HaRav Levin 3 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-04-29T09:19:10.433405+00:00
End: 2023-12-31T23:59:59+0000
Location: HaRav Levin 3

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Project info

Object ID: 6934

Finished at	February 2022
Price, m²	From 8000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	28
Condition	Black walls
Construction type	Monolyth
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

240,000$

Net profit

5,906$

Payback period

29.6 years

Avg property value increase per year

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About the project

In the quiet heart of Ramat Gan, among green gardens, near the Merom Nave Park and close to the Merom Nave mall, a fresh and new residential building was built as part of the Tama 38 project. Architect Eli Farber.

Marom Nave Park is the beautiful park of Ramat Gan and spans 40 acres. The park is called David Melamedowitz Park and is located in the heart of the Merom Naveh neighborhood, one of the youngest but still based neighborhoods in Ramat Gan.

In the park you will find playgrounds for children, a shady grove, open-air fitness facilities for adults, an artificial creek and a refreshing fountain. The park is inhabited by the residents of Ramat-Gan Bnei Brak and the surrounding area and it is a pretty nice attraction and a cheap and high quality solution for an afternoon family fun.

The beautiful marker of the park and what gives it its main attraction is the graded aqueduct that continues down the tens of meters - from the park's east end point, bordering Bnei Brak, to the heart of the park.

The visit to the park can be completed at the adjacent Merom Mall. You can find a variety of designer shops, brand stores and a rich food complex every Saturday.

Developer

AP was established in 2007 under the vision of initiating quality real estate projects in Israel, with an emphasis on leading demand areas. …
Details about AP-I