Real Estate in Tel-Aviv- Plan 3700

  • eitansit
  • November 24, 2014 9:45 am

Dear Luba

Novostate is an Israel-based company, with local representatives in Los Angeles, New Jersey, France, Ukraine, Argentina and Uruguay.

I serve as the VP Marketing of the company; hold an MBA with specialization in Finance-Accounting & Strategy and Entrepreneurship from Tel-Aviv University.

Our current flagship project is in Tel-Aviv. It is called “Plan 3700″.
In a nutshell- we purchase for our investors undeveloped land in a prime location- between Tel-Aviv Port and the Herzliya Marina, right next to the Mediterranean Sea. This is a great investment opportunity, since this is the last large parcel of undeveloped land in Tel-Aviv.

Plan was approved on Oct. 9th, 2013 by the National Planning Committee – 12,000 housing units, 5 Hectares for hotels, 15 Hectares for offices, 7 Hectares for retail. Novostate locates land available for sale in around 820K ILS (approx. 215k USD) for land equivalent to 1 housing unit of approx. 150 square meters – 230K ILS (approx. 65K USD) below market price.
For more details please visit our website www.novostate.com

The business strategy in a nutshell-
We locate a land unit approx. 820K ILS (215K USD)
Our competitors sell it approx. 1.05M ILS (280K USD)
We market the land 1M ILS (265K USD)
We charge the difference between the sale price 1M and 820K ILS. We work with representatives in some countries around the globe. We share revenues 50%-50%.
We aim, of course, to sell more than 1 land unit per customer.

We are looking for 1.investors, 2. local representatives from all around the world, with strong bonds to individuals who might be interested in investing in real-estate in Israel’s prime locations.
We’re talking first and foremost about Jewish people and ex-Israelis.

Please let me know if this might interest you. If it does, let’s have a phone call +972-544316308

Best regards,
Eitan Soloducho

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