An amazing opportunity in the heart of Tel Aviv: 214 Dizengoff Street. A 79.4 sqm apartment located on the quiet and pleasant section of Dizengoff. The apartment is on the first floor and includes parking. The apartment was renovated in 2013, updating the plumbing, adding new air conditioners, and renovating the flooring and bathroom (with jacuzzi). High 2.9 meter ceilings; currently a 2.5 room apartment with approval from the local planning and building committee for additional building according to TAMA 38. Final approval is expected to be received in the next 3 months, after which the developer has committed to complete the project within 20 months.

After renovations, the building will have an elevator and the apartment will include a 5.5 sqm balcony, newly renovated bathroom and kitchen, new windows, and electric blinds. The bedroom will be equipped as a “security room” (mamad). 
During renovations, owners will receive monthly payments of 6,000-10,000 NIS, according to an appraiser’s assessment. The contractor can be hired to renovate the interior of the apartment at a low cost, converting it to a 3-4-room apartment. It is expected that the value of the apartment after the TAMA will be between 3,800,000 and 4,100,000 NIS.

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