Rambam 42 in Raanana

Name: 📣 300$ — discount certificate
Start: 2020-05-05T11:46:31.029216+00:00
End: 2023-12-31T23:59:59+0000
Location: Rambam 42

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Construction

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Project info

Object ID: 7091

Finished at	August 2020
Price, m²	From 6800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	40
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Near school Near kindergarten Near supermarket
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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

204,000$

Net profit

5,906$

Payback period

25.2 years

Avg property value increase per year

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About the project

The Rambam 42 project in Ra'anana is a construction evacuation project (TAMA 38-2) from the Ashdar boutique that is responsible for other similar projects carried out in the center of the country. In the last decade, processes have begun

Many in Raanana 38-2 are in demand in light of new demand for new apartments throughout the city, especially among local residents who wish to stay in the area where they grew up, and residents from all over Sharon.

Location

The project is located on Rambam Street, a quiet street in the city center, which exits from Ahuza Street. And more.

Access to traffic and transport routes

Rambam is located near Ahuza Street, near the exit from the city, both on Route 4 and the new exit on Route 531, connecting Raanana to the Herzliya and Tel Aviv highways.

The new train station in the city, located near the Lev Park neighborhood, is another important element in convenient access by public transport out of town and back.

Developer

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