New York? Check. Moscow? Check. London? Check, Check. Some of the most expensive real estate in the world comes to mind at the mere mention of these cities. Although Israeli real estate in cities like Jerusalem and Tel Aviv has always been highly covetable in a historical sense, prices haven’t truly reflected this high demand until more recently.
In Tel Aviv, Israel, the G Tower offers Tel Aviv’s most expensive apartment, a flat priced at $34 million. The Gindi Group, the developers responsible for the G Tower, recently announced the selling price for the triplex flat, which combines a former duplex and penthouse apartment on the 24th, 25th and 26th floors. The new apartment is located just under the triplex, which was purchased by the holder of controlling interest for Bank Hapoalim, Shari Arison, for $13 million. Not a bad price for prime Holy Land real estate.