The Evolution of Tel Aviv’s Luxury Property Market

The Evolution of Tel Aviv’s Luxury Property Market

Israel’s luxury property market, led by Tel Aviv, is on the move; not a revolution but an evolution, and the arrival of London-based Beauchamp Estates, a global leader in luxury property, is a good barometer of the market.

Israel’s luxury boutique hotels rival the best in the world — The Norman, also home to the Israel outpost of high-end London restaurant, Dinings, and the world’s first Renoma Hotel, named after French artist Maurice Renoma, who was acclaimed by Warhol, Lennon and Picasso. The interiors have been curated by Renoma himself.

Matthew Bortnick, our co-founder, says: “Many people think of Tel Aviv as ‘shabby chic’, but it is a fast-paced global city, now with an infrastructure and social scene to match, having built an international reputation for tech and IT; it is no coincidence I think that Apple, Microsoft, Google and Waze, along with a number of gaming and security software development firms are located here.”

To read the full article in the Jewish Chronicle, click here.