REAL ESTATE: French Oleh Drops NIS 55 Million on 550-Square-Meter Tel Aviv Penthouse as Luxury Market Defies Broader Housing Slowdown
A NIS 55 million penthouse sale in Tel Aviv is sending a clear signal: even as Israel’s wider housing market cools, luxury buyers are still moving on rare, prime properties.
The buyer, a French businessman who recently made aliyah, purchased a 550-square-meter penthouse near Park HaMesila at roughly NIS 100,000 per square meter, part of a wider wave of high-end sales at YBOX Art, one of Tel Aviv’s most ambitious mixed-use luxury projects.
Read the full story and insights into Israel’s real estate market >>> https://jewishbreakingnews.com/french-oleh-drops-nis-55-million-on-550-square-meter-tel-aviv-penthouse-as-luxury-market-defies-broader-housing-slowdown/
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