SHALOM FROM JERUSALEM
TAMUZ 5782
JULY 2022
NEWSLETTER #156
SUMMER SPECIALS
NEWS
NEW PROJECTS
BUILDINGS
RESALE APARTMENTS
RENTALS
NEWS
There has been quite a lot in the news regarding the real estate market in Israel. Israel real estate is not in a bubble. There is a lot of demand and not enough supply. Across the country, prices generally went up 14% since last year.
In addition, the foreign currency exchange rate against the shekel has not been
‘that great’. Many of our clients are purchasing properties in areas that are being gentrified where the value of the properties are going up. The value of their money is now stabilized being linked to the real estate value of the property and is increasing as the prices go up. Some clients are renting out these properties and using the rental income to help pay for renting in an area they want to live in.
New projects under construction are also very successful as many overseas buyers are not ready to live here permanently and the payment schedule works with their cash flow.
Friends and family are purchasing buildings, to build and ready to move in, to meet the size apartments that they need and selling any extra apartments at a profit.
All the above are somethings to think about!
In addition to our current website www.eifermanrealty.com, we have many more listings for you to consider in Jerusalem and new projects in Israel. Let us know what you are looking for. We are available to help you decide which neighborhoods and which options are best suited for you.
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NEW PROJECTS
Exciting New Projects – Presales, Under Construction and Ready to Move In
Let us know which neighborhoods interest you.
Prices range from NIS 35,000 – 90,000 a sqm
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BUILDINGS
Opportunities for you to purchase existing
buildings with building rights that will give you the sqm you need for yourself and with family/friends.
Choice properties with building rights in the Rechavia area, German Colony and Old Katamon
Lot sizes range to 820 sqm
Prices range from NIS 21,000,000 +
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RESALE PROPERTIES
BAKA
2 beautiful unique apartments in a great central location:
1- 2 bedroom 60 sqm apartment on the 1st floor, large living room, high ceilings, 2 succah balconies, large 60 sqm rooftop terrace with building rights.
Asking price NIS 2,950,000
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2- 3 bedrooms, 94 sqm + 8 sqm balcony, 2nd floor, high ceilings, 3 exposures, full of light and airy, open view!
Asking price NIS 3,450,000
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3- In a mandatory building, a unique and very special renovated penthouse:
160 sqm + 120 sqm balconies, second and top floor, large storage room. Pastoral location!
Asking price $2,625,000
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GERMAN COLONY
In a small and quiet building in the heart of the German Colony,
Second and top floor, a 4 bedroom 130 sqm apartment, Succah balcony, parking and storage room,
Asking price NIS 6,600,000
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TALBIEH
1- Price reduction! Tremendous potential in the most sought after area of Jerusalem!
Apartment 6 rooms (originally 4) 108 sq.m
Well maintained Jerusalem stone building surrounded by greenery
Balcony with views of Yemin Moshe and Keren HaYesod
3rd (top) floor walk-up
Close walking distance to the Western Wall
Price: 3,600,000 NIS
Currently rented for 9,000 per month.
An additional 25 square meters can be added in the event of urban renewal – with elevator and parking!
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2- In a small boutique building in the heart of Talbieh, magnificent new 300 sqm penthouse, high level finishes, high ceilings, roof top terrace, views, internal elevator, wheelchair accessible, private parking.
Being sold with the furniture,
A true one of a kind property!
Asking price NIS 26,000,000
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RECHAVIA AREA
Magnificent penthouse, 160 sqm on two levels, 3rd and 4th floor with a Shabbat elevator, large living room + dining area, beautiful kosher kitchen, 4.5 bedrooms including a master bedroom en suite bathroom, 3 full bathrooms, 30 sqm succah balconies, private storage room, 4 exposures, amazing views, under floor heating and central A/C.
Wheelchair accessible.
Asking price $3,300,000.
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CITY CENTER
1- In a new building – 4 bedroom apartment, 128 sqm + 8.5 sqm balcony, central A/C, storage room, parking, 2 elevators (1 Shabbat) Open view!
Asking price NIS 5,200,000
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2- In a new building – 2 bedroom apartment, 87 sqm + 8.5 sqm balcony, central A/C, storage room, parking, 2 elevators (1 Shabbat) Open view!
Asking price NIS 3,720,000
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OLD KATAMON
1-Unique Duplex #1854
A 135 sqm duplex with a private external elevator that opens on to the large succah balcony. The kitchen, living and dining area plus a bedroom 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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2-Spacious Home, Great Location #1950
Situated near to Emek Refaim, a shopping hub, access to transportation and synagogues, this property’s location is top tier. The apartment is spacious, with 5 bedrooms, and can be subdivided if you choose. The building is small which comes with the benefit of no upstairs neighbors, making for a quiet home. The apartment makes up the entirety of the first floor, just one level up from the ground floor. Tremendous potential and a great opportunity.
Asking Price NIS 4,300,000
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KATAMONIM
Spacious 4 bedroom apartment, 150 sqm, 3 bathrooms, 2nd floor, 15 sqm Succah balcony, garden in use 80 sqm, 2 entrances to the property!
Asking price NIS 4,400,000
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ARNONA
4 bedroom renovated and upgraded after a Tama 38, 125 sqm, including MB with an en suite bathroom, 8 sqm balcony (not Succah), Succah is built down stairs in common area. 3 exposures, easy access to the building, elevator, mamad (safe room) storage room. Close to public transportation, parks and schools.
Asking price NIS 4,450,000
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HAR NOF
1- Great Duplex Garden Apartment #1959
A Home for a Family!
Centrally located in Shlav Aleph, 170 sqm, Light, bright and airy duplex
Spacious succah patio from the kitchen + large private garden. Faces an open view.
Serious Seller
Asking Price: NIS 5,000,000
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2- The Best Penthouse #1958
In Shlav Aleph – Has everything you would want -144 sqm, spacious rooms, large terrace facing the wide open view, sunny and airy with the best exposures.
To be renovated to your taste.
Asking Price: NIS 4,500,000
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RENTALS
ARNONA
Renovated garden apartment, 4 rooms (3 bedrooms) 2 bathrooms, fully furnished, A/C and heating, parking, available immediate.
Rental Price: NIS 10,800
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HAR NOF
Renovated 3 Bedroom #1961
Shlav A – Bright and airy renovated 3 bedrooms 1 1/2 bathrooms 2 balconies.
Centrally located near shuls, transportation and shopping.
Low floor.
Rental Price: NIS 6,300
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