Netanya Cliff Tower in netanya

Name: 📣 300$ — discount certificate
Start: 2020-04-23T07:57:24.358333+00:00
End: 2023-12-31T23:59:59+0000
Location: Netanya Cliff Tower

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Construction

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Project info

Object ID: 6770

Finished at	August 2021
Price, m²	From 6730$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	31
Apartments	117
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Kids playground 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

201,900$

Net profit

5,906$

Payback period

24.9 years

Avg property value increase per year

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About the project

Levinstein and Megil are pleased to present the Cliff Tower in Netanya - a unique and prestigious project in a perfect location, a few minutes walk from the sea, the city's vibrant center and public and community institutions.

The precision in the small details, the choice of the highest quality raw materials, the uncompromising meticulous design and the unique construction method used in the world's leading cities that optimize the level of acoustics and the level of thermal insulation in apartments - all were born with the intention of fulfilling their dream and giving them a home that is just as perfect.

Netanya Cliff Tower offers 5 room apartments, the amazing and invested apartments have huge internal space and wide balconies, giving the feeling of a private house in the tower.

Developer

Construction and ownership of rental real estate Initiating and executing projects (including land investments, permit handling, constructi…
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