Bloch 30 in Tel Aviv-Yafo

Name: Bloch 30
Brand: Dare Construction
SKU: 7476
Availability: InStock

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Project info

Object ID: 7476

Finished at	September 2020
Price, m²	From 11400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Floors	8
Apartments	20
Condition	Turnkey
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

342,000$

Net profit

5,906$

Payback period

42.2 years

Avg property value increase per year

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About the project

The project is located in District 4 according to the borough plan. Bloch 30 is on the corner of Bloch and Sutin. The original building stands on 4 floors and 10 housing units. As part of the TAMA 38/2 demolition and construction process, the existing building will be demolished, and tenants will be evacuated to a replacement housing solution at the expense of the company for the period of construction. Sustainability will be expanded, each apartment will receive a sun terrace, detailing an innovative and prestigious apartment parking in an underground car park and warehouse together with the development of the building environment for the benefit of the residents.

Developer

Dare Construction Established in 1971 as a construction and development company, specializing in residential construction and implementing p…
Details about Dare Construction