Jerusalem Property Update: November 24, 2021
For a while now, there has been very high demand and very low supply for apartments in Jerusalem. Specifically, for apartments that are 1075+ sqf with a sukkah balcony or outdoor space, storage room, parking, and an elevator in the building, in the neighborhoods of Baka, the German Colony, and the main Anglo areas. Read our latest blog on the supply vs. demand dilemma facing the Jerusalem real estate market.
Please have a look at the following apartments for sale in Jerusalem:
Lovely Apartment in the King David’s Crown Complex
This wonderful unit is located in the highly requested King David's Crown project, a beautiful luxury complex with a doorman. The unit measures 1600 sqf with 3 bedrooms including a large master suite, a study, a beautiful kitchen and dining area, and a 160 sqf sukkah balcony. The unit comes fully furnished and has private parking and storage.
The asking price is 8,700,000 NIS (approximately $2,760,000 USD).
Luxury Unit in Baka
This luxury unit is in a brand new building in Baka, just steps away from the Rakevet, Nitzanim synagogue, and the many shops, restaurants, and cafes of Derech Beit Lehem. The unit is 1500 sqf with 4 bedrooms, a lovely living room, 2.5 bathrooms, and a 170 sqf sukkah balcony. The unit comes with high-end finishes as well as private parking and a storage room. Expected occupancy around January 2022.
The asking price is 7,250,000 NIS (approximately $2,300,000 USD).
Apartment for Renovation in Baka
In a great location in Baka by HaRakevet Street and the German Colony! The building is finishing Tama 38 renovations. The unit is approximately 915 sqf with 3 bedrooms, 2 bathrooms, a small balcony, and lots of light. It is on the 2nd floor out of 5, in a building with a new elevator. Once renovations are complete it should cost less than 35,000 NIS per sqm!
The asking price is 2,650,000 NIS (approximately $840,000 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 with a 700 sqf 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 $1,160,000 USD).
Shabbat Shalom! Have a lovely weekend.