A 26 square meters studio in Tel Aviv generates 8,550 shekels per month with The Zandis's Property Management

Size:
26 square meters / 279 square foot
City:
Tel Aviv

Results

+94.32%

Increase of yearly Revenue

4.26

Average review score

8,550 ILS

Average monthly Revenue

The Challenge

Daniel wanted to invest all her saved money in a Real Estate Property. Still, with the crazy prices of Tel Aviv, she could afford only a 20 square meter basement that would not be enough to live for her and her daughter. Moreover, renting it with the conventional long term leases would bring her not even enough to ask for the mortgage and would block her from the chance of renting a secondary place for her to live in.

The Zandi Process

By analyzing the property and redesigning it with a very low budget, The Zandis managed to increase the property and the appealing of it to tourists with an efficient Property Management. Tourists are often more attracted by an "instagrammable" and well-located room rather than how spacious it is. Three months in, Daniel was already covering the price of the mortgage. Moreover, she is also obtaining an extra income that helped her pay the rent of the bigger apartment she decided to pick for herself.

Become a Host

Reviews from the Guests of this Property

Amazing place and kindest hosts! Our flight was delayed and they accommodated us is every way. Highly recommend!

Megan on Airbnb

had a great time at this amazing studio. It has everything you need. The communication was easy and quick, the owner was helpful and answered messages immediately. The place looks exactly like on the pictures. The perfect location in the heart of Tel-Aviv allows you to enjoy sightseeing and nightlife as well. Very easy to get around with public transportation and walking distance to awesome bars and restaurants. Totally recommend it.

Ortal on Airbnb

The location is perfect. Right in the heart of the city. - very close to a lot of beautiful restaurants with a massive variety of food. - Rabin square, shopping centre, beach and supermarket all within 10min walk. - convenient location for busses round to the old city too. - over email and booking.com the landlord is very friendly. Left a nice welcome present/souvineer on the bed.

Daniel from Great Britain on Booking.com

Other Success Stories

Read more Success Stories

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*To protect the Privacy of our Hosts, we have changed their name. All the reported data is real and updated to February 2020.