Introduction to Caesarea - Or Akiva in Or Akiva

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Start: 2020-04-23T12:54:39.647510+00:00
End: 2023-12-31T23:59:59+0000
Location: Introduction to Caesarea - Or Akiva

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Construction

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Project info

Object ID: 6795

Finished at	September 2018
Price, m²	From 4410$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	18
Apartments	270
Building phase	Completed
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security Reception
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

132,300$

Net profit

5,906$

Payback period

16.3 years

Avg property value increase per year

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About the project

The project is located in a private and enclosed residential complex, which will also include a private park, gym and private spa for use by project residents only, as well as a small neighborhood mall with a neighborhood character, closed and covered parking and more. The view from the luxury towers to be built faces the sea, the Caesarea antiquities, the golf club and the future Akiva Or Akiva Park.

The standard of construction in the Gush Dan luxury tower features a luxurious lobby, a guard post at the entrance to each building, private areas for the complex's occupants, modern elevators, warehouses, and rich interiors of the leading brands in the market. The project was designed by architect Gil Ivory from the Canaan Ivory Architects firm, one of Israel's leading architects.

Nof Yam is a new neighborhood being built these days and is located on the Or Akiva border in the foothills of Caesarea, the sea view area and the golf courses and adjacent to the "Atidim" educational community. The project was built as a closed complex, close to the Caesarea junction - Or Akiva on the coastal road (Route 2) and close to a train station. The spectacular view of the buildings will remain open forever as no further construction is planned in and near the complex.

Developer

Aura Israel from the new Aura Group Ltd., is a leading entrepreneurial company in the field of residential development projects throughout t…
Details about Aura Group Ltd