Jerusalem Property Update: May 19, 2022

Jerusalem Property Update:

Units in Projects Finished in the Past Few Years +

Crucial Things You MUST KNOW About Buying in New or TAMA 38 Projects

Dear Readers,

When looking to buy in Jerusalem, new builds and TAMA 38's give you great options!

Projects are often the best value on the market today as there is a relatively larger choice of apartments in the good areas plus the ability to design the apartments to your needs and the ability to pay the money over an extended period of time.

However, here are three things you must be aware of and careful with when buying in a Jerusalem project.

See: Crucial Things You MUST KNOW When Buying in New or TAMA 38 Projects.

Check out some incredible units in projects that have been completed within the past few years:


Great Opportunity Overlooking the Mesila

Located right by Emek Refaim is this beautiful 1000 sqft apartment with 3 bedrooms, 2 bathrooms, and a gorgeous sukkah balcony that sits approximately 10-12 people.

The building was refurbished as a TAMA 38 project about 2.5 years ago, and this is one of the completely brand new apartments. The apartment comes with AC and electric heating. The apartment has beautiful views looking over the Mesila and is right by German Colony and Nitzanim Synagogue.

The asking price is 3,725,000 NIS (approximately $1,110,000 USD).

It is also available for long-term rent at 8,500 NIS per month (approximately $2,530 USD per month).

For this specific unit, contact Giddy at giddy@capitil.com.


Luxury Apartment In the Heart of the City Center

Beautiful modern building in the heart of the Jerusalem City Center with a gorgeous lobby and a doorman. This specific unit is in stunning, luxurious condition, and has beautiful views throughout the apartment.

The unit has 3 bedrooms, 2 bathrooms, and is approximately 1150 sqft plus a lovely balcony with an incredible view. This unit is a great investment for long/short term rental, or for you to enjoy for your leisure. Have a look at the gorgeous pictures below.

The asking price on this unit is a great deal! Only 3,950,000 NIS (approximately $1,175,000 USD).


Bright, High-End Apartment in the Heart of the German Colony

In an amazing part of the German Colony, just 1 minute away from a small park, the restaurants and coffee shops of Emek Refaim Street, and an 8-minute walk to Nitzanim Synagogue.

Located on the most serene, peaceful side street, very charming and hidden away, lies this beautiful and modern building that has been refurbished just 1 year ago and designed by a renowned architect.

This stylish 3 bedroom apartment is 1000 square feet with a large living room, 2 beautiful sukkah balconies, high-end finishes, central air conditioning, underfloor heating systems, and private parking. The unit is on the 3rd floor with an elevator in the building.

The asking price is 4,500,000 NIS (approximately $1,340,000 USD).


Have a great week!

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