HaZohar 33 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-05-06T09:21:21.466861+00:00
End: 2023-12-31T23:59:59+0000
Location: HaZohar 33

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Project info

Object ID: 7113

Finished at	October 2021
Price, m²	From 11000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	48
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

330,000$

Net profit

5,906$

Payback period

40.7 years

Avg property value increase per year

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About the project

In the Zohar Street, located in the upscale Babylonian neighborhood of Tel Aviv, a 38/2 project (evacuation-construction) will be established.

As part of the project, the existing building will be demolished and the construction of a new and prestigious residential building, which will be adjusted according to Urban's high standards.

The building is 7 storeys and a total of 32 new housing units.

The 3,4-room apartments have sun balconies, 4-room garden apartments and luxurious 5-room penthouses, which include huge sun balconies.

Developer

As part of its activities, Urban Real Estate is engaged in residential and office entrepreneurship, evacuation-construction, organizing purc…
Details about Urban Real Estate