What are the current market trends? How is the state of the Tel Aviv real estate market? The Maki Group’s Mati Bortnick takes it on in his column in The Times of Israel. To read the full February 2012 Tel Aviv Property Report, read on.
Records are broken all the time in Israel, with the past few years seeing a number of them shattered. This time its happened in the Tel Aviv luxury rental apartment market, with a 6 bedroom, 320 square meter apartment in the Remez Tower, located in Tel Aviv’s prestigious Old North neighborhood.
Private homes in Tel Aviv’s central neighborhoods are extremely hard to come by, with less than 30 still remaining. Investors and homebuyers have for many years sought in vain to get their hands on the precious few than come onto the market, to no avail. Israel’s prominent business journal, Globes, reported this week
Tel Aviv’s luxury real estate market is as robust and healthy as ever, with 7 of Israel’s highest priced transactions occurring in the city over the past year. While homes on the tony Tel Aviv waterfront dominated the list, apartments in the Lev Hair and New North neighborhoods also appeared