Ranak 14 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-04-21T11:39:59.419528+00:00
End: 2023-12-31T23:59:59+0000
Location: Ranak 14

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Property for sale in Ranak 14 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 6714

Finished at	September 2022
Price, m²	From 28577$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	7
Apartments	17
Condition	Black walls
Construction type	Monolyth
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

857,310$

Net profit

5,906$

Payback period

105.8 years

Avg property value increase per year

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About the project

In a sought-after location in the Old North close to the Hilton Hotel, the city's building company is planning to set up the 14th-floor RANC Project, a 7-story project in District 3 in the most coveted area.

Beyond being the center of interest and close to many entertainment venues, cafes and shops - the project will be built a short walk from the promenade and the beach, between Ben-Yehuda, Dizengoff and Arlozorov Streets, and will be located very close to the area's light rail station.

Major General 14 will include a variety of designed and upscale apartments with large balconies. You can choose a variety of 3 bedroom apartments with a 14 sqm balcony, a duplex garden with a basement and a 140 sqm garden and a 5-room penthouse on the sixth floor with pool and sea views.

All apartments can be purchased with private parking and a private storage room.

Developer

Benin City is a boutique entrepreneur located in the heart of Tel Aviv. The company deals with unique projects that are carefully selected b…
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