Patai 13 in Givatayim

Name: Patai 13
Brand: Africa Urban Renewal
SKU: 7183
Availability: InStock

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Project info

Object ID: 7183

Finished at	December 2020
Price, m²	From 5140$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	28
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground 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

154,200$

Net profit

5,906$

Payback period

19.0 years

Avg property value increase per year

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About the project

In North Givatayim, in the urban Borochov neighborhood near the Nahalat Yitzhak Tel Aviv neighborhood, a Pattay 13 project is being built, a 7-story building with 3, 4-room apartments, garden apartments and penthouses. The occupants of the project will enjoy close proximity to employment centers and high accessibility to transport. The area can also offer many young families looking for high-quality education and good schools for the children. Despite the urban character of the neighborhood, it abounds in green corners and is filled with new and up-to-date entertainment venues.

Developer

Experience, power, reliability "Africa Urban Renewal," is a wholly owned subsidiary of the Africa Israel Residential Group, the leading rea…
Details about Africa Urban Renewal