UpTown in Ashdod

Name: UpTown
Brand: Dunietz
SKU: 7285
Availability: InStock

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Project info

Object ID: 7285

Finished at	December 2018
Price, m²	From 4630$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	19
Apartments	106
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Commercial area 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

138,900$

Net profit

5,906$

Payback period

17.1 years

Avg property value increase per year

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About the project

Donitz's high standard reaches Ashdod, the most coveted location in town! The innovative project includes a complex of 2 buildings and 135 units. The high standard of construction includes apartments with rich specs, meticulous design, attached storage, private parking, a luxurious lobby and an innovative living experience. The second building is currently being built and will be occupied in about two years. The project is centrally located, minutes walk from the beach, and close to the Cultural Hall and shopping centers. The project offers a wonderful combination of high standard of construction, sea view, community life, culture and quality education for children. Illustrations for illustration only.

Developer

Donitz Brothers is one of the oldest and leading public construction companies in Israel. The company was founded in 1963 by the brothers Ar…
Details about Dunietz