Krinitsi 75 in Ramat Gan

Name: Krinitsi 75
Brand: Engel Invest
SKU: 7322
Availability: InStock

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Project info

Object ID: 7322

Finished at	September 2020
Price, m²	From 7980$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	30
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
Conveniences	Parking Kids playground 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

239,400$

Net profit

5,906$

Payback period

29.5 years

Avg property value increase per year

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About the project

In the heart of Ramat Gan, in a wonderful location next to the lively center, in a quiet and green corner stands the Krinitzi building. The building is populated with apartments of various sizes ranging from 3, 4 and 5 room apartments, garden apartments and penthouses. A few steps on foot - and everything you need waiting for you: shopping centers, schools, kindergartens, bodies and various institutions. Public transport to and from the building and its surroundings also operates frequently, and the building is connected to all major arteries. Not every day you can find a magical, green and quiet place - so close to the vibrant center

Developer

The Angloinvest Urban Renewal Group specializes in providing the full range of services required to execute urban renewal projects: construc…
Details about Engel Invest