6 Residential Plots in Jerusalem

ID 68
Type Residential lot/s
Location Jerusalem
Region Jerusalem area
Price $5,256,484

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6 plots with a beautiful view of the city of Jerusalem

 

The district planning committee has given approval for 4000 square meters of residential building on these plots.

The land is located between the Talpiyot industrial area, Kibbutz Ramat Rachel and Gilo.

 

The maximum number of homes allowed by the planning committee approval is 48 (6 plots x 8 units per plot)


Property can be purchased as a whole or as little as 1 plot.

 

The price per "unit" for similar plots in this area (with building permit) is 550,000 ILS / $151,098 USD.

Our price for each plot is 3.04 million ILS, a mere 380,000 ILS per unit

The price for the entire property (all six plots) is 18.24 million ILS / $5,256,484 USD

The value of each apartment (8 per plot) is 1.4 – 1.7 million ILS


In addition, a separate plot has been approved for building and is being offered for 3.1 million ILS/ $851,000 USD
This plot is 1000 square meters and 8 units (of 4-5 rooms per unit) can be built on it.

This plot is being offered by a seller in the Los Angeles, so the entire deal can be completed in the US.

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