Pinkas 14 in Ramat Gan

Name: Pinkas 14
Brand: בית וגג
SKU: 6832
Availability: InStock

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Project info

Object ID: 6832

Finished at	October 2019
Price, m²	From 6800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	35
Condition	Black walls
Construction type	Monolyth
Security	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

204,000$

Net profit

5,906$

Payback period

25.2 years

Avg property value increase per year

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About the project

Recent penthouse apartments are surprisingly priced in the quiet heart of Ramat Gan, in a young and desirable area, a 9-story boutique building with underground parking for each apartment and a spacious lobby. Special emphasis was placed on the design of the apartments, while maintaining a contemporary, comfortable and spacious design. Walking distance from schools, kindergartens and public buildings, and proximity to major traffic routes will ensure full accessibility.

Developer

House and Roof is one of the oldest, robust and prominent companies in the field of urban renewal in Israel, which currently leads dozens of…
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