Mabat HaShuk: Get a sense of property prices in Israel — September 2020

The following is a selection of Israel real estate deals that took place throughout the country during September 2020*. The idea is to give our readers a general idea of property prices in Israel, the real estate market, and activities taking place around the country.

Tel Aviv:

A 5-room apartment, 120 sqm with a 25 sqm balcony, located on the fourth and top floor of a building (with an elevator) on Shmuel Tamir Street in the New Ramat Aviv neighborhood, was sold for 4,500,000 NIS. A 4-room apartment, 80sqm, located on the third floor out of four floors (without an elevator) on Sheshet Hayamim Street in the Kfar Shalem neighborhood, was sold for 1,515,000 NIS. A 4-room apartment, 80 sqm with a 6 sqm balcony, located on the ground floor out of 3 floors, on Arlozorov Street in the city center, was sold for 2,925,000 NIS. (Re/Max Ocean).

Property prices in Israel in September 2020
Property sold on Arlozorov Street, Tel Aviv

Jerusalem:

A 4-room apartment, 125 sqm with a 30 sqm balcony, located on Benajamin Disraeli Street, Talbieh, was sold for 6,000,000 NIS (Hellen Duman Realty).

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A 4-room apartment, 112 sqm with two balconies each of 8 sqm , located on the eighth floor of a new building on Yaffo Street, city center, was sold for 3,800,000 NIS (Deborah Michael Homes).

property prices in Israel in September 2020
Apartment sold in new building on Yaffo Street, Jerusalem

A 4-room apartment, 91 sqm with a 110 sqm garden, located on the third floor out of seven, on HaMamtsi Street, Har Homa, was sold to a buyer in the US for 1,765,000 NIS (Jackie Bitensky Real Estate).

A 7-room villa, 280 sqm with 300 sqm gardens, located on D’Israeli Street, Talbieh, was sold for 13,000,000 NIS. A 4-room apartment, 100 sqm with a 110 sqm garden, located on the second floor out of six (with an elevator), on Hahaganah Street, French Hill, was sold for 1,850,000 NIS (Re/Max Vision).

Property prices in Israel - September 2020
Apartment sold on Hahaganah Street, French Hill, Jerusalem

Ashdod:

A 7-room duplex apartment, 196 sqm, with two large balconies, located on floors 1 and 2 on 29 November Street, City Quarter, was sold for 2,400,000 NIS. A 5-room duplex apartment (converted into 4 rooms), 217sqm, with two balconies, located on floors 7 and 8 on Tel Hai Street, Kav Quarter, was sold for 2,600,000 NIS (Re/Max Together).

Netanya:

A 5-room apartment, 143 sqm, with a 20 sqm balcony, located on the 14th floor out of 24 floors, on Bene Berman Street, Ir Yamim, was sold for 2,630,000. A 4-room apartment, 124 sqm, with a 12 sqm balcony, located on the 4th floor out of 15 floors, on Pierre Koenig Street, South Beach Netanya, was sold for 2,180,000 (Maxine Marks – Luxury Property in Israel).

Apartment in Ir Yamim, Netanya
Apartment in Ir Yamim, Netanya

* The office/agent 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.

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