Levinstein Neve Gan - New Elite Tower in Ramat Hasharon

Name: 📣 300$ — discount certificate
Start: 2020-04-22T12:54:39.368315+00:00
End: 2023-12-31T23:59:59+0000
Location: Levinstein Neve Gan - New Elite Tower

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Project info

Object ID: 6764

Finished at	November 2019
Price, m²	From 9800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	16
Apartments	58
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground 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

294,000$

Net profit

5,906$

Payback period

36.3 years

Avg property value increase per year

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About the project

The unique 15-story tower in the Levinstein Neve Gan project offers a variety of amazing and invested luxury apartments and one rare penthouse, all with a huge interior space, wide balconies and exceptional apartment details.

The penthouse at the top of the tower, just as the penthouse should be. Featuring a unique design of a huge, bright living space that combines an open kitchen, dining area for perfect dining experiences and a living room with mesmerizing panoramic views. A true penthouse with 2 luxurious balconies that spans approximately 152 square meters is amazingly divided. The first, about 90 square meters, exits the home's main living space and includes pool and kitchen preparation. The second balcony that comes out of the master bedroom, with an open view to the green and sea of Herzliya and Tel Aviv.

The considered Neve Gan neighborhood, located in "Ramat Hasharon corner of Tel Aviv" and includes elementary schools, a popular shopping center, a focused center and quick access to all of the center's major traffic routes.

Developer

Construction and ownership of rental real estate Initiating and executing projects (including land investments, permit handling, constructi…
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