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Tel Aviv house sold for NIS 63m

by Arik Mirovsky
September 7, 2025
in Business
Reading Time: 1 min read
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Luxurious Tel Aviv realtor Rafi Kalina carried out on his personal behalf the most costly deal within the metropolis prior to now yr, promoting his home within the Tzahala neighborhood for NIS 63 million. The value is roughly 3 times the costs of different luxurious properties not too long ago bought within the neighborhood.

The consumers are a pair of their forties within the fintech enterprise. The property is at present present process intensive renovations and diversifications for the brand new homeowners.

The excessive worth paid for the home is a operate of a mixture of a novel location, a big plot – 1,060 sq. meters in space, which compares with a median of 500-800 sq. meters within the neighborhood – and the imposing 728 sq. meter home.

The home is at quantity 19, Hashoshanim Avenue, on the north-east nook of the neighborhood, which is in excessive demand. It’s nearly utterly secluded from the neighbors, and borders open land that’s inside the jurisdiction of the Ramat Hasharon municipality.

The property’s seclusion is about to be partly disturbed, since a plan for a leisure strip for Ramat Hasharon, that can embrace residential towers, has been authorized for the adjoining space. In different phrases, the neighboring fields will change their character within the close to future, though this is not going to have a drastic impact on the home.

Rafi Kalina declined to touch upon the matter.

Revealed by Globes, Israel enterprise information – en.globes.co.il – on September 7, 2025.

© Copyright of Globes Writer Itonut (1983) Ltd., 2025.




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