A 132 sq. meter, 5 room twentieth flooring house with a 28 sq. meter balcony overlooking the marina in Ashkelon with an open view of the ocean has been bought for NIS 4.37 million.
The house is within the Dimri Yama mission comprising three 24-floor towers on the junction of Yafe Nof and Moshe Dayan Streets. The towers are reverse the Marina Mall and the flats are anticipated to be occupied in February 2026. There are 5 flats on every of the primary 19 flooring and 4 flats on the twentieth to twenty fourth flooring. The mission has a health room, dry sauna, lounge for tenants with a small kitchen and furnishings and air-conditioned foyer.
In keeping with the Israel Tax Authority, flats within the mission have been promoting for NIS 28,000 per sq. meter with costs reaching NIS 40,000 per sq. meter within the smaller flats. This newest deal on the twentieth flooring represents NIS 33,000 per sq. meter.
The best quantity paid within the mission was in one other tower the place a 177 sq. meter penthouse on the twenty fourth flooring with a 35 sq. meter balcony was bought for NIS 6.09 million.
Above the marina, there are flats that had been constructed over the seafront within the late Nineteen Nineties and early 2000s. These tasks largely embody small 2-3 room flats, and costs are about NIS 18,000 per sq. meter. Newer, bigger flats in close by tasks attain costs of about NIS 20,000 per sq. meter.
Y.H. Dimri (TASE: DIMRI) VP advertising and marketing Amir Cohen says that the house is particularly luxurious with a panoramic view of the ocean in three instructions, 150 meters from the seafront and that is what attracted the consumers.
He says, “The house was purchased by a household of recent immigrants from the US. Not a younger couple, he works in high-tech and she or he is an architect with household in Israel. Within the first stage this will likely be a trip residence for them. Inside a couple of years they’ll turn into pensioners and so they plan to immigrate to Israel.”
The couple noticed the house with an agent and inside per week they decided with the ocean view a high precedence for them.
Cohen says, “We see a transparent development of accelerating curiosity from North America, and particularly on this mission. About 30% of the consumers are People. Half of them intend to reside right here, and the remaining are buying trip flats to be used four-five months a yr.”
Actual property appraiser Erez Cohen says, “This can be a excessive worth by Ashkelon phrases – about NIS 30,000 per sq. meter, actually, one of many highest costs we now have seen within the metropolis, particularly for an everyday house (not a penthouse or backyard house). Nevertheless, there are a number of causes for this. The house is in one of the sought-after places within the metropolis – Yaffe Nof Avenue, proper on the shoreline, in a prestigious mission with high-quality technical specs and a full sea view will stay open.
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“As well as, it’s a excessive flooring, which provides important worth, each when it comes to the view and when it comes to the sensation of privateness and luxurious. The Ashkelon market has undergone an upheaval lately, however luxurious flats in distinguished tasks like this nonetheless preserve demand from a powerful inhabitants, together with these shopping for a much bigger house and international residents.
“To sum up, that is an uncommon deal when it comes to worth, however not disconnected from the native actuality of the luxurious phase within the metropolis. It displays the potential of sure areas in Ashkelon, and particularly the demand for high quality properties with open sea views – even in a posh interval.”
The worth stage of the mission generally and the house that was bought specifically are most likely the best within the metropolis for prime density building tasks. Nevertheless, the extent of the specs is nearly non-existent in competing properties within the space.
Printed by Globes, Israel enterprise information – en.globes.co.il – on April 20, 2025.
© Copyright of Globes Writer Itonut (1983) Ltd., 2025.
