SHALOM FROM JERUSALEM
ADAR 5781
FEBRUARY 2021
NEWSLETTER #147 – PURIM SAMEACH
NEWS
NEW PROJECTS – Residential and Investment Opportunities
NEW LISTINGS
RENTALS
NEWS
COVID-19
Clients mentioned they are dealing with financial uncertainty. Purchasing a property that has extended payments and excellent payment schedules might work for you. We checked with the different new projects. There are some that have a payment schedule of 20% at contract and 80% when you get the key and others where the payment schedule is tied to the stages of building. Let us know if this can work for you.
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GOOD NEWS: Our new website is moving along with many wonderful user friendly options for property searches. Coming soon!
For previous newsletters: Newsletter
For Newsletter #143 , #144, #145 and #146
NEW PROJECTS – Residential and Investment Opportunities
The following projects are a small selection of the many new projects in Jerusalem. Please Contact Us with the neighborhoods you are interested in. We will contact you as to the projects available.
KIRYAT SHMUEL
Upscale Project
1- A 4 room 90 sqm apartment, spacious living area, 3 air exposures facing a panoramic view. Asking price: NIS 2,950,000
2- 4 room 90 sqm apartment, 3.8 ceiling height 2 air exposures. 6 sqm succah balcony facing a panoramic view
3- 5 room, 135 sqm penthouse with a 127 sqm terrace facing a panoramic view. 4 air exposures. There is an option for a pool on the terrace.
The penthouse has a storage room and private parking
Asking Price: NIS 5,750,000
4- Exceptional 180 sqm apartment with a 60 sqm spacious living and dining area and a ceiling height of 3.8 meters is palatial. The 4 bedrooms are very large, each 18 sqm. 4 air exposures and the magnificent panoramic view from the succah balcony adds to the uniqueness of this property. This home has a storage room and private parking.
Asking Price: NIS 6,490,000
5- A 7 room 225 sqm Penthouse with a 227 sqm terrace facing a panoramic view. 4 air exposures. There is an option for a pool on the terrace.
The penthouse has a storage room and private parking
Asking Price: NIS 8,950,000
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BAKA PROJECT
This project is located between the neighborhoods of Baka and the German colony and is being built on one of the most popular green areas of Jerusalem -the promenade of the railway track that was built along the historic tracks of Jerusalem.
The project is comprised of a limited number of luxury duplex apartments of 140 sqm and 160 sqm. Indeed, these apartments have sold fast, and there are only 5 left.
This project should be ready in 6 months and is of outstanding value for your money, as properties along the train line, should be sold for at least 45,000 NIS per meter, and in this project, these last few apartments are being sold at 30,000 NIS per meter.
The 140 sqm apartment is being sold for 4,200,000 NIS and the 160 sqm for 4,800,000 NIS.
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RAMAT ESHKOL PROJECTS
There are many new projects in the Ramat Eshkol area ranging in area from Sanhedria Murchevet to Maalot Dafna. The area is very popular with chareidi young families as the Mir and other yeshivot are a close walk away.
These are Tama 38 projects, where 3 floors (floors 5-7) are added to an existing building. The building are totally upgraded and refaced. The prices are very reasonable compared to the City Center and Rechavia areas.
The size apartments range from a 40 sqm 2 room apartment to 140+ sqm penthouses.
Prices ranging from about NIS 1,500,000 – NIS 4,800,000+
If you are interested in this area, please send us details as to the number of bedrooms you need and your budget. We will let you know what is available.
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RECHAVIA / SHAAREI CHESED
1- An opportunity to purchase a building (with family /friends) on an exclusive quiet street.
The current building is 220 sqm on 3 levels. The building will be demolished.
The current request for a building permit is to build a 5 storey building of 3 apartments plus a basement level with storage rooms and parking, an entrance lobby, staircases, balconies and rooftop.
Total 809 sqm.
Expected time for receipt of the building permit is 6-8 months.
The plans have been approved by the committee in the Jerusalem Municipality.
Expected completion is 2-3 years from the time of receipt of the building permit.
The price for the whole building as is – NIS 24,500,000
This price does not include the cost of the building permit or the cost of construction.
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2- An exclusive new boutique project whose architectural design and finishes are foremost in quality is located close to the Great Synagogue and a short walk to the Old City. The building design reflects the atmosphere of the neighborhood.
The apartments design is explicitly tailored to the world-class standards for the international clientele. From expansive rooms to full-size closets to the upmost-quality finishes of each apartment, Each exquisite apartment is custom-made to order.
There are 3- 4 and 5 room apartments available at this time, including garden and penthouses. The apartments are spacious in size.
The 3 rooms apartments are from 85 sqm – 121 sqm.
The 4 room apartments are 145 sqm.
The 5 room apartments are 282 sqm
Many of the apartments are duplexes.
Each apartment has a succah balcony.
There are 2 parking places for each apartment
Occupancy is in May 2022
The prices range from NIS 5,100,000 – 25,500,000
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Close to Rechavia #1870
Only 6 floors to this new project and only 3 apartments on a floor.
The 4 room apartments are 100- 105 sqm.
Perfect location, close to Rechavia and Old Katamon.
Parking for each apartment.
Occupancy in 2023
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TALBIEH
In a prime location in the Talbieh neighborhood on private land, this exclusive project with a stunning architectural design is being built to the highest technical specifications with regard to the construction quality and choice of materials.
The apartments range from 101 – 220 sqm. Each apartment has a succah balcony. The area of the balconies/outdoor space range between 29 sqm – 400 sqm depending on the apartment.
The one 437 sqm penthouse has a private roof and private swimming pool. The total outdoor area is 408 sqm (balconies and rooftop).
The building will have a luxury lobby with a 24/7 doorman.
Occupancy within 3.5 years
As of today, there are 10 apartments left for sale
The project has all the building permits and construction has begun.
The prices range from NIS 65,000 – NIS 70,000 per sqm.
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GERMAN COLONY
A unique new luxury project located on a quiet pastoral street close to Emek Refaim. The building permit has been approved. The project is being sold as a group purchase which reduces the cost per sqm considerably. The estimated completion date is in 2023.
There are 9 apartments for sale ranging 58 sqm to 84 sqm on the 1st (not the ground floor) and 2nd floors. There is a possibility of combining 2 of the apartments.
Each apartment has private parking as well as a spacious private storage unit.
Every apartment has a private security room + a private garden or succah balcony. The building will have a Shabbat elevator.
The cost includes a professional project manager and a construction supervisor.
The range of the total cost of the apartments is NIS 3,000,000 – 4,150,000
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OLD KATAMON
Construction has begun on this new project, on a quiet street, a short walking distance to Talbieh, Kiryat Shmuel and the German Colony. The building has a shabbat elevator and private parking for each apartment. The following 5 apartments are still available.
A- 4 rooms 92-95 sqm with a succah balcony,
Prices: Range NIS 3,550,000 – NIS 3,850,000 Only 3 available!
B- Mini penthouse – 3 rooms, 66 sqm with a 30 sqm roof terrace.
Price: NIS 2,980,000
C- Garden apartment – 4 rooms, 90 sqm with a 18 sqm private garden.
Price: NIS 3,890,000
Occupancy: April 2022
Plans upon request
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OLD KATAMON
Exclusive and Unique #1602
This flagship project is situated in a perfect ideal location in the heart of Jerusalem’s vibrant popular neighborhood. This unique boutique project has14 apartments that are both spacious and charming.
The residential units have been planned in a variety of sizes, 3-5 rooms, to suit the needs of different families. Each unit enjoys a comfortable, attractive terrace.
There are two levels of underground parking and three levels of storage rooms.
All apartments will include a storage room and a parking spot.
Occupancy: 1 year.
Remaining apartments:
2 Bedrooms, 82 sqm, balcony 7.3 sqm, Asking price NIS 3,350,000
2 Bedrooms, 87 sqm, balcony 13.2 sqm, Asking price NIS 3,700,000
3 Bedrooms, 80 sqm + 29 sqm basement + 91 sqm garden, Asking price NIS 4,700,000
5 Bedrooms, 128 sqm + 26 sqm basement + 80 sqm garden, Asking price NIS 6,300,000
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NEW LISTINGS
OLD KATAMON
Unique Duplex #1854
A 135 sqm duplex with a private external elevator that opens on to the succah balcony. The kitchen, living and dining area plus 2 bedrooms and a bathroom are on this level.
The upper level has 3 bedrooms and a bathroom. There is an additional entrance from the staircase to this upper level.
Centrally located in Old Katamon with a lot of potential!
Asking Price: NIS 4,850,000
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RECHAVIA – SHAAREI CHESED
In The Right Location #1866
A 2 bedroom 76 sqm apartment in the heart of the Rechavia – Shaarei Chesed neighborhood, close to all shuls in the area and shopping.
All the rooms have a balcony including a succah balcony. The apartment is on the second floor. The building has an elevator,
The apartment has amazing endless potential to make it your own home.
Asking Price: NIS 3,500,000
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Exceptional Home #1862
Well designed 430 sqm private home for a family with all conveniences considered and implemented.
The kosher kitchen is fully equipped on both the dairy and meat side. In addition, there is a separate Passover kitchen.
The living and dining area extends out to a large comfortable succah balcony. There is additional outdoor area on the entrance level off the den.
The elevator goes to all 4 levels.
The property can be sold with all the furniture.
There is an area that can be used for private parking.
Asking Price: $4,500,000
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On Ben Maimon Street, a lovely charming 100 sqm 2 bedroom garden apartment on a high end renovation with an open modern designed kitchen.
Asking Price: NIS 4,500,000
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Penthouse in Rechavia #1452
A spacious 170 sqm apartment ( the entire 1st floor in a small building!) with a private entrance! Large LR DR, spacious kitchen, central A/C, alarm system, There are 4 air exposures, large Succah terrace.
Asking Price: $2,400,000
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TALBIEH
In a beautiful small boutique building on private land in a prime location!
The property is a unique well designed 160 sqm apartment with a kosher kitchen, 4 bedrooms and 3.5 bathrooms. The spacious living and dining area opens out to 2 succah balconies.
With 4 air exposures, the apartment is bright, sunny and airy.
The apartment has a storage room and private parking.
The apartment is in good condition, you can customize to your taste.
Asking Price $2,790,000
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GREEK COLONY
Beautiful new duplex garden apartment in an authentic Arab style house.
208 sqm + 200 sqm garden, 6 rooms, spacious kitchen dining room and living room with an exit to 140 sqm garden. Large master bedroom attached to an office and exit to a private 60 sqm garden. 3 spacious and well-designed bathrooms. Built in closets and many storage spaces throughout the apartment. Laundry room.
Direct access from the apartment to two covered parking spaces, High ceilings. Built to a high standard. Three private entrances!
A real 10+
Asking Price: $3,300,000
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RENTALS
BAKA
Brand New High-End Rental #1848
Bustan Baka Brand new building, ground floor, fully accessible, 3 bedrooms, 2.5 bathrooms, 90 sqm balcony.
Brand new high-end design, large kitchen with 2 separate sinks, smart A/C.
Storage room. Private underground parking.
Currently at last finishes. Pictures upon request.
Price NIS 9,200
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OLD KATAMON
A – Lovely 2 Bedroom Rental #1820
In central Old Katamon, a lovely 2 bedroom corner apartment, 3 full directions, quiet, 2nd floor,1.5 bathrooms, partially renovated, two balconies (not Succah), 3 a/c units, fully furnished, immediate occupancy,
Price NIS 4,900
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B – Old Katamon Rental #1858
Renovated spacious 2 bedroom sunny apartment, unfurnished, 1st floor, Available immediately.
Price NIS 4,500
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HAR NOF
A – Newly Renovated Garden Apt. #1663
Shlav A, Newly renovated 3 bedroom garden apartment, facing open view, machsan, unfurnished, immediate!
Rental Fee NIS 6,400
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B- Garden Apartment #1818
Shlav Aleph – Excellent location on Shaulzon. 3.5 bedroom apartment + 146 sqm private garden! Option for semi-furnished. View! Immediate – long term!
Rental Fee NIS 6,500
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