Katsenelson 7 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-04-21T08:52:00.400368+00:00
End: 2023-12-31T23:59:59+0000
Location: Katsenelson 7

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Construction

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Project info

Object ID: 6703

Finished at	March 2024
Price, m²	From 45828$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	25
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

1,374,840$

Net profit

5,906$

Payback period

169.7 years

Avg property value increase per year

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About the project

New residential building in one of the quiet and pastoral streets in the city A unique boutique project that offers you a magical residential experience within walking distance of everything in town

Tama 38/2 project - demolition and rebuilding, in which a new 7-storey building will be built - ground floor, 5 typical floors and a retractable roof. A total of 25 apartments in the new building.

Developer

The people of the city are a subsidiary of the Group of 141. The group is established and managed by three joint CEOs from the Air Force, an…
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