11/25/12 The Yeshiva World The Rising Price of an Apartment in Yerushalayim

The Rising Price of an Apartment in Yerushalayim

(Saturday, November 24th, 2012)

The Marker released a study addressing the rising prices of apartments in the capital. The prices listed below refer to 2 bedroom apartments at the addresses listed.

An apartment at 17 Shaul Avigor Street sold in 2007 for 916,000 NIS and today, a comparable apartment sold for 1.02 million NIS, an increase of 17% in 5 years.

An apartment at 16 Lincoln Street sold in 1999 for 847,000 NIS and today, a comparable sold for 1.9 million NIS, a 225% increase in 13 years.

An apartment at 19 King David Street sold in 2001 for 915,000 NIS and today, a comparable unit sold for 2.5 million NIS, an increase of 300% in a decade.

An apartment at 10 Columbia Street sold for 355,000 NIS in 2004. Today, a comparable apartment in the building sold for 765,000 NIS, a 215% increase in under a decade.

(YWN – Israel Desk, Jerusalem)

3-bedroom apartment, 150 sq meter apartment, only NIS 600,000.

2-bedroom apartment in new building, right across the street from the beaches of the Kinneret, only NIS 480,000

4-bedroom, city center, walk to the Old City of Safed, only NIS 850,000

You don’t need a million shekels for a 2-bedroom apartment in northern communities, Make Northern Israel Your Home