Forget what you’ve heard about Southern Tel Aviv. The entire area is undergoing a significant facelift. Old, dilapidated buildings are being torn down and new, spacious, and modern apartment complexes are cropping up all over the city’s old South. Leading the urban renewal charge are veteran real estate developers, Yuvalim Group and City Boy, who’ve come together to inject new life and better quality of life to the Florentine area, with several residential properties in various stages of development and construction.
When city living is in your soul
Construction is already underway on The Cube, a boutique, 6-story apartment complex with commercial space at the entry level, in the heart of Tel Aviv, on Nachlat Binyamin Street,. Located in the center of one of the city’s most dynamic and intriguing leisure and commercial areas and in close proximity to the Levinsky Market, Rothschild Street and other shopping and entertainment attractions, this project is intended for those who are truly passionate about city living. Designed by Bar Orian Architects, large windows will overlook the revitalized neighborhood, and sleek, modern and natural materials create a clean, yet calming interior look and feel. Apartments in this complex can be leased for approximately 8,500-9,000 ILS per month for a 3 room apartment. The location is perfect for short-term rentals for both Israelis and tourists.
Honoring the past while heading towards the future
Another two exciting projects underway are the Hazanovich and Teodor, a tribute to the namesake of the street it is being built on, Herzl. Two impressive residential towers surrounded by a lush, green garden, within which a historical structure being renewed by the developers stands. The project’s 160 2-2.5 room apartments, duplexes and penthouses are already being presold and can be leased at 7,000 ILS per month for a 2 room apartment. The materials and technical specifications included in each unit are high-end and innovative, taking into account the smallest details. And, as each apartment comes with its own parking spot and can be customized to reflect each buyer’s design preferences, it is expected that they’ll be swept up and sold in the blink of an eye, before sitting down for a bite to eat or a drink at any one of the local eateries.
The Hazanovich project offers 3-4 bedroom apartments and beautiful garden and penthouse apartments.
All of the Yuvalim Group & City Boy projects are being developed in full compliance with Israel’s Sales Law, and are backed by bank guarantees.
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