Jerusalem Property Update: November 7, 2021

Jerusalem Property Update: November 7, 2021

Shavua Tov!

The Words of the Week are:

1. Electricity - Chashmal
   Electricity in Israel is 230 volts. Make sure to bring the appropriate converters and transformers for your electric appliances in order to use them safely!

2. Insurance - Bituach
   Make sure to thoroughly understand the insurance policy you have, whether it be for your home, health, car, etcetera.

3. Lawyer - Orech Deen
   Having a knowledgable and trustworthy lawyer as part of your team during the process of purchasing real estate is crucial.
   
   See the CapitIL Real Estate Agency full Hebrew-English dictionary of property terms.
   

Please have a look at the following rare opportunities currently available for sale on the Jerusalem market:

Luxury Courtyard Apartment in the Heart of the Greek Colony

This apartment can be designed to meet your needs! It is a 700 sqf (65 sqm) unit with 1 bathroom, 1 large or 2 pleasant bedrooms, and a 150 sqf (13 sqm) courtyard. The unit comes with high-end finishes such as a Mitsubishi VRF air conditioning system and underfloor heating. There is a generous allowance for the kitchen. The unit comes with private underground parking and storage! Will be ready in approximately 3 years!

The asking price is 2,550,000 NIS (approximately $820,000 USD).

Brand New Apartment in a Lovely Project in Old Katamon

This unit is located in the heart of Old Katamon in a lovely project undergoing TAMA38 renovations with an addition of 2 floors, a beautiful lobby, 6-person elevators, and private parking. The unit is 1075 sqf (100 sqm) with 3 bedrooms, 2 bathrooms, and a 130 sqf (12 sqm) sukkah balcony, on the 4th floor. The unit will be complete with high technical specifications such as cooling and heating systems, Italian kitchens, and luxury finishes. The project is expected to be completed by Pesach 2023. The first 4 units have already sold!

The asking price is 4,350,000 NIS (approximately $1,400,000 USD).

Beautiful Penthouse for Sale in the Greek Colony

In a building that is just 5 years old, this beautiful apartment has been designed and built with an amazing use of space in mind. The unit is 1900 sqf (175 sqm) with 4 bedrooms, 2.5 bathrooms, a gorgeous, stylish kitchen, and wonderful custom carpentry. There are 2 large sukkah balconies totaling 850 sqf (80 sqm) with amazing views off of the living room, as well as one pleasant balcony off of the master bedroom. The unit comes with 2 parking spots.

The asking price is 9,950,000 NIS (approximately $3,200,000 USD).

Splendid Garden Apartment in the German Colony

Located right by Emek Refaim and Dor V’Dorshav in Talbiya, this luxurious 2 bedroom apartment is 930 sqf (85 sqm) with a 700 sqf (65 sqm) garden. The unit comes with high-end technical specifications including heating and A/C systems, as well as private parking and a storage room. The unit will be ready in approximately 3 months!

The asking price is 3,650,000 NIS (approximately $1,175,000 USD).

See more units and properties currently available for sale in Jerusalem.

For any further information on the above properties or to begin your property search, please contact us at sales@capitil.com.

Have a great week!