Improvement Of Properties In Eilat – in addition to new buildings, there is a large number of real estate requiring repairs. These are old buildings located near the city center. Prices for such apartments are much lower, but they require renovation. If you plan to invest in real estate with subsequent lease – this can be a very profitable investment. Our agency can help you choose the most suitable property for you and advise on the issue of profitable and inexpensive renovation, as well as to find tenants.
Improvement of real estate in Eilat
The cost of renting apartments in old houses, let’s take for example an apartment Studio without repair starts from 2500 shekels, similar to a 2-room apartment from 3200 shekels and so on. The presence of repair and / or furniture will increase the rental price by 10-20%, and will also allow to rent this property for tourists on a daily basis at a price of $ 50-200 per day. If you decide to invest in real estate requiring repair, Korenfld real estate agency in Eilat, will help you calculate the approximate cost of repairs, purchase of furniture, the rental price per month or per day.
Guaranteed profit from real estate after repair
Inexpensive apartments are in great demand in Eilat all year round. Your potential tenants are: people coming to work in Eilat, new immigrants, tourists who prefer renting apartments. Whichever type of renting you choose, whether long-term or short-term lease, your apartment will bring you a constant and profitable income. Make your choice, and Korenfld Real Estate Agency takes care of the rest.