Palmach 43 in Haifa

Name: Palmach 43
Brand: Hanan Segev
SKU: 7618
Availability: InStock

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Project info

Object ID: 7618

Finished at	December 2020
Price, m²	From 5000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	19
Condition	Turnkey
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

150,000$

Net profit

5,906$

Payback period

18.5 years

Avg property value increase per year

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About the project

Haifa extends along the southern part of Haifa Bay, occupying portions of the Zebulun Lowlands in the east, Mount Carmel in the south, and the coastal plain along the Mediterranean Sea in the north and west. The city's jurisdiction is about 71,000 acres. The bordering cities with Haifa are Tirat Carmel, Osafia, Nesher, Kiryat Ata, Kiryat Bialik, Kiryat Motzkin, Kiryat Yam and Zebulun Regional Council. Haifa is located on the topographic steps on the Carmel side, characterized by crossings between elevation lines, varying scenery and different population sections. The town has a mixed Jewish and Arab population. Haifa is the third largest city in Israel in terms of population. Haifa is the center of Northern Israel, the capital of Haifa. Haifa is a transportation, industrial and cultural center and one of Israel's major trade centers. One of the city's symbols is the port of Haifa.

Developer

Hanan Segev Construction & Entrepreneurship Ltd. is one of the best construction industry experts with knowledge, experience and profoun…
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