On Six Days Street in Neve Eliezer (part ofKfar Shalem neighborhood), a 3-room apartment with an area of 52 sq.m., on the 3rd floor of 4, without an elevator and without parking, was sold for NIS 2.05 million (NIS 39,423 per sq.m.).
“The apartment is in good condition,” says Roman Yairov, who sold the property. “It has undergone a thorough renovation, but the entire building is intended for urban renewal and is in the signing stages for TMA 38/2 (demolition and construction).”
The apartment inside / Photo: Roman Yairov
The Kfar Shalem neighborhood is located in south Tel Aviv and for years has known of housing crises and disputes with the authorities over allegations of illegal construction. Omar Levy, an agent of RE MAX Ocean Tel Aviv, who brokered the deal, says that Kfar Shalem has undergone a change for the better in recent years. “There are many urban renewal projects in the area. Commercial centers have been built in the neighborhood and Ariel Sharon Park and Park Darom are nearby. In general, the municipality is investing in infrastructure in the neighborhood.”
How long has the apartment been on the market?
“The apartment went on sale on Friday, and on Sunday two days later, 15-20 interested people came. Some came accompanied by realtors,” says Levy. “There was a bidding process between several potential buyers and at the end of the deal it closed at NIS 50,000 more than the marketing price. We had important payment terms and flexibility in terms of eviction date, and the buyer agreed to eviction within four months. The buyer saw the future potential of “.
The apartment on Sheshet Hayamim Street in Neve Eliezer in Tel Aviv / Photo: Roman Yairov
Levy adds that a similar apartment was sold a year and a half ago for NIS 1.5 million, noting that in the past year the average shelf for apartments in the neighborhood has been between a month and a month and a half.
What are the rents in the neighborhood? Yairov, the seller, bought the apartment more than 20 years ago, and then paid about $ 100,000 – about NIS 400,000 in the values of that time. He says he lived there until seven years ago and since then he has been renting for NIS 3,900 a month. Levy adds that the rent for a similar apartment today is between NIS 4,500 and NIS 4,700. According to the Madeleine website, 103 apartments have been sold in Kfar Shalem in the past year, at an average price of NIS 25,800 per square meter.
Represented the sellers and buyers in the transaction, Omer Levy and Kobi Zangi Mary / Max Ocean Tel Aviv.
Haifa: How much was a 3.5-room apartment in the Tel Amal neighborhood sold for?
On Yad Labanim Street in the Tel Amal neighborhood, a 3.5-room, 86-square-meter apartment without a balcony on the 13th of 15 floors, with parking and a warehouse, was sold for NIS 1.18 million.
“The apartment looks as it was provided by the contractor. At the time, it was only renovated for a shower and toilet that is suitable for living and does not require repairs,” says Haya Nisnov of Nisnov Real Estate, who brokered the deal.
The Tel Amal neighborhood is located in the center of Haifa, between the neighborhoods of Neve Sha’anan, Neve Yosef and Ramat Vizhnitz. “The buildings are about 20 years old and are the tallest on the street, and they are the only buildings on the street that have a warehouse and parking in the registry office. .
How long was the apartment on the shelf?
“The apartment was on the shelf for a total of three weeks, it had five potential interested parties, three of whom submitted bids and were priced. The customer who bought the apartment came last and submitted the offer according to the seller’s lower limit.”
The apartment on Yad Labanim Street, in the Tel Amal neighborhood of Haifa / Photo: Haya Nisnov
Nisnov says that a year ago, a similar apartment was sold for NIS 150,000 less. “The average price in the neighborhood today is NIS 650,000-800,000 for apartments in the old buildings, and until a year ago properties could be found in the neighborhood for NIS 550,000-620,000, but because prices in Neve Sha’anan – the nearest quality neighborhood – have risen, so buyers are compromising and looking for apartments in fewer neighborhoods. “Quality – something that increased demand and that led to an increase in prices. About two years ago, I sold a similar property in the same building, on the 4th floor, for NIS 850,000.”
What about the rent?
“The average rent is NIS 3,500 per month in this building. In the rest of the neighborhood, the rent ranges from NIS 2,500 to NIS 2,700. In the past year, there has been an increase of NIS 250-300.” Nisnov represented the buyers and sellers in the transaction.
Sold
Beer Sheva
On the street, a fact is being made in the new V. neighborhood4-room apartment, 94 sqm, on the 5th floor of 7, including parking, At NIS 740,000.
On Leah Emnu Street in the Nahal Eshan neighborhood4-room apartment, 132 sq.m., 40 sq.m. balcony, on the 1st of 3 floors, including parking, At NIS 1.15 million.
On Golomb Street in Neighborhood C5-room apartment, 140 sqm, on the 2nd of 3 floors, including parking, At NIS 1.23 million.
In Sderot Yaelim in the H neighborhood4-room apartment, 90 sqm, 6th of 8th floor in a building with elevator, including parking, At NIS 850,000.
On Safed Square in the T. neighborhood3-room apartment, 76 sq.m., 6th of 8th floor in a building with elevator, no parking, At NIS 930,000 (RE / MAX Plus)
earing
On Olive Street4-room apartment, 95 sq.m., balcony 60 sq.m., on the ground floor of 8, At NIS 1.75 million.
On Geffen Street4-room apartment, 104 sq.m., 14 sq.m. balcony, on the 1st floor out of 5 in a building with elevator, including parking, At NIS 1.49 million.
On Etrog Street4-room apartment, 98 sq.m., 12 sq.m. balcony, on the 4th of 6th floor in a building with an elevator, including parking, At NIS 1.42 million.
On Savyon Street4-room apartment, 100 sq.m., 12 sq.m. balcony, on the 2nd of 6 floors in a building with an elevator, including parking, At NIS 1.4 million.
On Narcissus Street5-room apartment, 114 sq.m., 13 sq.m. balcony, on the 3rd of 6 floors in a building with an elevator, including parking, At NIS 1.66 million.
On Alon Street4-room apartment, 100 sq.m., 12 sq.m. balcony, on the 4th of 6th floor in a building with elevator, including parking, At NIS 1.45 million. (RE / MAX New City)
Ramat Gan
On Jabotinsky Street5-room apartment, 110 sq.m., 1st of 8th floor in a building with elevator, including parking, At NIS 2.5 million. (Anglo Saxon).
Were rented
Streets
On Jabotinsky Street4-room apartment, 110 sq.m., 1st of 3 floors, no parking, no elevator, At NIS 4,000 a month.
On Tzipora Street is good3-room apartment, 70 sqm, floor 15 of 18, including parking At NIS 4,800 per month.