Schechter 6th in Ramat Gan

Name: Schechter 6th
Brand: שכטר נדל"ן
SKU: 7416
Availability: InStock

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Project info

Object ID: 7416

Finished at	December 2021
Price, m²	From 7960$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	17
Condition	Turnkey
Construction type	Monolyth
Security	Intercom
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

238,800$

Net profit

5,906$

Payback period

29.5 years

Avg property value increase per year

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About the project

Schechter Real Estate is building the latest project on Ramat Gan's much-sought-after Haile Street, the building is located in a green environment, excellent educational institutions and quick access to Gush Dan's business and leisure centers. The many recreational gardens in the area and proximity to a national park in addition to the top kindergartens and schools in Ramat Gan ensure an exceptional standard of living for the whole family. Thanks to the proximity to the Champion Field Interchange and Highway 4 east and the Peace Road and Ayalon routes to the west, all points of interest in central Tel Aviv and the surrounding area can be reached in no time. All apartments are designed with modern design and include rich and high quality specifications that guarantee a different level of living experience. In this project, too, the high level of finish and the care of the small details are an integral part of Schechter's European building traditions.

Developer

Schechter Real Estate is a company that initiates leading and innovative projects in Israel. The company is owned by the Schechter family, E…
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