US Buyer Purchases Tel Aviv Penthouse for $15 Million
Translated & summarized from Maariv by baba
An American Jewish buyer acquired a penthouse in Tel Aviv's Infinity Tower for NIS 55.5 million, with occupancy slated for early 2027. The luxury apartment spans two floors and includes large balconies with sea views. The Hageg Group's international department facilitated the sale, which is part of a strong sales record for the project, with 80% of units already sold.
The story in 6 lines · by baba
- An American Jewish buyer purchased a Tel Aviv penthouse for NIS 55.5 million.
- The luxury penthouse is located on the 51st and 52nd floors of the Infinity Tower.
- The apartment features 158 square meters of balcony space with open sea views.
- Occupancy for the penthouse is expected in early 2027.
- The Hageg Group has sold 80% of the 278 units in the Infinity project.
- The sale was handled by the developer's international department targeting overseas buyers.
An American Jewish buyer has purchased a penthouse spanning the 51st and 52nd floors of the Infinity Tower in Tel Aviv for NIS 55.5 million (approximately $15 million USD). The luxury apartment features expansive balconies totaling 158 square meters with unobstructed sea views. The price per square meter is approximately NIS 150,000, and occupancy is expected in early 2027.
The Infinity project, developed by the Hageg Group and located at the intersection of Ibn Gabirol and Jabotinsky streets, is nearing completion. This penthouse is one of two in the tower, offering panoramic views of the sea and the Gush Dan skyline.
As of August, 221 out of 278 housing units in the Infinity project have been sold, representing about 80% of the development, with 57 units remaining. The project has maintained a high sales pace, with this significant transaction following numerous others.
The deal was facilitated by the international department established by the Hageg Group two years ago, which targets global clients through specialized campaigns for overseas residents. A substantial portion of the group's sales now come from international buyers, including those from Jewish communities worldwide.
A spokesperson for the group stated that success in this market requires understanding client needs and preferences to identify what makes a property unique and valuable to them, highlighting the penthouse deal as a result of such deep client understanding.
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