Joseph Borg 8 in Jerusalem

Name: 📣 300$ — discount certificate
Start: 2020-04-30T12:05:54.353234+00:00
End: 2023-12-31T23:59:59+0000
Location: Joseph Borg 8

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Project info

Object ID: 6988

Finished at	September 2022
Price, m²	From 11900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	209
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Pool Kids playground Near school Near kindergarten Near supermarket
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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

357,000$

Net profit

5,906$

Payback period

44.1 years

Avg property value increase per year

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About the project

Benefits of the project

Accessibility: Proximity to major traffic routes: Highway 1 and Begin Road as well as maximum proximity to public transport: Israel Railways, light rail lines and Central Station.

Leisure: Perfect location near the cultural, shopping, entertainment and leisure centers of the city: Har Hozvim, Gan Sacher, Mahane Yehuda market, Nahlaot neighborhood, the Cinema City, the Israel Museum, the National Buildings, the city center and more.

Employment: Near the quarter, Kiryat Ariel Sharon, Jerusalem's international business district, is currently being built to house 12 office, residential and business towers of 300 dunams, comprising a million and a half square meters, designed for international and Israeli high-tech companies. And biotech, in addition to commercial, hotel and residential space.

Developer

The Aviv Group, led by Doron Aviv and Dafna Herlev, is celebrating 55 years of activity this year. The Group has extensive experience in the…
Details about Aviv Group