פינצטה נכסים Case studies - buying apartments in Tel Aviv 2019

Hey! This time we'll talk about the Tel Aviv quarters, and we'll analyze 2 real estate deals: the area, the asking price, how long the apartment was on the market, and at what price the deal ended. Let’s start with the city's quarters. Like every major city, Tel Aviv is divided into quarters and each district has its own unique aspects. In the following videos, we will talk about the uniqueness of each quarter and transactions made there. Let’s start in the center of the city: the 3rd district called the Old North, the 4th district called the New North, and the 5th, the historical district called the “heart of the city.”. We'll focus on areas 3, 4, and 5 that usually interest our customers, and today, we will focus on the 3rd district called Old North. The street that separate between the Old north to the New North is Even Gvirol.
Let's talk about prices. The Old North is considered to be an expensive quarter and the area near the beach is the most expensive part. Because of the parking shortage in the area, adjacent parking to the apartment significantly increases the Price, sometimes to more than 100,000$ and 150,000$. Regarding transactions made in Old North in 2017, the data is based on the data of the Tax Authority. Of course, this is an average and does not give us information about whether there is an elevator in the building ? There parking adjacent to the apartment and air directions ?
In 2017, 565 apartments were sold in the Old North at an average price of seven hundred seventy thousand dollars, which is equivalent to two million, nine hundred two thousand Israeli Shekel. The average price per square meter was thirteen thousand, three hundred dollars.
And now, 2 case studies on sales transactions in the Old North District reveal the following information: The 1st. apartment that was made available sold in Amos 36. The actual apartment area was 71 square meters with 3 rooms, 3 floors, parking, no elevators, directions facing north, west and south, a front view of Amos Street which is quiet and green, good apartment state that can continue to rent in as-is condition, and a good location on a quiet street.
The apartment was published on July 31st, 2017 and it sold on February 12, 2018.
for eight hundred forty-eight thousand dollars, or three million, two hundred twenty thousand Israel Shekel. For full Details please click on the link Below .
www.pinzeta.or...
The second deal is an apartment that sold on Hayrkon 173. Here is the building and the Apartment and location, and here is the location. As you can see, it’s 50 meters from the tel aviv marine and Hilton beach. The actual apartment area is 63 square meters, with two and a half rooms, three floors, no parking and no elevators. It faces west and south, with a front view facing west sea view. The apartment is in good condition.
The property sold on June 24th 2018 for seven hundred fifty five thousand dollars, or two million, eight hundred forty five thousand sheckel.
For full Details please click on the link Below .
www.pinzeta.or...