Mabat HaShuk January 2021 – real estate deals closed during lockdown #3

As Israel’s third lockdown continues, house viewings, closings, and everything else that is required toward purchasing a home is more complicated than ever. Despite this, English-speaking agents around the country have reported multiple real estate deals that have closed in Israel since the beginning of the new year. Follow Mabat Ha’Shuk to get a glimpse of what’s happening in the Israeli housing market.

The following is a selection of real estate deals in Israel that took place during the month of January 2021. The idea is to give our readers a general idea of the residential real estate market, property prices, and activities taking place around the country that relate to Israel real estate*.

Tel Aviv:

A 74 sqm apartment, under construction in central Tel Aviv, on the 20th floor, with an 11 sqm balcony, was sold for 3,300,000 NIS. (Daon Group Real Estate). A 2-room apartment, 35 sqm, located on the 2nd floor out of 4 floors on Chaim Vital Street, in the Florentine neighborhood, was sold for 1,850,000 NIS. (Re/Max Ocean).

tel aviv apartment
Apartment sold on Florentine Street, Tel Aviv

Jerusalem:

A 5-room apartment, 124 sqm, with a 6 sqm balcony, located on the 9th floor out of 11 floors on a building on Derech Beit Lechem, New Talpiot, was sold for 2,820,000 (Jackie Bitensky Real Estate). A 4 room apartment, 101 sqm, located on the ground floor of a building located on Hagihon Street in Abu Tor, was sold for 2,550,000 NIS (CapitIL Real Estate)

Jerusalem Apartment
Apartment sold in Abu Tur

Shoresh:

A 7-room villa, 300 sqm with grounds of 555 sqm, located on Hashazif Street in Moshav Shoresh, was sold for NIS 6,500,000 (Re/Max Vision).

Netanya:

A 260 sqm duplex in Ir Yamim, located on the 13th floor, located on the front line to the ocean, was sold for 10,500,000 NIS. A 156 sqm apartment located on the 14th floor in Briga Towers, Ir Yamim, was sold for 3,750,000 NIS. (Home in Israel).

Netanya apartment
Apartment sold in Netanya

Modi’in Maccabim Reut:

A 4.5-room apartment, 110 sqm with a 15 sqm balcony, located on the 2nd floor out of 4 floors on Fikus Street, city center Modi’in, was sold for 2,755,000 NIS (Bayit Kal Nadlan).

modiin apartment
Apartment sold in city center, Modi’in

Ma’ale Adumim:

A 3-room garden apartment, 85 sqm, with 50 sqm meter garden, located on Hatziltzal, in the Klei Shir neighborhood was sold for 1,430,000 NIS (Re/Max Atid).

home in Ma'ale Adumim
Garden apartment sold in Ma’ale Adumim

Ariel:

A 4-room apartment, 100 sqm, with a 9 sqm balcony, located on the 1st out of 3 floors on Yaffe Nof Street 9, was sold for 1,350,000 NIS (Nadlan Ariel).

Apartment Ariel
Apartment sold in Ariel

Haifa:

A 3-room apartment, 65 sqm, located on the 3rd out of 4 floors on Hapartezanim Street, in Kiryat Eliezer, was sold for 850,000 NIS (Duet Nadlan).

apartment Haifa
Apartment sold in Haifa

Follow Mabat ha’Shuk on Buyitinisrael to learn about the monthly real estate deals in Israel.

The offices/agents mentioned represented either the buyers, the sellers, or both parties.

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