SHALOM FROM JERUSALEM
1- The Israeli skies are opening in November! Are you coming?
There are very good opportunities at this time.
Please let us know when you are arriving so that we can set up appointments accordingly for you, maximizing your time here.
2- In addition to our current website, www.eifermanrealty.com, we have many more listings for you to consider in Jerusalem.. We are available to help you with your real estate needs. Let us know what you are looking for.
Resale – which neighborhoods? Contact Us
New Projects – which neighborhoods? Contact Us
3- Regarding Housing Prices
Based upon the following reports in the news regarding prices of real estate in Israel, the best advice we can give you is buy now while prices are stable and owners are still flexible, and make aliya to save money on your purchase tax.
We know, with the difficulty in entering Israel, that many people don’t want to purchase without physically seeing the property. There is a lot of money involved, and not everyone is in a position to make aliya at this time.
We have worked successfully with clients who want to purchase and have not been able to come. Contact Us to discuss different options with you, including maintaining the value of your foreign currency in Israel’s real estate market.
1- The State Comptroller Matanyahu Englman published the audit report on national economics and infrastructure in October.
The significant increase in housing prices in the country from the beginning of 2008 to the end of 2020 …has created a crisis in the housing sector. One of the reasons for the rise in housing prices is the shortage of housing units.
2- The Jerusalem Post on October 19, 2021 published an article written by Zev Stub with the title “Home Prices Up 9.2% over the past year”.
Home prices in Israel rose another 1.2% during July August, bringing the price increase over the past 12 months to 9.2%, according to the Central Bureau of Statistics. Prices rose most sharply in Jerusalem (10.7%) and central Israel (10.5%).
The price of new homes rose 0.6% during July – August, and 11.8% over the past year.
The construction inputs index, which tracks changes in the cost of building materials and labor and affects prices of apartments under construction, rose 0.3% September and 4.5% over the past 12 months.
Economists are generally in agreement that housing prices will continue to rise in the coming years due to the high demand and lack of supply in the housing market.
3- Purchase Tax – As of Monday, November 1, the Knesset passed the 1st reading raising the purchase tax to 8% for second apartment and for foreigners from 6%.
Looking forward to see you all in Jerusalem again.
A Place To ‘Hang Your Hat”
If you are looking for a foothold in Jerusalem as a residential apartment or as an investment, we have new projects of 2 room apartments in desirable areas in Jerusalem. Asking prices range from NIS 1,380,000- 2,500,000
1- There is a shortage of apartments in Rechavia and the surrounding neighborhoods. There is a high demand and very short supply.
Now we have opportunities for you to purchase buildings with building rights that will give you the sqm you need with family/friends together.
2- OPPORTUNITY – In The Right Location #1866
A bright and sunny 2 bedroom, 76 sqm apartment in the heart of the Rechavia – Shaarei Chesed neighborhood, is close to all shuls in the area and shopping. Right where you want to be!
All the rooms have succah balconies. The apartment is on a low floor. The building has an elevator,
The apartment has amazing potential to make it into a comfortable home for you or for renting out.
Asking Price: NIS 3,225,000
3- Two Bedrooms on Ben Maimon #1883
Lovely renovated 3 room apartment. perfectly located. surrounded by greenery. comfortable kitchen. being sold with appliances and closets in the bedrooms.
A perfect apartment in the heart of Rechavia!
Asking Price: NIS 2,950,000
4- A Very Special House #1908
313+ sqm with an internal elevator:
A spacious home with lots of bedrooms, bathrooms, and plenty of public areas in the living and dining area, on the roof , and the basement with a pool, for the family and for entertaining guests.
Located in the heart of Rechavia, a short walk to the synagogues, the Old City and the hotels
Asking Price: $8,500,000.
Magnificent Apartment! #1913
This magnificently renovated 120 sqm arab style 4 room ( + a wine room) apartment with high ceilings has a private entrance. Perfect location near the hotels, Mamila and the Old City.
Asking Price: NIS 5,900,000 flexible
MACHANE YEHUDA AREA
In a luxury residential building that is centrally located near the light rail and shopping are 3 apartments for sale.
The building has a swimming pool, indoor gym, spa, a synagogue and a shabbat elevator. There is a concierge service and a 24 hour surveillance system.
1- A charming 3.5 room 84 sqm apartment with high ceilings The apartment has private parking.
Asking price: NIS 2,750,000
2- A beautiful 85 sqm 3.5 room apartment with a balcony and an open view is currently rented at NIS 7500 per month.
Asking Price NIS 3.490.000
3- A large 4 room 156 sqm apartment with 3 full bathrooms, including a master bedroom with an en suite bathroom. Bright and sunny with 4 air exposures with a great open view! There is a 13 sqm balcony. The apartment has parking and a storage area.
Asking price: NIS 6,000,000
Prime Location #1909
A brand new 4.5 rooms, 140 sqm duplex apartment is bright and sunny with 2 large succah balconies and a great open view.
The building has a shabbat elevator and private underground parking.
Near Emek Refaim, shopping malls, transportation and the longest bike and walking path. In addition, it is a 25 minute walk to the Old City.
Asking price: NIS 4,300,000
Special 6 Room Garden Duplex #1940
Brand new 140 sqm duplex apartment with a 70 sqm garden, well designed with comfort a major consideration. The apartment has 2 parking places and a storage room.
Asking price: NIS,4,600,000
A – No Steps! #1878
In Shlav Aleph, this spacious 3 bedroom apartment has direct access from the street level. In addition to a large machsan, there is a building permit to enlarge their succah balcony facing the view.
Close to shopping and transportation, this is a very comfortable and convenient apartment.
Asking Price: NIS 2,230,000
B – Perfectly Designed Penthouse #1882
In Shlav Aleph. Well thought out, 130 sqm designed and beautifully renovated for a family with maximum use of the space.
The large penthouse terrace, facing an open view, is perfect for children and entertaining family and friends.
Asking Price: NIS 4,250,000
C – A Unique Home #1884
In Shlav Bet.
A very unique designed 220 sqm apartment with 2 complete separate kitchens for meat and dairy. Planned to accommodate a large family with visiting marrieds. The spacious succah balcony can seat 30 people.
A truly unique home!
Asking Price: NIS 4,700,000
Villa for a Family #1774
Perfectly designed 250+ sqm 8 room villa by the owner for his large family with indoor and outdoor space. The house has 4 levels.
The very large succah patio off the kitchen is perfect for hosting a large crowd.
Asking Price: $2,230,000