Grizim 5 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-05-06T11:25:36.965943+00:00
End: 2023-12-31T23:59:59+0000
Location: Grizim 5

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Construction

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Property for sale in Grizim 5 — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 7124

Finished at	July 2022
Price, m²	From 11000$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	24
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking 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

Grizim is a small, quiet street and is a clear expression of the city's first blueprint, due to its widespread public gardens and the physical array of longitudinal streets that include lively commerce and entertainment venues. The project design emphasizes the connection to the environment and maintains the region's unique character.

Quiet street with enchanting public garden

The project, designed by Bar Orient Architects, is an expression of the city's first master plan designed by Sir Patrick Geddes and sought to pin the city to the sea in recognition of its importance, and to create streets and avenues perpendicular to the sea to allow breeze from the sea.

Developer

Ram Mograbi Arditi has been building in Tel Aviv since 1919 and is currently operating in the Old and New North and the heart of the histori…
Details about Ram Mughrabi Arditi