Unique Real Estate Investment Opportunity – Luxury District in a Prime Central Location
For sale: a unique plot of approximately 52 dunams, located in a central and strategic urban area, ideal for the development of a luxury residential district with full commercial and leisure amenities. The plot is offered by a highly reputable family of developers with a proven track record of delivering significant projects both in Israel and internationally.
Key Investment Highlights:
• Partially approved urban plan (TBA), including:
o Approximately 100 residential units, with immediate building permit potential for the first phase.
o Full rights covering approximately 600 residential units, plus 620 hotel rooms and commercial spaces totalling approximately 10,000 m².
• Signed principal approval from the municipality for all rights, including commercial and hotel development.
• Flexible staged payment options: acquisition can be structured through phased purchase of shares in the holding company, optimizing taxation and financial planning.
• Proven risk management and expertise: sellers are fully responsible for advancing the TBA and building permits, with extensive experience in large-scale projects in Israel and abroad.
• Transaction value: estimated range of ILS 600–700 million, with the possibility of partial prior improvements already made, and negotiation based on an agreed comprehensive outcome-oriented price.
Transaction Principles:
• The transaction is carried out in stages according to the progress of TBA approvals, under the sole responsibility of the sellers.
• Payments are made according to the actual achievement of deliverables, ensuring flexibility and risk management for the buyer.
This is a rare opportunity to invest in a luxury project in a strategic location, offered by sellers with proven credibility and reputation in the real estate market.
Thank you very much.
Nisim Ezra, Engineer, Initiator, Consultant.
+972 54 4333470
Reshet Eshkolot Ltd.
resheteshkolot@gmail.com