Demand for apartments in Israel is at an all-time high, with neither locals nor foreigners letting the global coronavirus pandemic prevent them from getting their hands on highly-coveted real-estate in the “Start-up Nation.” Over 5,300 new apartments were purchased in May of 2021 alone; 60 percent higher than the monthly average at any point in the previous year. The Central Bureau of Statistics additionally revealed that Israeli real estate prices have surged by 7.2 percent in the past year. This, despite multiple countrywide lockdowns, and record-breaking unemployment rates, whenever infection rates spiked. With an annual house price increase nearing 10 percent, now’s the time to cash in and acquire an apartment in Israel.
In particular, demand for apartments in Tel Aviv that look stunning and don’t break the bank has always remained steadfast. Regardless of whether you’re looking for your next best investment opportunity or a way to avoid lengthy commutes to and from the Greater Tel Aviv area without having to sell an organ, purchasing an apartment in Tel Aviv is a great way to increase the value of your hard-earned money.
Claim your stake in the Tel Aviv metropolis, with Metropolis TLV
Having entered the real estate development and construction market in 2011, Metropolis quickly rose to the ranks of one of Israel’s largest and most significant construction and urban renewal companies. The company’s knowledge, professionalism, managerial experience, and customer-centric approach ideally and consistently position Metropolis as a leader in transparency and fairness.
The company has 40 complex construction and urban renewal projects encompassing over 6,000 housing units to its name, of which 700 have already been occupied in the most sought-after cities in central Israel: Givatayim, Ramat Gan, Herzliya, and, most excitingly, Tel Aviv. Metropolis’ boutique buildings and luxury complexes bring their residents into the pulsing heart of Israel’s business and social epicenter, providing comfortable living and an unmatched return on investments.
A boutique building bonanza
Located on 49 Yehuda HaMaccabi Street is the "&Yuda" - a boutique apartment building that melds modern architecture with its well-known and diverse surroundings: the beach, parks, great schools, and lots of leisure spots. The project’s 2-4 room balcony apartments, and mini and full-sized penthouses are all designed to shine and can be accessed either from an impressive lobby or from the building’s underground parking; a rare, guilty pleasure in Tel Aviv! Permits have been received and construction is already underway.
Another project that has already been granted permits is the "&Lue", a boutique apartment building on 41 Louis Marshall Street, also located in Tel Aviv’s idyllic “Old North.” 7 stories of 3-5 room and premium apartments will be in spitting distance of the best of what the city has to offer: eateries, the Tel Aviv Port, Yarkon Park, quality schools, and more. The exquisitely designed lobby and underground parking lot will simply be icing on the cake. Construction is scheduled to begin in early 2022.
For those investors seeking to bank on Israel’s prosperous medical tourism industry, The Weizmann is an excellent option. Across the world-renowned Ichilov hospital, The Weizmann offers its residents an elegant apartment building to use as a “home base” when seeking medical treatment in Tel Aviv, as well as an urban “nest” for those looking to take in the true Tel-Aviv experience during their visit to Israel: shopping on Dizengoff, dining on Ibn Gvirol, strolling through green urban parks, and more.
Three other Metropolis projects are also expected to bring a boutique feel to the bustling city: Antokolski 15-17, Reading 22-24, and four urban renewal buildings on Alterman 6-12 Street, in the serene Neot Afeka neighborhood. These projects’ designs perfectly integrate high standards and intimacy, so that residents can live in Tel Aviv while feeling like they’re in their own, private and relaxing bubble.
Another Metropolis project in the green and serene Neot Afeka neighborhood is the Padova 19-21-23 project. Built in conjunction with the Arison Group’s Shikun & Binui company, this premium apartment complex is designed to include 8 luxury apartment buildings, characterized by high construction standards, rich specifications, and exceptional planning. The 292 spectacular apartments in this project will be surrounded by lush greenery, succulent dining options, plenty of commercial and leisure activities, and convenient public and private transportation routes. The project’s renowned architect, Orit Milbower, will not disappoint.
Living in comfort & luxury
It’s safe to say that Metropolis TLV is reinventing the Tel Aviv metropolis, making their projects savvy investments with exceptional expected returns. &Yuda and The Weizmann are already on the market; visit the company’s website to learn more about your next best investment opportunity, Today! >> or dial *5995 for further information.