HaPodim 50 in Ramat Gan

Name: HaPodim 50
Brand: Africa Urban Renewal
SKU: 7177
Availability: InStock

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Project info

Object ID: 7177

Finished at	June 2022
Price, m²	From 7150$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	36
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking 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

214,500$

Net profit

5,906$

Payback period

26.5 years

Avg property value increase per year

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About the project

One of the most sought after areas in Ramat Gan, a 9-story building with 35 3, 4 and 5 room apartments, garden apartments and penthouses will be built, with underground parking for each apartment. The Podim 50 project is located about 400 meters from the future light rail station, 20 minutes' walk from Hayarkon Park and Ayalon Mall.

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