Gallipoli 19 in Tel Aviv-Yafo

Name: Gallipoli 19
Brand: YBox
SKU: 6996
Availability: InStock

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Project info

Object ID: 6996

Finished at	May 2021
Price, m²	From 11500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	9
Apartments	41
Condition	Black walls
Construction type	Monolyth
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

345,000$

Net profit

5,906$

Payback period

42.6 years

Avg property value increase per year

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About the project

Ybox raises the bar and sets a new standard of excellence in the urban renewal project at 19 Gallipoli Street in Tel Aviv. The old-fashioned building will be demolished and rebuilt after the new design has invested a thorough and careful thought that takes into account the needs of the tenants, now and in the future. The 8-storey building will feature a diverse mix of 2,3 and 4-room apartments, garden apartments and penthouses. This mix fits the diverse nature of the neighborhood and is suitable for young people, couples and of course families. The building designed by renowned architect Giora Gur will be built to the highest standard of construction and will also include an underground car park for the benefit of the tenants - in short, an urban renewal at its best with a particularly rich range of apartments for sale in Tel Aviv.

With plenty of new projects in Tel Aviv as a whole, Yad Eliyahu is particularly notable. Gallipoli Street is at the center of the burgeoning neighborhood, which has become one of the city's most sought after residential areas. Yad Eliyahu's urban renewal revolution is the main reason for the increase in demand for new apartments in the area, alongside the neighborhood's proximity to major arteries, and excellent public transport infrastructure. The light rail that is now being built will connect Yad Eliyahu to the city's peace road as well as Yehuda Halevi Street, and a network of bicycle paths set up in the neighborhood will facilitate green and fast mobility within the city. The entire area is in real swing: Many residential buildings are being built next to the neighborhood, including educational institutions, expansive gardens and shopping centers, including shops, cafes and restaurants that will meet all the needs of the developing neighborhood.

Developer

For years, the Ybox Group has been presenting a unique and unique approach to the real estate world and creating exceptional projects. Amon…
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