A Unique Investment Opportunity – Prime Land for Hospitality Development
- Ask for price
A Unique Investment Opportunity – Prime Land for Hospitality Development
- Ask for price
Description
A Unique Investment Opportunity – Prime Land for Hospitality Development
Great location in one of the surrounding Jerusalem MOSHAVIM
We are offering a premium plot of approximately 18.2 dunams , designated for hospitality use, with building rights of 25% plus service areas,
allowing for an estimated construction potential of 5,000 to 7,000 square meters.
Property Rights Details:
- The property rights are leased with pre-paid terms, with 97.5% owned by the sellers and only 2.5% held by the an Cooperative Society (Moshav) , consolidated within a single company.
Planning Status:
We have initiated the process of obtaining a building permit for the development of a hotel with commercial spaces, spanning approximately 6,500 square meters.
Concurrently, we are exploring alternative development possibilities for the land.
Current Development Plan:
- 100 Guest Rooms:
- Approximately 60 ground-level units.
- Approximately 40 rooms within a 4-story main building.
- Commercial Areas:
- A conference/event hall.
- A spa and a pool (partially covered and partially open).
Main Building Details:
- Lower Ground Floor: Conference/event hall with views of the surrounding vineyards.
- Upper Ground Floor: Kitchen, lounge, spa, and pool.
- Two Upper Floors: 40 guest rooms (20 per floor), all offering panoramic vineyard views.
Additionally, a secondary, smaller structure is planned to support the ground-level units while maintaining functional separation from the main building.
An exceptional opportunity for tourism entrepreneurs and investors!
Address
Open in Google Maps-
City: Jerusalem Suburbs
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State: Israel
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State: Israel
Details
Updated on January 13, 2025 at 9:30 am-
Property number 38822
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Price Ask for price
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Property size 6500 SqM
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Out door areas 18200 SqM
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Property type Commercial Real Estate, Hotel / Tourism Real Estate, Plot, Plots
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Property status For Sale