Title: Ramat Hasharon Lot Sold for NIS 7.87 Million to Make Way for New House
Date: [Insert Date]
In a recent real estate transaction, a 400-square-meter lot located on Hatirosh Street in Ramat Hasharon was sold for a staggering price of NIS 7.87 million. The deal, brokered by realtor Miri Oron Zaig from the Real Capital Agency, attracted significant attention due to the buyer’s plans to demolish the existing old house and construct a new one.
According to Oron Zaig, the buyers were specifically looking for a spacious and secluded area to build their new home. They aimed to prioritize a large yard space while keeping the size of the house itself relatively modest. The entire process, from the initial negotiations to the closing of the deal, took a swift two months.
Interestingly, the marketing price of the lot was almost identical to the final closing price, indicating a smooth and transparent transaction.
Bronx Neighborhood in New York Becomes Hot Real Estate Market
In other real estate news, a neighborhood in the Bronx, New York, has emerged as a bustling hot market. Developers initially relied on a government commitment to drive the market’s growth. However, the municipality reneged on its promises, resulting in the intervention of the court to resolve the matter.
Record Sale Price Achieved for Apartment in Ramla
Despite the challenging market conditions, a 4-room apartment spanning 100 square meters was sold for an impressive NIS 1.97 million in Ramla. Located at 9 Ehud Manor St. in Kiryat HaOmen, the apartment features two balconies, parking, and is currently rented out for NIS 5,000 per month.
Oshri Hagai, from the Hagai Group responsible for brokering the deal, attributes the record-breaking price to the recent surge in buyers’ interest after a period of stagnation. The previous year saw a similar apartment on the fourth floor of the same building sell for NIS 2.55 million.
Real Estate Sales in Tel Aviv, Jerusalem, Afula, and Tirat Carmel
Numerous properties were also sold across various cities in Israel. In Tel Aviv, a 2-room apartment with 55 square meters, a 3-room apartment with 61 square meters, a 3-room apartment with 69 square meters, and a 3-room apartment with 56 square meters were sold for varying prices.
Jerusalem witnessed the sale of a 4-room apartment with 82 square meters, a 4-room apartment with 50 square meters, a 2-room apartment with 42 square meters, and a 3-room apartment with 59 square meters.
Afula saw the sale of a 3-room apartment with 49 square meters, a 3-room apartment with 62 square meters, a 5-room apartment with 144 square meters, and a 6-room apartment with 149 square meters.
Lastly, Tirat Carmel had transactions for a 3-room apartment with 43 square meters, a 4-room apartment with 100 square meters, and a 5-room apartment with 118 square meters.
These sales indicate the continued activity in the Israeli real estate market, with buyers showing interest in a variety of locations and property types.
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