Shimon HaTarasi 3-5-7 in Tel Aviv-Yafo

Name: 📣 300$ — discount certificate
Start: 2020-05-06T11:35:34.357346+00:00
End: 2023-12-31T23:59:59+0000
Location: Shimon HaTarasi 3-5-7

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Construction

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Project info

Object ID: 7126

Finished at	December 2020
Price, m²	From 5400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	6
Apartments	63
Condition	Black walls
Construction type	Monolyth
Security	—
Conveniences	Parking Near school Near kindergarten Near supermarket Near hospital
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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

162,000$

Net profit

5,906$

Payback period

20.0 years

Avg property value increase per year

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About the project

The residence in the building offers access to the Yarkon Park, the beach and the city without a break. The design divides the building into two wings that create a pleasant symmetry, while maintaining horizontal lines. The excellent specifications of the apartments and common areas guarantee an exceptional living standard.

An unusual project in the Old North

Shimon Theresi 3-5-7 is a unique project in the Old North thanks to the location, design and layout of the apartments and common areas. The design of the building is characterized by maintaining horizontal lines and dividing it into two divisions which create a pleasant symmetry. The project offers apartments with an open and bright façade and excellent specifications that ensure an exceptional living standard with access to the Yarkon Park, the beach and the abundance the city has to offer.

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