Kibush HaAvoda 27 in Herzliya

Name: 📣 300$ — discount certificate
Start: 2020-05-06T08:01:46.344285+00:00
End: 2023-12-31T23:59:59+0000
Location: Kibush HaAvoda 27

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Project info

Object ID: 7103

Finished at	December 2019
Price, m²	From 7445$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	38
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground 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

223,350$

Net profit

5,906$

Payback period

27.6 years

Avg property value increase per year

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About the project

The 38/1 TAMA project will be set up on the Occupation Street in the quiet downtown of Herzliya.

As part of the project, the existing building will be strengthened and renovated, with the addition of offices and sun balconies to the existing apartments and the addition of 15 new and luxurious 3,4,5 rooms with sun balconies, a 4 room garden apartment and a 5 room luxurious penthouse with a huge sun terrace.

The project is planned by the Orly Architects Office.

Developer

As part of its activities, Urban Real Estate is engaged in residential and office entrepreneurship, evacuation-construction, organizing purc…
Details about Urban Real Estate