool for project residents.

A perfect and safe environment to raise children.

Everything is within easy reach: shopping centers and malls, city hall, schools, kindergartens, community centers, cultural institutions, places of entertainment and of course the beach and Ashdod Sea Park.

The Lev City project provides you with a variety of apartments, with all apartments designed to meet the needs of tenants, with a focus on luxury design and cozy. Pleasant and allows for maximum flexibility in interior design.

Developer

The group specializes in high density residential construction, clearance projects, commercial areas and offices across the country, and cur…
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