Bar Ilan 24 in Raanana

Name: 📣 300$ — discount certificate
Start: 2020-04-29T07:20:47.231089+00:00
End: 2023-12-31T23:59:59+0000
Location: Bar Ilan 24

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Construction

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Project info

Object ID: 6913

Finished at	September 2020
Price, m²	From 7050$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	27
Condition	Black walls
Construction type	Monolyth
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

211,500$

Net profit

5,906$

Payback period

26.1 years

Avg property value increase per year

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About the project

A rare opportunity to live in the heart of Raanana and still enjoy peace and privacy close to everything the city has to offer.

The Bar Ilan 24 project is located in the beating heart of Raanana and is built on the basis of a 3-storey veteran building, which will change unmistakably as its facade faces south, giving the new and old tenants a sense of peace and privacy.

Developer

Carasso Real Estate Company Ltd. is an entrepreneurial company operating since 1933 in all major real estate areas in Israel, including resi…
Details about Carasso Real Estate Company