Montefiore 16 in Tel Aviv-Yafo

Name: Sales in Montefiore 16 started!
Start: 2020-04-21T12:08:40.769260+00:00
End: 2023-12-31T23:59:59+0000
Location: Montefiore 16

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Project info

Object ID: 6719

Finished at	December 2020
Price, m²	From 15500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 63.00 m²
Floors	6
Apartments	14
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking 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

10,110$

Rental income

1,103$

Management

689$

Utilities

505$

5% Income tax

7,813$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	22%	7	40$	280$
February	28	28%	8	40$	320$
March	31	16%	5	42$	210$
April	30	16%	5	50$	250$
May	31	38%	12	50$	600$
June	30	66%	20	55$	1100$
July	31	80%	25	90$	2250$
August	31	80%	25	90$	2250$
September	30	53%	16	75$	1200$
October	31	51%	16	50$	800$
November	30	33%	10	40$	400$
December	31	32%	10	45$	450$
Total	365		159		10110$
Average		42%		55$

Total invested

976,500$

Net profit

7,813$

Payback period

96.6 years

Avg property value increase per year

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Promos and discounts for Montefiore 16

About the project

The City Building Company offers you a luxury boutique building with 14 beautiful apartments and a street-facing commercial area, located in the heart of Tel Aviv financial, near the Shalom Tower and Rothschild Boulevard and many entertainment venues.

The project left for sale 3-room apartments of 63-81 square meters with sun balconies of 9.5-13 sq.m. and a spectacular 93 sq.m. penthouse built on the fifth floor with a 107 sq.m. balcony, Jacuzzi and sea view.

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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