Alumim 38 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-04-24T12:17:51.239023+00:00
End: 2023-12-31T23:59:59+0000
Location: Alumim 38

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Construction

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Property for sale in Alumim 38 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 6833

Finished at	March 2022
Price, m²	From 8010$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	12
Apartments	72
Condition	Black walls
Construction type	Monolyth
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

240,300$

Net profit

5,906$

Payback period

29.7 years

Avg property value increase per year

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About the project

At a serene, green and intimate spot of Circular Street that surrounds the remodeled perfume garden in the entertainment district, in the coveted seam between Ramat Gan and Givatayim, a home and roof is set up for its new and yours residential project.

A meticulously built 12-story building with rich specs and urban scenery that doesn't stop up to the Tel Aviv coastline, setting a new residential standard in the neighborhood we love.

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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