Last Penthouses in Elad Project Offer Special Financing
Translated & summarized from Behadrei Haredim by baba
Barzani Group is offering the last penthouses in its Arkada project in Elad, Israel, with a special financing deal. Buyers can secure up to 1 million shekels with a fixed 2.99% interest rate for 20 years. The project, which includes 290 housing units and commercial space, is nearing completion and aims to help local families upgrade their homes.
The story in 5 lines · by baba
- Barzani Group offers financing up to 1 million shekels for penthouses in Elad's Arkada project.
- The financing includes a fixed 2.99% interest rate for 20 years, unlinked to the index.
- The Arkada project features 9 buildings with 290 housing units and 5,000 sqm of commercial space.
- Penthouses range from 143 to 184 sqm with large balconies and yards.
- The project is located in a desirable area of Elad, near amenities.
The Arkada residential and commercial project in Elad, developed by Barzani Group, is nearing completion. Located at the intersection of Yehuda HaNasi and Shimon HaTzadik streets, on the border of old and new Elad, the project is in its final stages. Arkada, originally Elad's first "Mechir L'Mishtaken" (buyer price) project, comprises nine residential buildings with approximately 290 housing units and 5,000 square meters of commercial space. It is now offering its final penthouses, aimed at those looking to upgrade their homes.
The penthouses range from 143 to 184 square meters, featuring sukkah balconies and yards from 60 to 110 square meters. Interior features include smart home systems, central air conditioning, large 1x1 meter floor tiles, and a luxurious lobby. The project's location is highlighted as a key advantage, being within walking distance of educational institutions, synagogues, and commercial centers.
Barzani Group is offering a special financing option for penthouse buyers: up to 1 million shekels over 20 years at a fixed, unlinked interest rate of 2.99%. This offer aims to provide financial certainty amidst concerns about rising repayment costs. "Arkada has proven there is real demand for new and quality apartments in Elad," stated Barzani Group. "The penthouses are the final chapter of this story, and with the current financing plan, we want to enable families from the city to upgrade without leaving their neighborhood."