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Rothstein FIRST in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-04-28T07:34:18.341709+00:00
End: 2023-12-31T23:59:59+0000
Location: Rothstein FIRST

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Project info

Object ID: 6878

Finished at	June 2020
Price, m²	From 8060$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	47
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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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

241,800$

Net profit

5,906$

Payback period

29.8 years

Avg property value increase per year

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About the project

Benefits of the project

First line to Tel Aviv

Close to Tel Aviv's recreation, cultural and leisure centers

Designed apartments with rich technical specifications

Boutique buildings

A magnificent lobby, tenants club and underground car park

Parks, public gardens and a shopping center nearby

Educational institutions for all ages nearby

The unique "Rothstein FIRST" project is located in Rishonim neighborhood, the most sought after in Ramat Gan. The neighborhood is bordered by the most equal part of Givatayim and is minutes from Tel Aviv's entertainment, cultural and leisure centers. You are invited to fall in love, a 47-apartment building with 2 flats with 23 and 24 apartments over just 9 stories above ground floor. Each wing enjoys a separate entrance, a luxurious lobby and a private elevator, with both flats a tenants club and a shared underground car park.

Upscale 4 and 5-room boutique apartments as well as selected premium apartments - a 70sqm garden apartment and two penthouses spread out over an entire floor with a 95sqm balcony.

Developer

Rothstein - Excellence in construction for 60 years Rothstein Real Estate Ltd. is a public company whose shares are traded on the Tel Aviv …
Details about Rothshtein Construct & Asset