Exceptional Investment Opportunity – Pre-Urban Renewal Apartment in Old Arnona, Jerusalem

Located in a highly desirable and upscale area on Beit HaArava Street,

this property offers a rare chance to invest ahead of a major urban renewal project (Pinui-Binui), currently in advanced stages of zoning approval (TABA).

SOLD SOLD SOLD SOLD SOLD SOLD

🔹 Future apartment right for : Approx. 130 sqm with a 12 sqm balcony
🔹 Includes private parking and an 8 sqm storage room
🔹 No betterment tax (Hetel Hashbacha)
🔹 Monthly rental income starting immediately – throughout the construction phase and until delivery of the new apartment
🔹 Projected value increase of several million shekels on stages and upon completion of the project

✅ Significate saving on purchase tax 
✅ Avoid betterment levies ( added upon zoning approval ) 
✅ Secure a high-end property at a uniquely low entry cost with limited premium !

The project is being led by a reputable and experienced developer, with financial backing and guarantees provided by a well-known institutional entity.

A few important highlights to note:

1. The project will  feature four lower buildings (8–10 floors each) instead of two taller towers—offering a more open, community-oriented feel.
2. The apartment will benefit from three exposures, bringing in more natural light and air flow.
3. There will be two balconies, not just one—adding to your outdoor space and comfort.
4. The distance between the buildings will range from 11 to 14 meters, providing a very generous and open layout.
5. Total of 169 units with average 100 sqm per unit .
6. Three levels of indoor parking
7. More than one tenants function room will be in the complex, not yet decided if it’s a gym, library or..

Looking for a smart real estate investment with high future value?
This is your chance to enter an upscale neighborhood with massive upside potential – before prices rise.

• All images and plans are for illustrations purposes and subject to permits provided by Feigin Architects
• The description above is  subject to final permits

Disclosure : The property belongs to the family of one of our firm’s agents