Olei HaGardom 17 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-04-22T07:59:42.807208+00:00
End: 2023-12-31T23:59:59+0000
Location: Olei HaGardom 17

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Project info

Object ID: 6732

Finished at	May 2022
Price, m²	From 11600$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	5
Apartments	23
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

348,000$

Net profit

5,906$

Payback period

42.9 years

Avg property value increase per year

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About the project

Living in Tel Aviv at a reasonable price and feeling in the village

A quiet and quality neighborhood near the Ramat Hachayal employment and high-tech area

Young families discover the neighborhood and move to live in it

Excellent education at the Yeshgav School located down the street, Saturday Scouts discussing the neighborhood

The neighborhood is undergoing urban renewal and improvement of all properties in the area

A few minutes walk from Hayarkon Park

Plenty of recreation areas and restaurants at Soldier Level, Zappa Club, North Market, etc.

Excellent access to main roads: Ayalon Highway 2, 5, 4, 6

Developer

The Real Estate Fund is a young and leading company operating in the construction and construction of residential in Israel. Trade, offices …
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