Starting at $78,000 and a ROI of ≈15% annual return, with a passive rental income of approximately NIS 3,500 per month. It is possible to get up to 70% finance from the purchase amount , with an option for insallments up to 10 years. Expectation of about 30% increase in apartment value upon key delivery, and an expected full return on investment within about 6 years. In the Odessa 2020 project, a prestigious complex that includes a Dead Sea spa, pool, gym and more, located at the most popular, vibrant location in Odessa, Ukraine. 500 meters from the Black Sea shore – a 3-minute walk from the Arcadia promenade. Fully furnished and equipped high-end apartments, designed for short-term rental to tourists by an Israeli management company. In the complex there is a business center “Emporium Business Tower”.
A safe investment to secure your financial future, with a full return on investment within about 6 years
“Odessa 2020” Project is located in the heart of the city’s entertainment and recreation center, adjacent to the beach. The project’s unique location close to Arcadia promenade provides an incredible mix of vibrant nightlife, along with an abundance of restaurants offering rich cuisine, cultural and historical sites and marvelous beaches.
The complex is composed of a luxury tower with 430 studio, 2 and 3-room apartments, fully furnished and equipped to suit all types of tourists (couples, families, businessmen, etc.). The complex has everything you need to enjoy life: a Dead Sea spa, transparent swimming pool on the 26th floor, gym, aesthetic center, conference rooms, restaurants and coffee shops, concierge service, underground parking, housekeeping and room service, and more. The project was planned and designed by an Israeli architect, Assaf Shaul – co-owner of CPSL architectural firm. Each apartment features a balcony overlooking the sea. The apartments will be rented to tourists by an Israeli management company for short periods via the Airbnb model. In the complex there is a business center “Emporium Business Tower”.
Despite being launched overseas, the transaction is entirely Israeli. With over a decade of successful projects in Israel and abroad, Green Park Entrepreneurship and Construction specializes in Eastern Europe region. The project is supervised by an Israeli construction inspector, Mr. Shlomo Yaffe, and designed by an Israeli architect, Mr. Assaf Shaul – co-owner of CPSL architectural firm. The project also features an Israeli management company led by Mr. David Maor, and a trustee for investors’ funds – Fischer, Behar, Chen & Co. law firm, which releases the funds according to construction progress and subject to the approval of the inspection company. The transaction has a final price stipulated in the agreement, agreed delivery date, as well as a financial compensation mechanism to be implemented in case of a delay. All these conditions are aimed to protect the investor and give a peace of mind.
The city of Odessa, aka the “Black Sea Pearl”, is a tourist destination on the rise. In 2019 alone, over 3.5 million tourists visited the city and their number grows by about half a million each year, which has led to a shortage of about 250,000 accommodation facilities. Many Israelis visit Odessa as well, especially since the city is located within only 2 hours and 15 minute flight from Ben Gurion Airport, and is known for its magnificent architecture, fine cuisine, vibrant nightlife and affordable prices. The apartments in the project will be rented to tourists by an Israeli management company for short periods of time via the Airbnb model. Furthermore, Odessa has a large shortage of offices due to the economic growth and the move of international high-tech companies to the city.
The prestigious “Odessa 2020” Project offers a wide range of services and public spaces provided to the tenants free of charge, as a benefit included in the rental fee. Business lounge, gym, spa, children’s club, restaurant, coffee shop, parking, supermarket, bank, and more.
The tenants will enjoy daily housekeeping, maintenance and room service, as well as concierge service and a gorgeous lobby open 24/7.
A 2-story spa spread over 2,000 square meters. The spa features thermal-mineral pools with the Dead Sea water from Israel, body treatments with salts and oils, skin peel treatments, as well as massage rooms that include mud and salt treatments.
The 26th floor features a transparent swimming pool that exceeds the building’s boundaries and looks like it’s floating on air.
Within walking distance, you will find:
“Odessa 2020 Arcadia” Project is a result of collaboration between two leaders in their fields: Green Park Entrepreneurship and Construction – an Israeli company with a decade of experience building a large number of projects in Israel and worldwide, while specializing in Eastern Europe region, and Mega Line – one of the leading Ukrainian construction companies with many years of successful projects, such as shopping centers, residential buildings, basketball courts, concert halls, and many other projects across Ukraine, which attest to the company’s capabilities and financial strength.
An Israeli management company led by Mr. David Maor takes care of both the maintenance and cleanliness of the buildings, apartments and public areas, as well as for renting the apartments to tourists for short periods of time in accordance with a smart model it has developed, which will ensure a stable income for all investors over time and allow saving valuable time dealing with property rental.
The trustee for investors’ funds – Fischer, Behar, Chen & Co. Law Firm – releases the funds in accordance with construction progress and subject to the approval of the inspection firm. This method guarantees financial stability until the construction is completed. In addition, the transaction has a final price stipulated in the agreement, agreed delivery date, as well as financial compensation mechanism to be implemented in case of a delay. All these conditions are aimed to protect the investor and give a peace of mind.
ROI of about 15% a year
Passive income of About NIS 3,500 a month
100% registration under private ownership in the land registry
Apartment value increase by about 30% upon key delivery
Management and rental by an Israeli entrepreneurial company
Israel Sales Office
Bar Kochva St 16, Bnei Brak, Noa Building, 1st Floor
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