4-Room Apartment in San Simon – Urban Renewal Opportunity

Sale Price3,840,000($ 1,320,495)

Property ID: 67656

Square Meters: Sq. Meters 90

Neighborhood: San Simon

Rooms: 4

Bedrooms: 3

Bathrooms: 1.5

Floor: 5

Balcony: Yes

Air Exposures: South, East, West

Elevator: Yes

Air Conditioning: Yes

Succah Balcony: Yes

Handicapped Accessible: Yes

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Property Description

Located on Horkania Street at the crossroads of San Simon, Rasko, and Gonenim. A young, vibrant, and rapidly renewing area, offering an active and diverse community life alongside excellent educational institutions, cultural and religious centers, community facilities, and synagogues. The surroundings include parks and playgrounds, restaurants, cafés, and shops, as well as excellent access to public transportation.
The neighborhood is undergoing a significant and accelerated process of urban renewal!

A well-maintained 3-bedroom apartment on the 5th and top floor, bright and airy, with three exposures (south, east, west).

Features a sukkah balcony with open southern views, a large kitchen, central A/C, Shabbat elevator, and building parking.

Approximately 90 square meters (87 sqm according to the Arnona) with one full bathroom plus a powder room. With an option to add a half room/home office.

The building is expected to enter a prestigious Pinui-Binui project. Upon completion, owners are expected to receive a new apartment of at least 115 sqm with a 12 sqm balcony, underground parking, and storage. Estimated construction start: 4 years.

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