New Ramat Efal in Ramat Gan

Name: Sales in New Ramat Efal started!
Start: 2020-05-15T12:28:32.002088+00:00
End: 2023-12-31T23:59:59+0000
Location: New Ramat Efal

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Project info

Object ID: 7382

Finished at	March 2021
Price, m²	From 6360$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 189.00 m²
Floors	14
Apartments	397
Condition	Turnkey
Construction type	Monolyth
Security	CCTV
Conveniences	Parking Near school Near kindergarten Near supermarket
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,202,040$

Net profit

9,376$

Payback period

102.3 years

Avg property value increase per year

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About the project

A new residential complex is adjacent to the old Ramat Efal, opposite Kfar Azar and near the quality villas in Ramat Gan. A rural, green and desirable place, near a new education community just minutes from Highway 4 and the Field Champion interchange and proximity to Highway 1. In the future, the "Purple Line" route - the Gush Dan Metro will also pass.

In the vicinity of the project are Bar-Ilan University, Ramat Efal Seminar, Tel Hashomer Medical Center, Ramat Gan Safari and the Maccabiah Village, all within easy reach. Design and planning of the project was entrusted by the Ysky-Moore-Sion Architects (MYS Architects) Architects mini penthouses and penthouses on the high floors, in 10-14 storey buildings, beautiful environmental development, designed apartments, spacious with rich specifications. Large apartments with open views.

Developer

Rock Construction is a company with a long-standing equity and reputation, which enables the initiation and construction of high-financing p…
Details about Rock Construction