Krinitsi 99 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-05-04T09:24:14.321692+00:00
End: 2023-12-31T23:59:59+0000
Location: Krinitsi 99

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Project info

Object ID: 7051

Finished at	March 2023
Price, m²	From 7970$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	42
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket
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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

239,100$

Net profit

5,906$

Payback period

29.5 years

Avg property value increase per year

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About the project

In the heart of Ramat Gan in the most coveted location, the prestigious Krinitzi 99 project is being established. A spectacular architectural work that redefines the concept of quality of life.

The mix of apartments in the project is extremely diverse and offers a choice of 2 and 3-room apartments, 4-room family apartments and luxurious penthouses. The apartments are designed and spacious with a strict finish and all have sun terraces.

In a green environment of manicured parks and gardens, shops and shopping centers, educational institutions and the community - everything is accessible and exciting in a big way. The project is located in front of the military complex, which will give way to a huge park which will spread over 25 acres just below your home!

A green island of expansive lawns, play areas, walking paths, state-of-the-art sports and fitness facilities that provide delightful hours of quality and enjoyment for you and your children. The perfect location of the project gives you perfect and quick access to the main traffic routes: Jabotinsky, Ben-Gurion and Bialik that quickly connect you to the center of Tel Aviv. The transport system is soon undergoing a revolution with the operation of the light rail (red line). The strategic location of the project between the 2 light rail stations will complement the direct accessibility to every block of Dan.

Developer

Company approx. Kochav HaNegev Ltd. is a contracting company for entrepreneurship, construction and development established in 1990 by Mr. Y…
Details about Kochav