Schechter in the Sea of Galilee in herzliya

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Start: 2020-05-18T12:37:09.232454+00:00
End: 2023-12-31T23:59:59+0000
Location: Schechter in the Sea of Galilee

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Project info

Object ID: 7429

Finished at	March 2018
Price, m²	From 10270$
Buy online	Details
Installment plan	—
Bank mortrage
Property type	Aparment building
Floors	6
Apartments	20
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking 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

308,100$

Net profit

5,906$

Payback period

38.0 years

Avg property value increase per year

Open ROI calculator

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About the project

The quality living experience in Herzliya

Schechter in the Galilee Sea, the creator of the Schechter Real Estate Company, brings together all of Herzliya's best in a perfect mantle with new European standards of luxury and design.

The boutique building is located in the new district of Herzliya - Galilee Sea, in the sought-after section of Rabbi Kook, a touching distance from the Seven Star Mall. Just around the corner, you have the opportunity to fulfill a dream and live in an ideal residential environment for families looking for quality of life, the best educational institutions in the country and rich community and cultural life. All within a short drive from the entertainment, shopping and business complexes of Tel Aviv and Herzliya.

Developer

Schechter Real Estate is a company that initiates leading and innovative projects in Israel. The company is owned by the Schechter family, E…
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