Moshe Dayan 36 in Ramat Gan

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Start: 2020-05-05T09:28:09.350111+00:00
End: 2023-12-31T23:59:59+0000
Location: Moshe Dayan 36

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Project info

Object ID: 7080

Finished at	December 2019
Price, m²	From 6500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	36
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket
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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

195,000$

Net profit

5,906$

Payback period

24.1 years

Avg property value increase per year

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About the project

Most of the 38 permits in the recreation neighborhood are part of a reinforcement and addition route, with the open requests anticipating the change in the trend towards demolition and construction.

At the same time, Plan C / 53, which deals with rights granted under the demolition and rebuilding alternative in TAMA 38, has not yet been approved.

According to city engineering recommendations, the maximum height of the new buildings to be built will be adjusted to the width of the streets according to the following key: For streets 7 meters and below or for a cul-de-sac up to 8 meters wide, a detailed plan for the entire street is required to obtain a permit for further construction. The streets with a maximum height of 7-12 meters will be 9 stories high, and the streets with a maximum width of 12 meters will have 10 stories.

In addition, the apartment multiplier for demolished buildings is in the entertainment neighborhood according to the recommendation of a top floor of 3.5, ie a maximum of 3.5 new apartments for each apartment destroyed. The multiplier is a numerical coefficient by which the number of final dwellings added to the building is calculated.

The municipality is currently in the process of formulating a new neighborhood blueprint, which is expected to deal with its planning future, and in deciding areas for renewal of areas - both through TAMA 38 and as part of evacuation-construction projects. The current location, location within the neighborhood and economic viability considerations. We recommend that you keep up to date with the progress of the plan.

Developer

החברה הקבלנית הוקמה בשנת 2002 והחלה לעסוק בתמ”א 38 כקבלנית ויזמית בשנת 2008. מתוך התאמה לצרכי השוק ומספר שינויים מבניים בקבוצה, הוקמה בשנת …
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