Jerusalem Garden Apartment Sells for $1.5 Million, Exceeding Market Value
Translated & summarized from TheMarker by baba
BusinessNeutral tone
Originalרכש את הדירה של השכנים ב-5.6 מיליון שקל — ויקבל דירת 240 מ"ר עם גינה ענקיתThe story in 4 lines · by baba
- Jerusalem apartment sold for 5.6 million shekels.
- Sale price significantly exceeded market value.
- Neighboring buyer outbid current tenants.
- Apartment features a large garden and safe room.
A four-room garden apartment in Jerusalem's Kiryat Moshe neighborhood recently sold for 5.6 million shekels (approximately $1.5 million), a price significantly above its market value. The apartment is located in a 35-year-old, four-story building on Eliezer Levy Street. It spans 105 square meters with an additional 126 square meter garden, and includes a safe room, storage unit, and parking.
The apartment was initially listed at a market value of 5 million shekels. The current tenants offered 5.3 million shekels, but a neighbor then increased their offer by an additional 300,000 shekels, leading to the final sale price of 5.6 million shekels.
Read the original at TheMarker