HaAliya HaShniya 10 in Herzliya

Name: 📣 300$ — discount certificate
Start: 2020-05-29T12:25:13.475586+00:00
End: 2023-12-31T23:59:59+0000
Location: HaAliya HaShniya 10

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Project info

Object ID: 7767

Finished at	September 2018
Price, m²	From 7400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	18
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

222,000$

Net profit

5,906$

Payback period

27.4 years

Avg property value increase per year

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About the project

Luxury project in Green Herzliya

The building will include 4 and 6 bedroom apartments and a 180 sqm penthouse apartment.

Due to the size of the lot, many development work will be done for landscaping, parking and warehouses. The entire building will be exposed in stone so that its graded design will allow a modern and new look