How much is a penthouse sold in a 50-year-old building in Jerusalem?

by time news

“On Elroy Street in the old Katamon neighborhood, a penthouse was sold on one level, 300 sq.m., 5.5 rooms, on the 12th floor with an elevator, for NIS 9.4 million. The penthouse is housed in a 50-year-old building, on the 12th floor, with an elevator and panoramic views of the entire city.” The location is in one of the main neighborhoods and is coveted by both Israelis and non-residents, “says Nurit Vardi, eXp Israel realtor.” Due to the high demand for properties in the area and the low supply, the apartment was sold at a higher price than the market price. The apartment was purchased by a couple of new immigrants from the United States who are planning to immigrate to Israel this summer and live in the property. “

The penthouse on Elroy Street in the old Katamon neighborhood, Jerusalem / Photo: Michael Ehrenburg

Kiryat Ata: 2.5-room apartment, after renovation, for less than half a million shekels

On Yoseftal Boulevard in Kiryat Ata, a 2.5-room, 57-square-meter apartment on the 2nd of 3 floors, without parking and an elevator, was sold for NIS 460,000. In other words, the yield on the apartment will be 5.2%, “says Ron Bornstein, Mary / Max Family real estate consultant in the Krayot. “In the future, evacuation processes are expected in the area, construction or upgrading of the structure, which may yield investors additional profit as a result of its improvement.” Bornstein notes that “the sellers are a young couple with a child who wanted to move on to a larger apartment.” According to data from the Madeleine website, 1,137 apartments were sold in Kiryat Ata in the past year, and the average price per square meter is NIS 11,600. For comparison, the average price per square meter in the city of Haifa is NIS 14,300.

The apartment on Yoseftal Boulevard in Kiryat Ata / Photo: Ron Bornstein

The apartment on Yoseftal Boulevard in Kiryat Ata / Photo: Ron Bornstein

Sold

Ramat Gan

On Arnia Street, 4-room apartment, 88 sq.m., on the 3rd of 3 floors, without parking and without elevator, At NIS 2.16 million.

On Uziel Street, 3-room apartment, 85 sqm, on the 2nd floor of 2, without parking and without elevator, At NIS 1.95 million. (Anglo Saxon)

Jerusalem

On Cyrus Street, 3.5 room apartment, 70 sqm and another 12 sqm balcony, on the 3rd floor out of 7, no parking and no elevator At NIS 1.93 million.

On Mevo Hakoret Street in Mevaseret Zion, 7-room cottage 149 sqm, 120 sqm balcony and garden, with storage, At NIS 3.575 million (Anglo Saxon)

intelligence

On Hebrew Tablet Street in the Karmim neighborhood, 5-room apartment, 115 sq.m., 17 sq.m. balcony, on the 2nd of 3 floors, with parking and elevator, At NIS 2.56 million.

On Yerach Av Street in the Karmim neighborhood, 4-room apartment, 88 sq.m., 24 sq.m. balcony, on the 17th of 21st floor, with parking and elevator, At NIS 2.46 million.

On Salit Street in the Tziporim neighborhood, 5-room penthouse, 120 sq.m., 100 sq.m. balcony, on the 3rd of 3 floors, with parking and elevator, At NIS 3.46 million. (RE / MAX UNIQUE)

Earth

On Afek Street, 2-room apartment 50 sqm, on the 1st floor of 4, with shared parking and no elevator, At NIS 435,000.

On Hadas Street, A 5-room semi-detached house, 167 sq.m. built on a 330 sq.m. plot, At NIS 1.43 million. (Anglo Saxon)

Beer Sheva

On Uzi Narkis Street in the Ramot neighborhood, 5-room garden apartment, 140 sq.m., 80 sq.m. garden, on the ground floor out of 5, including parking and an elevator, for NIS 1.69 million.

On Jerusalem Boulevard in the 9th neighborhood, 4-room apartment, 117 sq.m., and another 10 sq.m. balcony, on the 10th floor out of 22, At NIS 1.1 million.

On Gush Etzion Street in Neighborhood C, 4-room garden apartment, 120 sqm, and another garden 100 sqm, on the ground floor out of 2, At NIS 1.14 million.

On Rotenberg Street in Neighborhood C, 3-room apartment, 65 sq.m., on the 2nd floor of 3, At NIS 650,000. (RE / MAX Plus)

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