SHALOM FROM JERUSALEM
1- Israel Real Estate Bubble?
Sale: a- Want to be near the Old City?
b- Great Properties
Rental: Long and Short Term
3- New Projects
As our Newsletter listings are a small sample of our properties, you are invited to search our website for additional properties. Please check our archives on the website for previous newsletters for additional listings of properties not on our website and for properties out of Jerusalem.
In this Newsletter, we concentrated on residential properties. If you are looking for a commercial investment, please Contact us with your request.
Still didn’t find what you want? Call or send an email Contact Us . We are here to help you with your search.
Please let us know if you are planning to be in Israel for Chanukah. We are available to meet with you.
We are working together with Boubli Realty in the Inbal Hotel lobby. Please call us for an appointment at your convenience.
Wishing all of Am Yisrael a Chanukah Sameach!!
1- Israel Real Estate Bubble?
Many of our clients feel that there is a real estate bubble in Israel. Many are waiting for it to burst so that they can purchase a property at a price they think is reasonable. An article appeared in Globes that answers the question – 'Is there a real estate bubble in Israel?' According to Merrill Lynch, housing prices in Israel lag those in other Western countries.
4 November 13 14:12, Adi Ben-Israel
For the full article:
The Bank of Israel will increase its intervention in the foreign currency market to prevent a further appreciation of the shekel, and Israel's housing market is not showing signs of overheating, says Merrill Lynch in a new review today.
Merrill Lynch devotes a large and interesting part of its survey to Israel's real estate market, in view of the debate over the existence of a housing bubble. Merrill Lynch says unequivocally that Israel's has no housing bubble, and compares Israel with other countries. The tables show that housing prices in Israel have not risen as much as in other countries, and that Israel's mortgage market is safer than other mortgage markets.
"The housing market in Israel is not showing signs of overheating, in our view," says Merrill Lynch. "Although housing prices increased by almost 80% since 2007, a bigger picture view shows that housing prices in Israel have lagged peer countries since 2000. Israel had a late start and still trails some countries."
The takeoff in Israeli housing prices began in 2007, whereas the takeoff in the countries in the graph began in the early 2000s. In addition, while housing prices rose by 180-250% in Australia, the UK, South Korea, and other countries, prices in Israel rose by 80%.
Published by Globes [online], Israel business news - www.globes-online.com - on November 4, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013
a- Want To Be Near The Old City?
(For properties in the Old City, please Contact us)
David's Village & Mamilla
1- Unique and Beautiful #1120
Looking for that SPECIAL UNIQUE property? This magnificent authentic arab style house has been renovated to the highest standard that combines the old and the new. The original home has very high beautiful arched ceilings in each room. The new duplex addition can be separated into an independent unit.
Asking Price: $5,800,000
2- Beautiful Garden Duplex #1147
The entrance to this duplex is directly from the street. The dining and living room and den area is open and spacious. The garden is directly off the living room.
Asking Price: $2,400,000
3-New Mamilla Apartment #1074
Near the Promenade, a charming apartment. There is a 7 sqm balcony with a view. There are 2 private parking places.
Asking Price: NIS 5,914,480
4- A Garden Foothold #1152
A renovated apartment with a 30 sqm garden in private use.The property has building rights for expansion.
Asking Price: NIS 1,720,000
5- Spacious Furnished Apartment #737
Excellent Location!! Close to Shaarei Chesed, the Great Synagogue and the hotels and a short walk to the Old City, this spacious newly renovated apartment a succah balcony, parking & storage room. One and a half flights up, with an elevator. The apartment is being sold with all the furniture and appliances. Just move right in!!!
Asking Price: $950,000
6- Where You Want To Be # 928
Great chance to buy in Jerusalem's most premium neighborhood adjacent to Shaarei Chesed! Quiet apartment with 4 exposures. Entrance level - only a few steps up! Place for a succah. Needs to be renovated. Currently rented out.
Located at the top of the hill in the heart of Nachalat Tzadok/Shaarei Chesed, very close to the Gra Shul and Rabbi Wein's shul. Close walking distance to the Great Synagogue and Yeshurun.
Asking Price: NIS 2,450,000
7- Bright & Sunny in Rechavia #1144
In a new small building near the Great Synagogue with only 1 apartment on each floor. This bright and sunny apartment has spacious public areas with a succah balcony off the living and dining room.This apartment can be combined with the duplex penthouse above.
New Duplex Penthouse #1107
There are additional bonuses of a Shabbat elevator and private parking.
Asking Price: NIS 5,750,000
8- Spacious Wolfson Villa #1145
Lovely villa close to Diskin Street in good condition. The dining and living room area and study/den are 1 open area. The study/den can be closed off for additional sleeping space.The open view is to the south, Gan Sacher and the Knesset from a large Succah balcony,.Located 2 levels below Diskin,with easy access of only one floor down from the parking lot.
Asking Price: $1,250,000
9- Wolfson Villa - Lower Level #1146
This villa has a garden area and a 14 sqm storage room with a window.The villa needs renovation. It can be rented out as is. The villa is on 2 levels.Access with out steps from Ben Tvi Road, and is direct from the Mall level. It is an easy walk to Gan Sacher.
Asking Price: NIS 3,100,000
10- Excellent Opportunity in Rechavia #1095
On the border with Shaarei Chesed, this apartment is on one level.There is an existing option to subdivide the apartment and create a small unit.In good condition, can be easily rented out.
Asking Price: NIS 3,700,000
11- Talbieh Garden Apartment #1137
A very special apartment in an exclusive buildingLarge kitchen with breakfast nook. A huge and beautiful living room, with beautiful built in cabinets. Two bedrooms, each with en suite bathrooms. Both bedrooms have wall to wall closets. A third bedroom is optional. The garden and patio is 115 sqm.The apartment comes with indoor parking plus a big storage room. The building has a semi-Olympic swimming pool that is heated all year long and is covered.You can also enjoy a fully equipped exercise room. The 24 hour a day guard is at your service all year. This apartment is for that special person who wishes to live in a special place.
Asking Price: $2,000,000
12- Charming Garden Apartment in Talbieh # 1046
This lovely 2 bedroom garden apartment has a completely separate entrance. It is very charming and cozy, and is newly renovated. The master bedroom has an en suite bathroom. The apartment has 3 exposures, and is sunny, cheerful and airy. Amidst the noise and hustle bustle of the Rehavia / Talbieh area, this apt. is located on a quiet and beautiful street, and is only a 5 minute walk to the Great Synagogue, and the Inbal and King David Hotels. It is also in walking distance of the Old City and Emek Refaim.
Asking Price: $875,000
13- Special Apartment + Unit #1141
Renovated with a kosher kitchen. The basement unit has a kitchenette and bathroom. Quiet and yet in the heart of the German Colony close to Emek Refaim. Easy walk to Kotel and Talbieh.
Asking Price: $720,000
b- Great Properties
14- Beautiful 6 Bedroom Cottage in Baka #1136
Beautifully renovated split-level cottage in the the heart of Baka, close to Emek Refaim and the German & Greek Colony.
Asking Price: $1,200,000
15- Charming 2 Bedroom #1140
A lovely charming, sunny, bright apartment with 3 exposures. There is a master en suite bathroom. Located near Old Katamon and Rechavia.
Asking Price: NIS 2,250.000
16- Cute Sunny Apartment #1134
This sunny apartment is comfortably set up. One of the bedrooms is a master bedroom with an en suite bathroom. The open living and dining areas are spacious for entertaining. Perfectly located near Yakar and the Shteblich.
Asking Price: NIS 2,150,000
17- Garden Apartment With A View #1149
This garden apartment is on a quiet street with a private entrance. The master bedroom has an en suite bathroom.
Asking Price: NIS 2,500,000
18- Garden & Penthouses #1150
5 apartments are available in this new high standard project. The size apartments range from 121 - 209 sqms. This does not include outdoor space.
Prices range from NIS 5,000,000 -9,500,000
19- 14 Large Apartments #1151
14 large, sunny and bright apartments in the new project in the western part of the city with magnificent open views. The apartment sizes range from 140 - 230 sqm. The balcony sizes range from 80 - 120 sqm.
The PRICES range from NIS 4,200,000 - 7,000,000
RENTALS - Long & Short/Term
Prices are per month
1- Penthouse Rental in Rechavia #1106
Spacious apartment! Private entrance to the entire 1st floor. There are 4 exposures, large LR DR, spacious kitchen, central A/C, alarm system, large Succah balcony. Available immediate, long term.
Rental Price: $4500
2- Beautiful 3 Bedroom Rental #1119
GANEI TZION RENTAL - A lovely new apartment that faces the park on a low floor. The master bedroom has an en suite bathroom and a walk -in-closet. There is A/C and the apartment includes closets in all the bedrooms, a bookcase, stove top and oven. Available for long term.
Rental Price: NIS 7,300
3- Magnificently Renovated # 982
Long term rental as of November 15, 2013. Located close to Emek Refaim, on a quiet exclusive street.
Rental Price: NIS 22,000
4- Beautifully Renovated & Furnished # 983
For long or short term rental. Spacious renovated duplex in the prestigious German Colony has 4 bedrooms, library, living room, kitchen and succah balcony. With air conditioning and furniture.
Monthly Rent: NIS 18,000
I would appreciate receiving feedback as to how we can improve our newsletters as they are written to keep you informed especially with regard to sample properties in different price ranges that are in the market.
Again, wishing you a CHANUKAH SAMEACH!