iRaanana in Raanana

Name: iRaanana
Brand: Chen and Itay Gindi
SKU: 7278
Availability: InStock

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Project info

Object ID: 7278

Finished at	September 2020
Price, m²	From 6350$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	30
Condition	Black walls
Construction type	Monolyth
Security	CCTV 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

190,500$

Net profit

5,906$

Payback period

23.5 years

Avg property value increase per year

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About the project

A special combination of 16 residential buildings within a rural neighborhood, which gives the green Neve Zemer neighborhood the classic together with urban modernity, suitable for the 21st century and the needs of the Israeli family. The diverse apartment mix, in a unique location, gives the project an intrinsic character that has insight, experience and leisurely flow throughout it. In the project, the architect, Gidi Bar Orian, chose to go back to the basics of classical architecture, cross-trend architecture and passing fashions. One can find in it the apartment that suits its needs, from green garden apartments, through spectacular penthouses to extremely comfortable 4 and 5 room apartments, to a perfect living environment.

Developer

Chen and Itay Gindi follow two guiding principles in the fulfillment of their craft. The first is placing the customer’s happiness and satis…
Details about Chen and Itay Gindi