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‘Shikun VBinui’ and Meny Group in a particularly profitable combination agreement.
Possibility of profit on the land of up to hundreds of percent with a low initial investment option.
Agricultural land registered in the TABU (Land Registry) in a desirable location with a constant increase in the value of the land,
With the possibility of reselling the land at any given time.
This makes the Warburg Field project a particularly lucrative deal for visionary investors.
3 min drive from the center of Kfar Saba and Raanana
Close to the beach road exit
Developed infrastructure and quality educational services
Nature and spaces that fill the soul with peace and silence
A prestigious agricultural moshav in M.A. South Hasharon
A population with a high socio-economic profile
Family and community atmosphere
Private land registered in the Tabu.
Obtaining building rights within 5-7 years
Option for reselling the land at any stage
The value of 100 square meters of land today according to appraisal Standard 22 is about NIS 320,000.
Ownership of 100 square meters of land, according to the expectation that after the land is thawed, building rights of about 130 square meters will be granted.
The value of rights to 130 square meters of construction, according to Standard 22, is NIS 900,000.
Expected rights – 5-7 years.
Location of Block 7676 Plot 18 – The uniqueness of Block 7676 – In its southern part, the rights and building permits were received for many plots, unlike other blocks in the area, where other agricultural lands are sold, for which no rights were received at all.
Plot size – 234.35 dunams, private land registered in the TABU (Land Registry), under jurisdiction of the Southern Sharon.
Offered for sale – 50 land units of 100 square meters.
This plot is under a suspended agreement with Shikun & Binui, which has signed on to promote and manage a master plan for high-density construction until the rights are granted.
In addition, there is a possible combination agreement for the construction phase.
|
1000 square meters of land |
500 square meters of land |
100 square meters of land |
|
|
The cost of purchasing the land |
1,250,000 NIS |
750,000 NIS |
170,000 NIS |
|
5% Management fee |
NIS 73,125 |
NIS 43,875 |
NIS 9,945 |
|
Lawyer fee |
25,000 NIS |
12,500 NIS |
2,500 NIS |
|
Purchase tax 6% |
75,000 NIS |
45,000 NIS |
10,200 NIS |
|
Total investment including VAT |
NIS 1,423,125 |
NIS 851,375 |
NIS 192,645 |
|
Appraised value for the right to an apartment after receiving the rights |
NIS 9,000,000 |
4,500,000 NIS |
900,000 NIS |
|
Planning costs after receiving rights |
351,000 NIS |
175,500 NIS |
35,100 NIS |
|
Expected profit before tax |
NIS 7,225,875 |
NIS 3,473,125 |
NIS 672,225 |
