Krinitsi 101 in Ramat Gan

Name: Krinitsi 101
Brand: Africa Urban Renewal
SKU: 7173
Availability: InStock

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Project info

Object ID: 7173

Finished at	November 2020
Price, m²	From 6900$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	37
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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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

207,000$

Net profit

5,906$

Payback period

25.5 years

Avg property value increase per year

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About the project

The project is located in neighborhood C in downtown Ramat Gan, in a perfect area for any age. The building is located in the heart of the city of Ramat Gan, close to Bialik, Herzl and RAA streets, where you can spend your time in a variety of shops, restaurants, cafes and entertainment venues. 3.5, 4 rooms, garden apartments and penthouses

Developer

Experience, power, reliability "Africa Urban Renewal," is a wholly owned subsidiary of the Africa Israel Residential Group, the leading rea…
Details about Africa Urban Renewal