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American immigrants rent Tel Aviv home for NIS 100,000 per month

A businessperson and his family who recently immigrated from North America have rented an entire floor in a luxury tower on Frishman Street in Tel Aviv for NIS 100,000 per month. The spacious apartment covers 480 square meters and includes a large balcony, four bedrooms with en-suite bathrooms, and a cinema room, offering panoramic views of the city. In addition to the rent, the tenants will pay significant management fees and municipal taxes, reflecting the high-end nature of the property.

The building, constructed in 2012, features amenities such as a gym, pool, residents' room, and parking, with the new tenants receiving four parking spaces. The rental was brokered by local real estate agencies specializing in luxury homes for international clients. The owners, an Israeli family living abroad, decided to rent out the apartment after purchasing another property in Tel Aviv.

According to real estate experts, demand for luxury properties in Tel Aviv remains strong, especially among international buyers, despite broader market trends. The recent deal highlights the unique dynamics of the city's high-end real estate sector.

Original article source: https://en.globes.co.il/en/article-american-immigrants-rent-tel-aviv-home-for-nis-100000-per-month-1001532706
Source Id: 9053361512

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