Pierre Koenig 7 in Holon

Name: 📣 300$ — discount certificate
Start: 2020-05-21T10:57:51.656475+00:00
End: 2023-12-31T23:59:59+0000
Location: Pierre Koenig 7

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Project info

Object ID: 7544

Finished at	March 2020
Price, m²	From 6800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	17
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

204,000$

Net profit

5,906$

Payback period

25.2 years

Avg property value increase per year

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About the project

The owners of this building saw the "Group together" set up the building next to them - Pierre Koenig 12 and in a short time turned it from an ugly duckling into a breathtaking building…

For years, tenants had many concerns and did not know what was expected of them. Now, the tenants had no doubt - we are also interested in the implementation of the Tama 38 project and are only launching a "group together" that has demonstrated proven capabilities.

The apartment owners had a lot of difficulties along the way, and they found it difficult to organize and promote the building. The "Together Group" team joined the mission and within a short time managed to recruit 100 percent of the apartment owners in the building who signed the agreement and the building got underway.

The building will add 2.5 floors, one ground floor housing unit (garden apartment). The building, which suffers from very severe wet problems, smooth and dangerous staircases, from an often shortened electrical system, will become a spectacular, modern and safe residential building.

Developer

Together Group has been active in the construction industry for about 35 years and behind it a wide range of quality and complex projects. T…
Details about Together Group