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TheMarkerEconomy

Retiree Couple Buys Northern Penthouse for Under $2 Million

Translated & summarized from TheMarker by baba

BusinessNeutral tone

Hebrew · Sole source

A retired couple from central Israel has purchased a new five-room penthouse in Kiryat Shmona for 1.99 million shekels. The couple had been living in a rental in the city for the past year as a trial before making the purchase. The penthouse features two levels, extensive balcony space, and views of the Hula Valley.

The story in 5 lines · by baba

  • A retired couple bought a new penthouse in Kiryat Shmona for 1.99 million shekels.
  • The couple relocated from central Israel after a year-long rental trial in Kiryat Shmona.
  • The penthouse is a 135-square-meter, two-level unit with large balcony spaces.
  • The property offers views of the Hula Valley and extends to Metula.
  • The buyers had long dreamed of moving to northern Israel.

A retired couple recently purchased a new five-room penthouse in Kiryat Shmona for 1.99 million shekels. The couple, who previously lived in their own apartment in central Israel, decided to move to the Upper Galilee region a year ago. They rented out their apartment and moved into a rental in Kiryat Shmona for a trial year.

The new penthouse is a two-level, 135-square-meter unit with two balconies, one 25 square meters and the other 100 square meters. It overlooks the Hula Valley all the way to Metula. According to the real estate agent involved in the deal, the buyers are a retired couple from central Israel who "loved to travel in the north their whole lives and toyed with the idea of moving to the area."

TheMarkerOther · Tel Aviv

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