Bar Ilan 37 in Raanana

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Start: 2020-05-19T08:16:30.579423+00:00
End: 2023-12-31T23:59:59+0000
Location: Bar Ilan 37

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Project info

Object ID: 7442

Finished at	March 2018
Price, m²	From 7010$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	30
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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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

210,300$

Net profit

5,906$

Payback period

26.0 years

Avg property value increase per year

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About the project

The facade of the building is designed in an impressive architectural style, the windows of the windows and the showrooms are particularly large and constitute another standard that does not look like the street.

The excellent location connects the occupants of the home to important traffic routes in the city, Route 531, Route 4 and the city's public transportation and transportation stations.

The building was built by Janov Construction and Development, an old and well-known company with a 30-year reputation and reputation in the area.

The project in collaboration with Teresa Real Estate Development

Developer

YNOB Construction and Development Ltd., is a private family company, which was established in 1986 and is currently celebrating 30 years of …
Details about Yanuv