Assaf 29 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-05-05T12:13:27.288999+00:00
End: 2023-12-31T23:59:59+0000
Location: Assaf 29

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Construction

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Project info

Object ID: 7096

Finished at	September 2020
Price, m²	From 8010$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	24
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

240,300$

Net profit

5,906$

Payback period

29.7 years

Avg property value increase per year

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About the project

The project on Assaf Street 29 is an intimate project offering a combination of luxury at its finest and contemporary architectural line. The project has 25 advanced design apartments, with rich technical specifications, all enjoying maximum quiet and privacy due to the location of the building, in one of Ramat Gan's well-maintained and high-quality areas. The geographical proximity to Tel Aviv and the main traffic arteries, produces significant added values for the project and the value of the apartments in it.

Assaf 29 is a project designed in close proximity to the advanced residential trends in Israel and around the world, paying attention to the use of quality building materials, smart division of interiors and emphasizing the facades of the building that emphasize its boutique character. The project has 25 apartments, an 8-story building as well as two floors of an underground car park. The mix of apartments combines 2, 3 and 4 room apartments, alongside garden apartments and spacious penthouses.

Developer

Ashdar Boutique specializes in advanced urban planning and construction and is an integral part of the Ashdar Group of the Ashtrom Group. Th…
Details about Ashdar-boutique