Rare Investment Opportunity in the German Colony!

Sale Price5,990,000($ 1,984,101)

Property ID: 62062

Square Meters: Sq. Meters 101

Neighborhood: German Colony

Rooms: 4

Bedrooms: 3

Floor: 3

Balcony: Yes

Air Exposures: South, North

Parking Spaces: 1

Succah Balcony: Yes

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Property Description

A rare opportunity to acquire a property in one of Jerusalem’s most sought-after neighborhoods, with significant upside through an upcoming urban renewal project.

The current apartment is a 2-bedroom unit spanning 76 square meters with a sukkah balcony, currently rented for 6,000 ILS per month. Located on the third floor.

The building is entering an urban renewal process, making this an ideal investment with strong future potential.

Upon completion, you will receive a brand-new 3-bedroom apartment of 101 sqm, featuring a 12 sqm sukkah balcony, two bathrooms, private parking, an elegant lobby, and high-end technical specifications, all within a completely new building. In addition, the developer will provide monthly rental payments throughout the construction period.

 Flexible payment terms available.

Click here for a floor plan

 

 

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