On Abarbanel Street in the Rehavia neighborhood, a 3-room apartment was sold, about 70 sq.m., 2nd of 2 floors, with two 5 and 7 sq.m. balconies, without parking for NIS 2.95 million. “Rehavia was the beating heart of the academy in Jerusalem and today it is populated mainly by foreign residents who purchase apartments for both residence and investment,” explains Daniel Buzaglo from the Zimuki real estate agency. “The building is a classic Jerusalem stone building and has only 3 floors, around it there are lots of mature trees and gardens for the benefit of all the buildings.”
The apartment on Abarbanel Street in the Rehavia neighborhood, Jerusalem / Photo: Daniel Buzaglo
Buzaglo adds that, “a similar apartment was sold last year for around NIS 2.65 million, so the deal reflects the rise in prices.” He further notes that the sellers initially presented a price tag of NIS 3.1 million, and at the end of the transaction closed at NIS 2.95 million. Yasser Waked
Tiberias: 4-room apartment not renovated with a 4.5% annual return
On Judges Street in Tiberias, a 4-room apartment with an area of 110 square meters was sold, on the entrance floor, without parking, for NIS 665,000. “The apartment is not renovated, in a reasonable condition, in a 40-year-old building,” says Reuven Shapira Around the Sea of Galilee, which will mediate the deal. “Judges Street in the city center is in great demand. A similar renovated apartment is being sold for about NIS 800,000. “
The apartment on Judges Street in Tiberias / Photo: Reuven Shapira
There is also new construction in the neighborhood, and Shapira notes that “a new 4-room apartment in a new building is being sold today for NIS 1.1 million.” According to him, “there is a demand in Tiberias, and most of them are purchased outside the city. An apartment with a view of the Sea of Galilee is worth 20% – 30% more than a similar apartment without a view.”
Shapira adds that the apartment is rented at NIS 2,600 per month, which reflects the average return in the city, which reaches 4.5%. According to him, the sellers are heirs who rented the property. The buyers are investors
Sold
Jerusalem
On Leshem Street in Mevaseret Zion5-room cottage, 174 sqm + 50 sqm enclosed balconies, 170 sqm garden, 40 sqm basement with covered parking for two vehicles, At NIS 4.05 million.
On Liechtenstein Street in Har Homa5 room apartment 107 sqm + 12 sqm balcony, on the 3rd of 4 floors, with parking, elevator and 6 sqm balcony, At NIS 2.03 million. (Anglo Saxon)
Tel Aviv
On Nachmani Street3-room penthouse, 84 sqm + 39 sqm balcony, on the 5th floor out of 5, with parking and elevator, At NIS 6 million.
On Herzl Rosenblum Street2-room apartment, 58 sqm, on the 1st floor of 13, with parking and elevator At NIS 2.41 million. (Anglo Saxon)
On Lehi Street in the Hatikva neighborhood4.5 room apartment, 97 sqm, 12 sqm balcony, on the 3rd of 10th floor, with parking and elevator, At NIS 2.32 million. (RE / MAX Ocean)
Be’er Ya’akov
On the street where there are Tzameret neighborhoods4-room apartment, 102 sqm, on the 3rd floor of 11, with parking and elevator At NIS 2.27 million.
On Sheldag Street in the Liechtenstein neighborhood4-room garden apartment, 100 sqm + 120 sqm garden, on the 1st floor of 2, At NIS 2.81 million.
On Shoham Street6-room apartment 110 sqm + 23 sqm balcony, on the 4th floor of 17, with parking and elevator, At NIS 2.2 million. (Anglo Saxon)
Hadera
On Wilensky Street4-room duplex, 100 sqm, on the 3rd of 5 floors, with parking, At NIS 1.25 million.
On Lachish Street4-room apartment, 145 sqm, on the 7th of 12th floor, with parking and elevator, At NIS 1.94 million.
On Nahal Brigade Street5-room apartment, 124 sq.m., 4th of 8th floor, with parking and elevator, At NIS 1.71 million.
On Herzl Street4-room apartment, 90 sq.m., 3rd of 5 floors, with parking and elevator, At NIS 1.3 million. (RE / MAX professionals)
onyx
On Mitzpe Street4-room apartment, 105 sq.m., 24 sq.m. balcony, on the 1st of 7th floor, with parking and elevator, At NIS 3.2 million.
On Emek Ayalon Street4-room garden apartment, 100 sq.m., garden 100 sq.m., on the ground floor out of 4, with parking, At NIS 3.25 million. RE / MAX Premium