Y9 in Rishon Letsiyon

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Project info

Object ID: 7277

Finished at	September 2018
Price, m²	From 7660$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	10
Apartments	34
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	Intercom 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

229,800$

Net profit

5,906$

Payback period

28.4 years

Avg property value increase per year

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About the project

Two meticulously 18-story towers with breathtaking views with 134 residential units in total.

3,4,5-room apartments with mini penthouses, and penthouses showing new design highlights.

The project is located in the new complex in the north of the city, near Kfar Malal

The excellent location of the project provides excellent access to the train station and major traffic routes and leading educational institutions.

The result is expressed at a particularly high-end finish that makes tenants' daily lives a perfect living experience.

An extraordinary project featuring unique elements of design, rural living and advanced living

Impressive facades, upscale lobby decor, design that combines unique materials in the public areas, all create a pleasant and prestigious atmosphere.

Developer

Chen and Itay Gindi follow two guiding principles in the fulfillment of their craft. The first is placing the customer’s happiness and satis…
Details about Chen and Itay Gindi