Maalot 18 in Holon

Name: 📣 300$ — discount certificate
Start: 2020-05-11T08:23:38.261379+00:00
End: 2023-12-31T23:59:59+0000
Location: Maalot 18

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Construction

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Project info

Object ID: 7224

Finished at	June 2022
Price, m²	From 6800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	52
Condition	Black walls
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

204,000$

Net profit

5,906$

Payback period

25.2 years

Avg property value increase per year

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About the project

Tama 38/1 project in Neot Jewish neighborhood, located in the heart of Holon French company Shimon - a construction company and veteran family real estate entrepreneur in Israel that combines under one roof entrepreneurship and execution, invites you to "join" the family in a French project of 18-20 Holon. A project that is all revitalized in an urban living environment, with green spaces and all the urban infrastructure that you will only ask for. You are invited to rise to a new level of innovation in construction with the back of a quality family-building company.

The project is on a quiet, green street and close to many educational institutions, the famous cactus garden, synagogues, educational institutions, culture and leisure. The project is located in close proximity to urban transport routes that allow access to public transportation and easy access to and from the city.

French Shimon Urban Renewal

The urban renewal arm is an integral part of the company and enjoys the professional experience, financial stability, quality of service, full transparency with each tenant and most importantly from a team of expert staff and internal consultants including constructors, attorneys, architects and more. In French Shimon we emphasize the small details, the quality and the new. These are reflected in the level of choice of sanitary materials and tools and the high standard. The fact that the project is initiated and executed in one place is a huge advantage that guarantees the client a constant escort at all stages.

Developer

As part of the relentless pursuit of excellence and customer satisfaction, the French company Shimon Ltd. engraved the theme of the service,…
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