A new penthouse in a tower in Tel Aviv was sold for 55.6 million shekels, an amount that indicates a significant increase in the luxury real estate market in the city. The apartment, spanning 293 square meters on the 51st and 52nd floors, includes terraces totaling 158 square meters. The buyer, an American Jew, will pay 190,000 shekels per square meter, a relatively high price compared to similar transactions in the city, but not among the highest recorded on Rothschild Boulevard and the coastline. The deal, announced by the Hajjaj group, demonstrates the growing demand for luxury apartments in Tel Aviv, even when it comes to exceptional prices. Additionally, it should be noted that the buyer will separately finance the finishing works, indicating that the total price of the property may rise even further. The market continues to show signs of resilience, with transactions reaching price levels not seen before.
55.6 million shekels, before completion: how expensive is the penthouse sold by Hajjaj?
Source Themarker
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