German Colony – Pre-Construction Opportunity | 101 sqm on Hamagid Street
New apartment – 101 sqm with 12 sqm succah balcony
A full redevelopment: the old structure will be cleared away, making room for a brand-new, state-of-the-art modern building
Prime Location – 6 Hamagid Street, Near the Orient Hotel and the museum of nature
A rare opportunity to own a future luxury apartment in a redeveloped building under Tama 38/2 code ( full demolition )
✅ Building permits pending approval
✅ Top-tier national developer
✅ Exclusive pre-sale discount – 20% off future market price
The apartment will feature 101 sqm of interior space plus a 12 sqm sukkah balcony (total equivalent 107 sqm), along with underground covered parking, private storage, and a Shabbat elevator, all within a brand-new boutique building.
The project is in the final stages before permit issuance, following Jerusalem Council committee approval and resolution of objections.
The developer is now advancing to the final permit stage.
📈 Market Outlook
Similar new projects in the area are currently selling at 70,000–75,000 NIS per sqm,
which values this apartment at 7,490,000 – 8,025,000 NIS.
💡 Our Offer
We are offering this apartment today for only 55,000 NIS per sqm – a total of 5,950,000 NIS (paid in full today).
Until completion (estimated at 36 months from the start of on-site works), the buyer also collect monthly rental income of approx. 7,000 NIS.
⚠️ There is only one such opportunity available.
Property Details:
Current: 2-bedroom, 76 sqm, top-floor (3rd) unit.
After Construction: 3-bedroom, 101 sqm + 12 sqm south\east-facing sukkah balcony.
Features: Elegant lobby, elevator, private covered parking.
💰 Future price: 7.5M-8.0M NIS | Pre-sale price: Limited-time discount!
📍 Steps from Emek Refaim, First Station & more sought-after spots
Contact us now to secure this exclusive pre-sale deal!
Balcony view is the approximate expected view from the future to be built unit.