A 6-room penthouse with an area of 188 m² in Ashkelon was sold again for 7.5 million shekels, after the previous transaction was canceled. The penthouse is located in the "Briza" project of the Afged company, in a prestigious area east of the marina, where apartment prices are high. The current transaction was made by a foreign resident buyer, after the previous buyer, a retiree, failed to sell her previous apartments, leading to the cancellation of the deal. Although the price was maintained, market analysis indicates a real decline in prices in the real estate market. Dekel, the marketing director of Afged, noted that proximity to the sea significantly affects the property's value, adding that luxury real estate buyers are less sensitive to market fluctuations. In the "Briza" project, foreign residents account for over 20% of buyers, and the current transaction demonstrates the demand for luxury apartments in the area.
The deal canceled after two years, and the penthouse sold again at the same price
Source Globes
Want to estimate a property in minutes?
Chat with Yoori's AI to get an estimate and find listings.
Open Yoori