Own a piece of Tel-Aviv’s history.
Ultra-luxurious boutique project for sale in Tel-Aviv, located on the quiet, and pastoral Itamar Ben-Avi Street, right in the heart of Tel-Aviv neighborhood- 5 minutes walk to Ha-Bima National Theatre and Rothschild St, Evn Gbirol Street, Sarona Market, near Yehuda Halevi street and the best shopping, activities, cafes and shops the city has to offer. Also located close to the famous Cameri Theatre- true Tel Aviv living!
The new building is being built right behind and will be connected to the famous “authors house” one which housed some of the most famous writers in Israel’s history – the building will truly create a synergy of old and new and fuse history with the future of all that is Tel-Aviv
The project is being developed by the renowned developer, Itzik Tshuva. The interior design will be created by one of the top interior designers in Tel-Aviv and each and every buyer will be able to work with this interior designer to create and structure their home as they see fit and according to their tastes, as part of the purchase plan.
Each unit will of course come with high-end designs and specifications- smart-home, electra robotic parking space, Bulthaup Kitchen, and VRF air conditioning. The complex will house a spa, beautiful lobby, gym and more.
Penthouse Details: The entire 8th floor– 352.7 Sqm Interior + 98 Sqm Balcony + A private rooftop of 124 sqm with private pool, garden, views of the city and of the sea, and it is raised above the standard flooring to allot maximum coverage and views
TERMS OF THE DEAL:
Scheduled for completion in 36 months- as of permit approval.
Developer can give a commitment to whomever signs to finish the project in 36 months
Accompanying bank is Bank HaPoalim- entire deal is according to Israeli sales law- all of the money is ensured by the bank + price is final
Should the project run over, the developer will need to compensate the buyer if there is no commitment to end date per month.
Payment is linked to the israeli construction index – very stable
BEFORE PERMIT- 7% upon signing + additional 13% immediately following approval of permit
– AFTER PERMIT- 20% SIGNING 80% second payment prior to completion/ closing