Schechter Geffen in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-04-23T08:19:59.019498+00:00
End: 2023-12-31T23:59:59+0000
Location: Schechter Geffen

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Construction

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Project info

Object ID: 6773

Finished at	September 2021
Price, m²	From 6400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	35
Condition	Black walls
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground 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

192,000$

Net profit

5,906$

Payback period

23.7 years

Avg property value increase per year

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About the project

Between the green of the Hayarkon Park, the urban city of RG, in the old and desirable vineyard neighborhood, is the residential project that every RG is waiting for. The Schechter Geffen project invites you to relax in large, luxurious duplexes, overlooking the heart of Ramat Gan's business, culture and interest.

Get to know a new quality of life in a perfect location, near the light rail, parks, Ayalon Mall and a host of educational, cultural and leisure institutions.

Developer

Schechter Real Estate is a company that initiates leading and innovative projects in Israel. The company is owned by the Schechter family, E…
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