Montefiore 5 in Kiryat Ono

Name: 📣 300$ — discount certificate
Start: 2020-05-05T12:22:46.367913+00:00
End: 2023-12-31T23:59:59+0000
Location: Montefiore 5

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Project info

Object ID: 7098

Finished at	April 2018
Price, m²	From 7030$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	26
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near hospital
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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

210,900$

Net profit

5,906$

Payback period

26.0 years

Avg property value increase per year

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About the project

The Montefiore project in Kiryat Ono is part of a luxury complex, designed according to the quality and nostalgic neighborhood from time to time. The unique project in the design of Ashdar Boutique is a project that combines very precisely the characteristics of the good old neighborhood with a modern line that offers elegant luxury at its best. The project is another example of the urban renewal process that the city is undergoing and is another example of the activities of Ashdar Boutique, the first place winner of the Urban Renewal Award for 2017-2018.

Each of the residential buildings has 5 floors offering 3, 4 and 5 room apartments, along with unique loft apartments of various sizes and a set of underground parking spaces. The great emphasis given to architectural design places the buildings as exclusive, up-to-date residential buildings, yet with such a degree of restraint. The high-rise centerpiece is noticeable in each of the apartments, and the living spaces that define the interior spaces offer spacious, carefully designed spaces.

Developer

Ashdar Boutique specializes in advanced urban planning and construction and is an integral part of the Ashdar Group of the Ashtrom Group. Th…
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