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Wine Town in Ashkelon

Name: 📣 300$ — discount certificate
Start: 2020-04-30T07:37:20.247287+00:00
End: 2023-12-31T23:59:59+0000
Location: Wine Town

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Construction

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Project info

Object ID: 6955

Finished at	February 2022
Price, m²	From 430000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	15
Apartments	246
Condition	Black walls
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

12,900,000$

Net profit

5,906$

Payback period

1592.0 years

Avg property value increase per year

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About the project

Benefits of the project

A new neighborhood

Walking distance from the train station

Quick and easy access to Highway 4

Large and well designed apartments

A project that combines green construction

A well kept green garden

Huge 21-foot balconies

Private Tenants Club

Bicycle parking and carts

Proximity to educational institutions and public services

2 underground parking spaces per apartment

Warehouse for every apartment

Developer

Established in 1989 by the Hennig family, "The Apagad Company" As an entrepreneurial and contracting company, the company has proven experie…
Details about EFGAD