Jerusalem information Israel’s costliest housing offers
This 12 months, as a substitute of summing up the 12 months within the luxurious housing market, “Globes” lists the most costly offers in Israel’s 10 largest cities. Within the comparability between the cities, Jerusalem stunned this 12 months, by recording the most important offers in Israel, whereas Tel Aviv was in second place, by a big margin. Nonetheless, since offers and particularly luxurious transactions, are reported late to the Israel Tax Authority, the image might but change.
Jerusalem: Two properties bought for greater than NIS 60 million
In Jerusalem in 2024 there have been 17 offers by which houses have been bought for NIS 15 million or extra. The most important deal in Israel’s ten largest cities was at 1 Dubnov Road within the Villa Sherover advanced the place an eight-room, 437 sq. meter residence with a 234 sq. meter roof space was bought for NIS 62 million.
Near the Jerusalem Theater, the Van Leer Institute and the President’s Residence in Talbieh, the consumers are international residents. The residence was designed by Jerusalem’s Yoma Architects. Villa Sherover was in-built 1954 and the brand new venture consists of two six flooring buildings joined collectively. Yoma says that the design serves a double objective: “Full preservation of the historic Villa Sherover and development of recent buildings that respect the architectural ideas of the villa whereas creating distinctive high quality within the essential city area that surrounds it.”
Additionally in Jerusalem, an residence in a brand new venture at 1 Basel Road was bought for NIS 60 million. Many of the costly offers within the metropolis had been for between NIS 20 million and NIS 29 million.
Tel Aviv: 309 sq. meters on the thirty first flooring for NIS 42 million
In Tel Aviv greater than 50 offers had been recorded in 2024 of greater than NIS 15 million. The most important housing deal within the metropolis was for a home in Afeka, which was bought for NIS 49 million. In accordance with the Tax Authority the 676 sq. meter home, which was in-built 2011 and has parking for 2 vehicles, is at 10 Yoav Road.
Three different offers for greater than NIS 40 million had been signed in Rothschild 10 tower, a venture being constructed by Tidhar and anticipated to be occupied subsequent 12 months. The costliest of them is a 5-room 309 sq. meter residence, on the thirty first flooring, which was bought in August for NIS 47 million. Two different related flats had been bought for NIS 45 and NIS 42 million. The primary ten flooring of the constructing will home a 140-room lodge with, and the flooring above will comprise 50 residential flats. The constructing is situated between Rothschild, Herzl and Lilienblum Road, and the advanced additionally consists of 5 buildings for conservation.
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Haifa: Common worth of NIS 4 million in unique neighborhood
In Haifa, housing costs have risen by 11% in only one quarter of 2024 however the costly phase of the market within the metropolis could be very restricted. There was only one deal in Haifa over NIS 10 million – the sale of a home at 7 Hof Hashinhav Road in Denya. The seven room, 360 sq. meter home was bought for NIS 10 million. The home has parking for 2 vehicles. In accordance with Madlan information the common worth of a house in Denya is NIS 4 million and there have been solely eight offers within the neighborhood in 2024.
Rishon Lezion: A home in Nahlat Yehuda bought for NIS 12.5 million
In Rishon Lezion there have been solely two housing offers for greater than NIS 8 million in 2024. In one of many offers a 400 sq. meter, five-room semi-detached home with parking for 2 vehicles in Ortal Road was bought for NIS 8.1 million. There was a fair larger deal within the Nahlat Yehuda neighborhood on Avraham Zvi Huberman Road the place the Tax Authority reviews a home was bought for NIS 12.5 million. No extra particulars had been supplied.
Petah Tikva: A home in Kfar Ganim bought for NIS 12 million
One of the crucial stunning costly housing offers in 2024 was in Petah Tikva at 8 Partizanim Road in Kfar Ganim Aleph the place a 428 sq. meter, 11-room home with a 576 sq. meter yard and two parking areas was bought for NIS 12.392 million. This was the most costly deal within the metropolis over the previous 5 years though in keeping with Madlan the deal displays a worth of NIS 29,000 per sq. meter, solely barely above the common of NIS 27,000 per sq. meter within the metropolis.
Netanya: NIS 37 million paid for penthouse in Briga Towers
In Netanya, there have been eight offers value greater than NIS 10 million in 2024 together with an residence in Briga Towers at 5 Ehud Manor Road in Ir Yamim, which was bought for NIS 37 million. The 497 sq. meter, five-room penthouse residence is on the thirty third flooring close to the seafront. In November 2023, one other penthouse within the venture was bought for NIS 36.6 million.
Ashdod: A five-room, twenty ninth flooring residence close to the ocean bought for NIS 8 million
At 1 Egoz Road a 236 sq. meter, five-room, fifth flooring new residence with a 133 sq. meter roof space was bought for NIS 9 million. The second costliest residence bought in Ashdod was at 5 Hadekel Road close to the ocean. On this deal a 455 sq. meter, five-room residence on the twenty ninth and high flooring was bought for NIS 8 million.
Bnai Brak: A high flooring 160 sq. meter residence was bought for NIS 5 million
Over the previous three years no significantly costly offers have been reported in Bnai Brak. The costliest deal within the metropolis was at 10 Admor Meradzamin Road the place a 5 room, 160 sq. meter, sixth flooring residence with parking was bought for NIS 5 million. Two different offers at related costs had been reported in Bnai Brak in 2024.
Beersheva: A home in Ramot Daled for over NIS 5 million
The one deal in Beersheva for greater than NIS 5 million in 2024 was the acquisition of a home at 3 Hatmuna Road in Ramot Daled. The six-room, 327 sq. meter home on a 750 sq. meter lot was bought for NIS 5.3 million. The home is a 15 minute stroll from the College railway station.
Holon: An residence in a TAMA venture for NIS 8 million
In Holon in 2024 there have been 11 offers for greater than NIS 5 million. The costliest deal was the sale of a 168 sq. meter, six-room, ninth flooring residence at 17 Uri Almog Road within the 370/heh neighborhood for NIS 7.5 million.
In one other deal, an outdated home slated for demolition on a 2,000 sq. meter lot was bought for NIS 8 million.
Printed by Globes, Israel enterprise information – en.globes.co.il – on December 29, 2024
© Copyright of Globes Writer Itonut (1983) Ltd., 2024
