Mabat HaShuk: Real estate transactions in Israel — August 2020

The following is a selection of real estate deals that were recently transacted in Israel. This gives our readers a general idea of the residential market and the activity taking place around the country.

Jerusalem:

A 6-room villa, 178 sqm on 4 floors, located on Yair Street, Baka, was sold for NIS 5,950,000 (Jackie Bitensky Real Estate). A 6-room villa, 270 sqm with 2 gardens, located on Mevo Hama’avak Street, French Hill, was sold for NIS 6,500,000 (Re/Max Vision).

A 5-room duplex located on Mordechai Elkachi Street, Armon Hanatziv
sold for 1,900,000 NIS (Re/Max Vision). A 3-room apartment, 80 sqm, located on the 8th and top floor on Machal Street in Ma’alot Daphne, was sold for NIS 1,980,000 (Re/Max Momentum).

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Tel Aviv:

A 3-room apartment, 60 sqm, on the 4th floor, located on Nardur Street in the Jaffa 4 neighborhood, was sold for NIS 1,240,000. A 3-room apartment, 58 sqm, on the 2nd floor, located on Trumpeldor Street in the city center, was sold for NIS 2,600,000. A 4-room villa, located on Kam Street in Ramat HAchayal, was sold for 4,800,000 NIS (Re/Max Ocean).

Haifa:

A 2.5 room apartment, 60 sqm, located on the 3rd and top floor on Avner Street in Kiryat Eliezer, was sold for 750,000 NIS. A 3-room apartment, 87 sqm, located on the 3rd out 4 floors, on Meir Street, in the German Colony, was rented for 4,200 NIS per month (Kanadlan).

Modi’in:

A 7-room villa, 236 sqm, located on Dan Street in North Buchman, was sold for 5,850,000 NIS (Spritzer Real Estate). A 5-room garden apartment, 115 sqm with a garden of 90 sqm, located on Ya’ar Eshtaol in Nofim, was sold for 3,225,000 NIS (Prime Time Realty).

Netanya:

A 3-room apartment, located on the 5th floor on Shlomo Hamelech Street, North Netanya, was sold for 1,560,000 NIS (Buy Home in Israel).


The contents of this article are designed to provide the reader with general market information and not to serve as professional advice for a particular transaction. Readers are advised to obtain advice from qualified professionals prior to entering into any transaction.

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