Excellent offer and apartment in Rassco Jerusalem
  • ₪2,980,000

Description

Excellent offer and apartment in Rassco Jerusalem

A rare opportunity to purchase a well maintained apartment with significant upside potential
in one of Jerusalem’s quietest and most desirable residential neighborhoods.

Property Details

  • Shimoni Street – Rassco Neighborhood, Jerusalem
  • 2 Bedroom Apartment
  • Approx. 70 sqm
  • 2nd Floor with Elevator
  • Elegant Jerusalem stone building with only 9 residents
  • Well maintained entrance lobby
  • Fully accessible building
  • Shared parking with electric gate
  • Building shelter

Renovated & Well Maintained

The apartment was renovated approximately 13 years ago,
including upgraded plumbing and electrical infrastructure,
and offers a comfortable and welcoming living environment
for young families, couples, or downsizers.

Exceptional Upside Potential –  Advanced Tama 38 Project

A major advantage for future buyers:
A Tama 38 urban renewal project was officially submitted in 2025
with full agreement from all building residents,
and the process is already underway.

Upon completion, owners are expected to benefit from a fully renovated
modernized building, while the apartment itself is projected
to become a spacious 3 bedroom residence with substantial appreciation potential.

This creates a unique opportunity to purchase today at a price
reflecting only a relatively small premium compared to the significant future value increase anticipated.

Ideal For

Young Families

Quiet and high quality neighborhood with strong long term potential.

Empty Nesters

Comfortable and accessible apartment in a boutique building and desirable area.

Investors

Rare opportunity to acquire a property with strong appreciation potential
through an urban renewal project in Jerusalem.

Asking Price

NIS 2.98 Million

Contact Us for More Information or to Schedule a Private Viewing

Reach out today to learn more about one of the most compelling opportunities
currently available in the Jerusalem real estate market.

 

  • Address: דוד שמעוני
  • City: Jerusalem
  • State: Israel
  • Area - neighborhood: Rassco
  • State: Israel

Details

Updated on May 8, 2026 at 11:02 am
  • Property number 43987
  • Price ₪2,980,000
  • Property size 70 SqM
  • bedrooms 2
  • Rooms 3
  • Bathrooms 2
  • Property type Apartment
  • Property status For Sale

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