In the heart of historic Jerusalem on Lincoln Street in elegant Talbiya, near prestigious hotels like the world famous Waldorf-Astoria and the old world King David, a new building project is taking shape. The unique apartment building will be seven stories tall and sit on a site of 1,200 square meters.
The building is located on private land, not church-owned land, all payments to the developer are guaranteed by Israel’s largest bank, Bank HaPoalim.
The project, built to the highest standards, enjoys spectacular views of the Old City walls as well as the historic YMCA building and Independence Park. The modern building, meticulously planned and designed, will boast 40 apartments of three and four rooms as well as spacious and luxurious penthouses. Each apartment will have a private terrace, underground parking, and its own storage space.
The project is located in one of Jerusalem’s most desirable and exclusive neighborhoods, a short distance from popular venues such as the Old City, the Western Wall, the Tower of David, Mamilla, the Great Synagogue and many of Jerusalem’s finest hotels. Much of the area is a designated conservation area, where prices are likely to rise in the future.
The project is being developed jointly by E. Greenboim Developers and Builders Ltd. and Ihud Construction Foundations Ltd., both companies with many years of experience developing and constructing projects in Jerusalem as well as surrounding areas and with much experience in residential construction.
Exclusive sales are being handled by Duchanov Investments.
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