Minrav Premium in Hod Hasharon

Name: 📣 300$ — discount certificate
Start: 2020-05-15T07:33:41.557049+00:00
End: 2023-12-31T23:59:59+0000
Location: Minrav Premium

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Construction

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Project info

Object ID: 7347

Finished at	May 2019
Price, m²	From 5940$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	18
Apartments	156
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Underground parking Commercial area 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

178,200$

Net profit

5,906$

Payback period

22.0 years

Avg property value increase per year

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About the project

In the best location in Hod Hasharon, in the westernmost part of the 1200 complex, premium Nerav Towers are built with 156 luxury apartments. The impressive towers will rise to 18 stories high, with all apartments directly overlooking the strawberry fields and open countryside of Malal Village.

The entire complex was perfectly accessible to Highway 531 and the train station.

Developer

Minrav Holdings Ltd (“Minrav”/ “The Group” / “The Company”) was founded in 1969 by Mr. Avraham Kuznitsky who serves as chairman of the board…
Details about Minrav Holdings Ltd