A Unique Investment Opportunity – Prime Land for Hospitality Development

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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!

  • City: Jerusalem Suburbs
  • State: Israel
  • State: Israel

Details

Updated on January 13, 2025 at 9:30 am
  • Property number 38822
  • Price Ask for price
  • Property size 6500 SqM
  • Out door areas 18200 SqM
  • Property type Commercial Real Estate, Hotel / Tourism Real Estate, Plot, Plots
  • Property status For Sale

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