HaMitnahalim 32 in Ramat Hasharon

Name: HaMitnahalim 32
Brand: Gabay Group
SKU: 7321
Availability: InStock

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Project info

Object ID: 7321

Finished at	July 2022
Price, m²	From 8200$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	21
Condition	Turnkey
Construction type	Monolyth
Security	CCTV 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

246,000$

Net profit

5,906$

Payback period

30.4 years

Avg property value increase per year

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About the project

Advancing to a new life in the familiar Ramat Hasharon. As part of the project, 9 units will be evacuated and, in their place, 22 new units will be built in a luxurious 7-story boutique building. The project is located in the pastoral Oak neighborhood, close to commercial and public centers, green parks, quality educational institutions and proximity to the city's main transport routes.

Developer

The Gabay Group has been one of the oldest and leading construction companies in the real estate industry in Israel for over 30 years. The g…
Details about Gabay Group