Nofei Rachel Project in Southern Jerusalem
The Israel Land Fund is proud to announce a new project in southern Jerusalem, Nofei Rachel. The land is comprised of 55 plots totalling 23 dunams (5.75 acres). The land is already zoned for building one 170 square meter private home on each plot. We will submit a rezoning proposal to obtain approval to build several apartments on each plot instead of one private home.
We are looking for investors to purchase the 55 plots for 400,000 ILS each.
This investment should provide a 20%-25% return in 5 years along with the rezoning of the land.
If you have any question or would like more info on the Nofei Rachel project, contact us ASAP!
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