SHALOM FROM JERUSALEM
NEWSLETTER #150 OPPORTUNITIES
NEW PROJECTS – OPPORTUNITIES
BUILDINGS WITH BUILDING RIGHTS
Are the skies open for you?
Some of our clients have been able to arrive in Israel. 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.
Not able to come to Israel?
We know and understand the frustration of wanting to purchase a home in Israel and not being here personally to see and chose. We use the amazing technology of facetime and zoom walk-throughs as well as pictures and videos of the property, the building and of the street and area as well. Many of our clients have purchased homes this way. Can this work for you?
Prepare the groundwork for your purchase
Giving your lawyer or a trusted person in Israel power of attorney can make the difference in being able to purchase the property of your choice quickly.
If you do not have a lawyer, we have a list of native english speaking lawyers that our clients have used and can recommend.
The real estate market is very active with locals and overseas buyers.
Prices at this time are still mostly stable. Resale owners are open to a reasonable offer especially at this time when entry to Israel is limited.
As reported in Arutz 7 – In May, there was an increase of about 40% in the number of sales of apartments, a good percentage in new apartments.
In addition to our current website, www.eifermanrealty.com , we have many more listings of resale properties and new project for you to consider in Jerusalem as well as in other cities. We are available to help you with your real estate needs. Let us know what you are looking for. Contact Us
There are a very large number of various kinds of new projects going up all over the city in different stages of construction – from beginning construction to immediate occupancy.
What works for you? Which neighborhoods should you consider?
Who will my neighbors be?
Does this work with my budget? Cash flow?
Is my money secure?
Reputation of the Developer? Contractor?
All these and other questions you may have are valid.
We are available to help you find what works for you and for you to receive answers to your questions
In this newsletter, we have selected a projects in different neighborhoods of the city with different opportunities and prices. It is the ‘tip of the iceberg’.
Please Contact Us as to what areas you are considering, how many bedrooms you need, and the budget you are working with.
Private Ownership #1831
As an investment or residential
Unique Project! I would like to introduce an exciting new attractive housing opportunity for retirees (over 55….) which has just been initiated in Jerusalem.
Unique in that unlike most of the current retirement housing apartments in Israel, these will be privately owned apartments (tabu) that enables you to obtain a mortgage for your purchase.
The project consists of luxury apartments in 2 connected buildings, ranging from 2-4 rooms and 6 garden apartments – 2 – 3 rooms. You have an option to purchase adjacent apartments to purchasing an entire floor.
The project will be built to the highest and most modern standards. The facilities will include a state-of-the-art gym, half-size Olympic swimming pool, synagogue, cinema room, cafeteria, library, salt room, medical clinic and activity rooms – more reminiscent of a 5 star hotel than a residential building!
The exciting project is near to the Malcha shopping mall, and directly situated on the soon-to-be-built new light rail route with easy access to town. There is a huge, beautiful park as well as a large shopping center very close by.
The room sizes and prices are:
2 Rooms – 37- 40 sqm – NIS 1,380,000+
3 Rooms – 57- 60 sqm – NIS 1,740,000+
4 Rooms – 73 -93 sqm NIS 2,320,000 and 2,880,000
Garden Apartments: 2 Rooms – 42-47 sqm – NIS 2,202,000
3 Rooms – 60 sqm – NIS 2,232,000
The garden apartments have a ceiling height of 6 meters.
20% at contract
30% at completion of the building structure
50% in 4 payments.
Registration of property- NIS 15,000
Maintenance fee includes access to all facilities and all activities, 24 hour medical service and apartment cleaning once a week.
Estimated completion date is June 2023.
Our agency has received a special discount for our clients that are interested in purchasing an apartment in this amazing new project!
RECHAVIA – Unusual Opportunity!!
ONLY NIS 40,000 per sqm!!!
Two floors will be added on to an existing building.
The current available are 4 three bedroom apartments on the fifth floor:
106 sqm apartment with a 12 sqm succah balcony. Price NIS 4,032,000
114 sqm apartment with a 25 sqm succah balcony. Price NIS 4,087,200
114 sqm apartment with a 25 sqm succah balcony. Price NIS 4,086.000
108 sqm apartment with a 12 sqm succah balcony. Price NIS 4,105,600
At this point apartments can still be combined.
Occupancy: 24 months.
1- Innovative and Traditional Project #1903
Looking for American and European luxury in the heart of Jerusalem?
This luxury project is located near synagogues, hotels, Old City (10 minute walk), shopping and transportation.
Luxurious lobby with 24-hour security service with supervised entry for the residents
Two elevators including one for Shabbat.
Storage room and private underground parking for each apartment.
There are 4 apartments currently available:
1- 4 room apartment – 135 sqm with a 15 sqm balcony
Price: NIS 6,700,000
2- 4 room apartment – 149 sqm with 15 sqm succah balcony
Price: NIS 8,700,000.
3- Duplex 191 sqm with a 70 sqm garden
Price: NIS 11,500,000
4- Garden Duplex apartment – ground floor- finished apartment, 211 sqm, + 60 sqm private garden, 3 bedroom, 2.5 bathrooms
Price: NIS 8,700,000
2- One Of A Kind #1904
In a prime location in the Talbieh neighborhood on private land, this one of a kind project with a stunning architectural design is being built to the highest technical specifications with regard to the construction quality and choice of materials.
There are garden and regular apartments ranging from 101 – 253 sqm.
Each apartment has a succah balcony. The area of the balconies/outdoor space range between 29 sqm – 400 sqm depending on the apartment.
There is one penthouse.
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.
Garden apartments – 163 – 253 sqm + 202 – 297 sqm garden.
First floor apartments – 157 – 194 sqm + 38 – 52 sqm balcony.
Second floor apartments – 101 – 151 sqm + 29 – 39 sqm balcony.
Third floor apartment- 177- 206 sqm + 31 – 36 sqm balcony
There is one Penthouse- 437 sqm + 408 sqm outdoor space.
Private roof of the penthouse has a swimming pool and outdoor space with a panoramic view of Jerusalem!
1- An Elegant Project #1897
Just 3 apartments left for sale in this small boutique style building that is being built on a high standard. The building has an elevator. All apartments have succah balconies and private parking.
A- 3 Room apartment – 76 sqm, spacious living area with 3 succah balconies
Price: NIS 3,801,600
B- 4 Room apartment,107 sqm with 4 air exposures, spacious living area, 3 bedrooms, including a master with an ensuite bathroom and 2 succah balconies.
Price: NIS 5,028,750
C- 4 Room apartment – 113 sqm, 3 bedrooms including a master with an en suite bathroom, spacious living room, 3 air exposures, with 1 succah balcony
Price: NIS 5,301,000
Occupancy: April 2023
2- Partnership Project #1869
A unique new luxury project located on a quiet pastoral street close to Emek Refaim with an approved building permit. The project is being sold as a group purchase which reduces the cost per sqm considerably. The estimated completion date is in 2023.
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.
There are 9 apartments for sale ranging from 58 – 84 sqm on the 1st (not the ground floor) and 2nd floors. There is a possibility of combining 2 of the apartments.
The range of the total cost of the apartments is NIS 3,000,000 – 4,150,000.
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 project boasts boutique apartments that are both spacious and charming.
Each apartment has a storage room and parking.
The apartments will be ready in June 2022.
Last 2 apartments left
A– 3 Room garden apartment – 80 sqm with a basement of 29 sqm with windows( that can be made into an additional room) and a 110 sqm garden.
Price: NIS 4,700,000
B– 3 Room apartment – 87 sqm + 14 sqm balcony.
Price: NIS 3,700,000
Immediate Occupancy #1900
In Katamonim near the San Simon and Old Katamon neighborhoods, this new luxury project built with high standards and state of the art property specs still has apartments available for sale. Occupancy is immediate.
All of the apartments are sold with a storage room and at least 1 parking space.
3 Apartments Available:
A- 3 Rooms- 77 sqm,
Price: NIS 2,200,000 – flexible.
B- 4 Rooms – 94 sqm + 8 sqm balcony.
Price: NIS 2,500,000
C- Penthouse- 5 rooms, 132 sqm + 18 sqm balcony with 2 parking spaces and a storage room.
Price: NIS 3,800,000
A Planned Community #1895
PRESALE!!! A prestigious new project catering to its resident’s needs by combining well designed apartments in 4 buildings that faces a beautiful panoramic open view.
The large park between buildings includes walking and bike paths. A commercial shopping area for convenient shopping and a cafe close by that will cater to the needs of the residents
Each building has 3 elevators. Each apartment has a storage room and at least 1 parking place
For the Presale, they are selling at this time 5 room apartments.
5 rooms – 125 sqm + 14 sqm balcony
Presale price: 3,500,000 Shekels
Please Contact Us for additional information
1- Small Boutique Building #1892
3 apartments left in a small boutique building (only 3 floors), on a quiet street close to the Hadar Mall.
All apartments have parking and a 10 sqm storage room.
*Two 4 Room 100 and 110 sqm apartments with a 40 sqm garden.
Price: NIS 3,000,000 and NIS 3,200,000
*The 6 Room 180 sqm duplex apartment has a 70 meter garden
Price: NIS 4,500,000
2- A Good Selection #1893 A high standard exciting project that includes 2,3 & 4 room apartments. The building is built to a high standard and includes rich technical specifications. There is a luxurious lobby, two elevators, balconies, underground parking, a storage room and parking for each apartment and more……..
2 Rooms – 47 sqm with a 4 sqm balcony
Price: NIS 1,668,000 – 1,697,000
3 Rooms – 67 sqm with a 5 sqm balcony
Price: NIS 2,049,000
4 Rooms – 93 sqm with a 9 sqm balcony
Price: NIS 2,800,000