NINE in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-05-14T08:07:36.523069+00:00
End: 2023-12-31T23:59:59+0000
Location: NINE

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Construction

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Project info

Object ID: 7316

Finished at	September 2020
Price, m²	From 7100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	14
Apartments	179
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Commercial area Kids playground 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

213,000$

Net profit

5,906$

Payback period

26.3 years

Avg property value increase per year

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About the project

East Tel Aviv residential complex comprising 9 buildings, 179 apartments. In the center of the project is a private garden that spans 2 dunams.

3 edible buildings and 6 boutique buildings in advanced construction processes. The project is located near the city's major parks and major transport routes, walking distance from the "Peace" and "Hagana" train stations. It is a perfect venture for those who want to live in today's Tel Aviv, alongside a quality community and green environment.

Developer

The Gabay Group has been one of the oldest and leading construction companies in the real estate industry in Israel for over 30 years. The g…
Details about Gabay Group