The house in Bodenheimer in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-04-22T11:31:05.072399+00:00
End: 2023-12-31T23:59:59+0000
Location: The house in Bodenheimer

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Project info

Object ID: 6751

Finished at	September 2021
Price, m²	From 16300$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	5
Apartments	11
Condition	Black walls
Construction type	Monolyth
Security	Security
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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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

489,000$

Net profit

5,906$

Payback period

60.3 years

Avg property value increase per year

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About the project

the project's description:

The most prestigious location and planning!

A unique 5-storey boutique building and only 11 apartments, designed by renowned architect Avner Straight.

The project is located in the Old North, in the most desirable area of Tel Aviv, on a quiet and magical street.

A few minutes walk from the beach, State Square, Hayarkon Park, a variety of attractive recreation areas and more.

Project environment:

· Yehuda Maccabi st. - A street full of cafes and neighborhood bars

· State Square - Tel Aviv's prestigious shopping complex

· Hayarkon Park - Tel Aviv's green lung

· Milan Square - a boutique neighborhood center

· Basel Street - renowned for its upscale shops and boutiques

Hilton Beach, Peeps Beach and Tel Aviv's attractive promenade

Developer

The Gabay Group has been one of the oldest and leading construction companies in the real estate industry in Israel for over 30 years. The g…
Details about Gabay Group