The penthouse in the 1 Rothschild Street apartment building in Tel Aviv has been purchased by a foreign resident for $17 million. It was the most paid for an apartment in Israel. It breaks the record set by Shari Arison, who in 2006 bought a 3-story penthouse in “G Tower” on Ibn Gvirol Street, Tel [...]
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According to an article today at Globes online, apartment sales in Israel for 2007 were up 6.75% over 2006. Association of Builders & Contractors in Israel director general Yossi Gordon said that, despite stagnant sales in outlying areas, overall sales are up since 2003. read the complete article
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According to a recent article at jpost.com, Israelis with small children are moving into Tel Aviv from the suburbs in search of city services and culture. This is a unique phenomenon for large cities. According to the report: A Tel Aviv University academic said that what was happening in Tel Aviv was in direct contrast [...]
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36 Sq meter apartment in a new building is available in the next neighberhood to boom in the Tel Aviv real estate market. View of the beach, next to culture centers, the famous clock tower, and just a step off the beach. Perfect Vacation apartment, 1.5 rooms, Asking price is 750000 NIS or approx. $203,695 US as [...]
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Ir Yamim is a large area in the southwestern part of Netanya, being built with the sea as its focal point. When completed, it will have more than 4,000 dwellings. Proximity to the sea assures its success, according to real estate developers. Netanya is an extremely popular place for overseas residents. According to rough estimates, it [...]
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Another loft project in one of my favorite Tel Aviv neighborhoods, Florentine. Yoveali Florentine, features lofts in the 60 to 110 meter range and are priced from 800,000 to 1,600,000 shekels. At today’s exchange rates, that would be $210,800 to $421,600. For more information about these units or any property in Tel Aviv, contact Lyle [...]
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That’s according to Economic Models CEO, Ya’acov Sheinin, who spoke at the Herzliya Conference in Herzliya’s Daniel Hotel on Monday. According to Sheinin, “The main problem of tourism in Israel today is not the intifada or terrorism, but the lack of the development of Israel as a holiday or religious vacation destination”. Read the complete [...]
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There is a very good article at Jpost.com, dated January 17th by Peggy Cidor about all the changes in store for the Katamon neighborhood in Jerusalem, Katamon, once referred to as the “Harlem of Jerusalem” is experiencing revitilization. If you are interested in finding out more about real estate investment opportunities in the Katamon neighborhood [...]
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The view from this property is beyond words! Located in Arad, overlooking the Judean Hills, the Dead Sea and the Jordanian mountains it is in a world of its own. You don’t see neighbors, just nature. This charming house is ideal for a guest house and private residence. There are two floors and two separate [...]
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read this fascinating article at Haaretz about the cost of a home near the wall I can put you in touch with an Agent in Jerusalem who can help you if you are interested in owning a place in the Old City. Contact me at lyle@buypropertyinisrael.com
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