Tel-Hay 56 in Kefar Sava

Name: 📣 300$ — discount certificate
Start: 2020-05-06T07:11:07.264373+00:00
End: 2023-12-31T23:59:59+0000
Location: Tel-Hay 56

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Project info

Object ID: 7100

Finished at	September 2021
Price, m²	From 15285$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	28
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Near school Near kindergarten Near supermarket
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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

458,550$

Net profit

5,906$

Payback period

56.6 years

Avg property value increase per year

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About the project

Tel Hai 56-58 is a project located in the center of the Mishkenot neighborhood, one of the oldest and highest quality in Kfar Saba, and is one of the most prominent and high-quality examples of the renewable city. This is an old residential building, which will be demolished and a new boutique building will be demolished, as part of the 38/23 Tama project, and will offer 28 residential units, including garden apartments, spacious 5 room penthouses and typical 3-4 room apartments.

In the revitalized village of Kfar Saba, the Mishkenot neighborhood combines the founders of the city and young families who choose a place as a quality place to raise and educate their children. There are parks, playgrounds and manicured gardens in the neighborhood, which are a kind of green lung that surrounds its area. The buildings located there are only 4-7 stories tall. Along with the quiet that characterizes the neighborhood, its proximity to Main Weizman Street, where shops and shops are located, allows its residents access and convenience of restaurants, cafes and a wide range of additional services. In the neighborhood, educational institutions, including kindergartens and schools, as well as other services and public institutions such as the Kfar Saba Park, the municipal market, hospital funds, a medical center, the town hall and the old synagogue's main building, all within a short walk.

Developer

Ashdar Boutique specializes in advanced urban planning and construction and is an integral part of the Ashdar Group of the Ashtrom Group. Th…
Details about Ashdar-boutique