Come home today to this beautifully appointed 3 bedroom – 3 bathroom apartment for rent on Gordon Street in Central Tel Aviv. Ideally located just 2 minutes from Tel Aviv’s popular Gordon Beach, this modern building is the perfect address for anyone looking to live in the center of it all.
Rothschild 1 is considered by many in Tel Aviv to be the city’s most prestigious residential project. Soaring 32 stories over the Lev Hair (Downtown) and Neve Tzedek districts, this impressive project was completed in 2011 in the city’s most in-demand neighborhood. Rothschild 1 is unique amongst Tel Aviv projects, in that the building consists only of 37 apartments, a far lower number than any other residential tower in the city.
The Tel Aviv luxury property market has been heating up over the past few months, after seeing a short period of stagnation in deal volume and price increases. Tel Aviv’s great lack of top market property has been a growing issue for those looking to invest in Israel, and developers have begun to take heed, with new projects, both low-rise and high-rise beginning to hit the market.
It’s no new news story that real estate prices in Israel are continuing to rise, and yesterday the government confirmed the hype. Prices throughout the country have risen 5% from the corresponding period last year, and 0.9% from Q4 2012. The greatest increases were seen in Tel Aviv, where prices jumped 11% from last year, and 2% from Q4 2012.