From the sea in Bat Yam

Name: 📣 300$ — discount certificate
Start: 2020-04-29T11:24:47.403069+00:00
End: 2023-12-31T23:59:59+0000
Location: From the sea

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Construction

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Project info

Object ID: 6938

Finished at	October 2019
Price, m²	From 7800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	30
Apartments	220
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Fitness 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

234,000$

Net profit

5,906$

Payback period

28.9 years

Avg property value increase per year

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About the project

Benefits of the project

On the cliff beach in Bat Yam

80 meters from the shoreline

Close to the scheduled light rail line, schools and kindergartens and recreation centers

Manrav - a strong, solid and veteran company

Manrav Yam - a project located on the corner of Sokolov and Jerusalem streets in downtown Bat Yam

The project is planned for the erection of two 30-story towers each, above a commercial floor and a masonry floor that maintains a textured construction accompanied by a street and active urban wall.

The project is located close to the beach and the bustling promenade of the city of Bat Yam, most apartments in the project will enjoy a sea view.

As part of the creation of a green living environment, the project will include indoor public areas on the ground floor and a public open area protected for the welfare of the residents.

Developer

Minrav Holdings Ltd (“Minrav”/ “The Group” / “The Company”) was founded in 1969 by Mr. Avraham Kuznitsky who serves as chairman of the board…
Details about Minrav Holdings Ltd