Clay 18 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-04-21T09:10:48.764809+00:00
End: 2023-12-31T23:59:59+0000
Location: Clay 18

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Construction

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Project info

Object ID: 6706

Finished at	March 2023
Price, m²	From 12500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	24
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket
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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

375,000$

Net profit

5,906$

Payback period

46.3 years

Avg property value increase per year

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About the project

It turns out that in order to enjoy Tel Aviv you don't have to go far ...

The unique location of the project near the state square allows you to enjoy all the good in Tel Aviv, right near the house: cultural institutions, cinemas, theaters, restaurants and cafes, contemporary bars, green parks, lively shopping centers, luxury shops alongside authentic shops, Colorful markets, magical seashore and other experiences that are within walking distance of the house. Proximity to public transport, train.

City people are proud to present:

Project Clay 18 - Near the state square in Tel Aviv this happens once in decades. A new project was built on Clay Street, near State Square, the street has recently been renovated including sewerage infrastructure, lighting water, electricity and road and sidewalk renovation. One of the most sought after and loved areas in Tel Aviv. This is your chance to grab a spot in the heart of the city that doesn't rest for a moment on a quiet cul-de-sac ... and feel real Tel Aviv.

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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