Yachin 1 in Ramat Gan

Name: 📣 300$ — discount certificate
Start: 2020-05-08T08:29:41.415667+00:00
End: 2023-12-31T23:59:59+0000
Location: Yachin 1

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Construction

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Project info

Object ID: 7189

Finished at	March 2021
Price, m²	From 7700$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	28
Condition	Turnkey
Construction type	Monolyth
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

231,000$

Net profit

5,906$

Payback period

28.5 years

Avg property value increase per year

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About the project

In the heart of the first downtown neighborhood on the border of the first neighborhood, close to major traffic routes and a short walk from the central train station and the stock exchange area, a 9-storey building (28 demolition and rebuilding) was built as part of the Tama 38/2 building. 4.5,5 rooms, garden apartments and penthouses.

Yachin 1 is located in the heart of downtown A neighborhood on the border of the first neighborhood, a very quiet neighborhood on the Tel Aviv and Givatayim neighborhood, close to major traffic routes and a short walk from the central train station and the stock exchange area. The neighborhood is mainly populated by families and adults and has many high quality schools and kindergartens. .

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