Exceptional Investment Opportunity – Pre-Urban Renewal Apartment in Old Arnona, Jerusalem
Located in a highly desirable and upscale area on Beit HaArava Street,
this property offers a rare chance to invest ahead of a major urban renewal project (Pinui-Binui), currently in advanced stages of zoning approval (TABA).
🔹 Future apartment right for : Approx. 130 sqm with a 12 sqm balcony
🔹 Includes private parking and an 8 sqm storage room
🔹 No betterment tax (Hetel Hashbacha)
🔹 Monthly rental income starting immediately – throughout the construction phase and until delivery of the new apartment
🔹 Projected value increase of several million shekels on stages and upon completion of the project
✅ Significate saving on purchase tax
✅ Avoid betterment levies ( added upon zoning approval )
✅ Secure a high-end property at a uniquely low entry cost with limited premium !
The project is being led by a reputable and experienced developer, with financial backing and guarantees provided by a well-known institutional entity.
- The project will feature four lower buildings (8–10 floors each) instead of two taller towers—offering a more open, community-oriented feel.
- The apartment will benefit from three exposures, bringing in more natural light and air flow.
- There will be two balconies, not just one—adding to your outdoor space and comfort.
- The distance between the buildings will range from 11 to 14 meters, providing a very generous and open layout.
- Total of 169 units with average 100 sqm per unit .
- Three levels of indoor parking
- More than one tenants function room will be in the complex, not yet decided if it’s a gym, library or..
Looking for a smart real estate investment with high future value?
This is your chance to enter an upscale neighborhood with massive upside potential – before prices rise.
- All images and plans are for illustrations purposes and subject to permits provided by Feigin Architects
- The description above is subject to final permits
