Weizman 4 in Rishon Letsiyon

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Start: 2020-05-11T07:46:32.835513+00:00
End: 2023-12-31T23:59:59+0000
Location: Weizman 4

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Project info

Object ID: 7217

Finished at	June 2019
Price, m²	From 6000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	25
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security
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

180,000$

Net profit

5,906$

Payback period

22.2 years

Avg property value increase per year

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Promos and discounts for Weizman 4

About the project

New project in Rishon Lezion

A new and luxurious project is currently being built in the popular Abramovich neighborhood, which includes apartments with high quality and rich specifications that are rarely seen in the urban environment outside Tel Aviv. The neighborhood offers easy access to all major transport routes, along with bustling shopping complexes and shopping centers. Instead, you will find a host of employment options that make the project one of the most sought after in the area, all within a 20-minute drive of central Tel Aviv.

In contrast to the tallest buildings in the area, the new project on Weizman Street 4 will find only 25 apartments of 4-5 rooms, in a seven-story building with two to three air directions. The large balconies of the project overlook the spectacular urban landscape of Rishon Lezion and guarantee an unparalleled quality of life. Take a look now at the variety of possibilities offered by a new project in Rishon Lezion.

On the Abramovich neighborhood

The Abramovich neighborhood, located east of Rishon Lezion, today combines a high-quality and diverse population mix, on the one hand you will find the veteran population of quality families in Rishon Lezion and, on the other, the cohesive community built by young families with children moving to the city. The neighborhood includes green parks, over 90 kindergartens and no less than 18 educational institutions that have made it one of the most sought after neighborhoods by young people with children.

Quality construction by French group Deer & Sons

In recent years, the "French Zvi & Sons" group has built a fine reputation after establishing a variety of residential and office housing projects in desirable neighborhoods in Israel. In every project we do not compromise on high standards construction and rich and luxurious specifications to make any apartment that comes out of our hands to create unparalleled art - a place you will happily call home.

Developer

With over 50 years of experience, French Deer and Sons do not stop innovating, refreshing and reinventing the construction industry, through…
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