Jerusalem Property Update: February 17, 2022

Jerusalem Property Update:
Upcoming Event + Great Opportunities on the Market!

Dear readers,

CapitIL’s Director of Sales, Ben Levene, will be hosting a wonderful event in Melbourne, Australia on Sunday evening! Please share with any relevant friends or family members, and contact us if you’d like to join via Zoom.

Australia Event on Jerusalem Real Estate

Follow along with our new blog series, Buying Off-Plan Apartments in Jerusalem, which will be published every Thursday over the next few weeks. This series will expand on the process of purchasing new build and TAMA38 projects in Israel.

Check out part 1 of this series about payment terms and the building index, up on our blog now!

Please take a look at the following great opportunities on the market in Jerusalem:

Fantastic Investment Opportunity in Baka

This unit is 820 square feet with 1 large bedroom and 2 spacious living areas (option to make 2 bedrooms) in an Arab-style house full of charm and character. The apartment is on the ground floor and is in excellent condition with beautiful custom built-ins.

There is a 320 square foot patio/garden, as well as a private entrance and parking. Located just steps from the Mesila Park, Emek Refaim, and the First Station! There is a long-term tenant in place.

The asking price is 2,900,000 NIS (approximately $910,000 USD).

Naftali Collage


HaShayarot: Brand New Apartment for Sale in Old Katamon

On a lovely, pastoral side street in the heart of Old Katamon, this project will see the complete refurbishment of an existing building with a beautiful lobby, brand new 6-person elevators, and luxury finishes.

This brand new unit is 1075 square feet with 3 bedrooms, 2 bathrooms, a 130 square foot sukkah balcony, and high technical specifications such as cooling and heating systems, Italian kitchens, and luxury finishes.

Expected occupancy around Pesach 2024.

The asking price is 4,250,000 NIS (approximately $1,335,000 USD).

Dira HaShayarot Collage


Shimoni: New Luxury Apartments Near Katamon

Shimoni Front of building

This project is seeing the complete refurbishment of a small building, which will consist of 5 floors and 10 apartments total, including 2 penthouses.

All units have 4 rooms; 3 bedrooms, a living room, and 2.5 bathrooms. The units come with high-end finishes such as an inverter air conditioning system, underfloor heating, spacious kitchens, and private parking.

All units have a 130 square foot sukkah balcony with amazing views towards the Knesset!

Expected occupancy in 2023.

Prices start from 3,450,000 NIS (approximately $1,085,000 USD).

See all available units for sale on our website.

Shimoni Building balconies

Shabbat Shalom! Have a lovely weekend.

See more available Jerusalem real estate for sale, new building projects in Jerusalem, and luxury apartments for sale in Jerusalem.

For any further information on the above properties or to begin your property search, please contact us at

*The USD price is indicative of the NIS asking price and is subject to change.*

Need Jerusalem Real Estate Advice? Get in touch!

Contact us on WhatsApp, telephone or email.