Make one of Tel Aviv’s most unique properties yours. This 3 bedroom – 3 bathroom penthouse in the trendy Gan HaHashmal district in Lev Tel Aviv is located in one of the city’s most sought after and beautiful landmark buildings.
It’s no new news story that real estate prices in Israel are continuing to rise, and yesterday the government confirmed the hype. Prices throughout the country have risen 5% from the corresponding period last year, and 0.9% from Q4 2012. The greatest increases were seen in Tel Aviv, where prices jumped 11% from last year, and 2% from Q4 2012.
Tel Aviv is world famous for it’s vast collection of Bauhaus buildings, concentrated in the UNESCO designated White City section of the city. Over the past 15 years Tel Aviv real estate developers have fought tooth and nail to buy up these properties and restore them to their original form, commanding top-end prices for them throughout the city.