R1, Ramat Gan – Hold

R1, Ramat Gan

The Location

Ramat Gan, located to the east of Tel Aviv, is one of Israel’s greenest cities, with 25 percent of its area covered in parks, gardens and nature. The city is part of the greater Tel Aviv metropolis, and is a center of business, commerce and entertainment. It is home to Israel’s famous Diamond Exchange, Shenkar College of Engineering, Design and Art, the Sheba Medical Center, the Ayalon Shopping Mall, the Zoological Center (the Safari), the Yahalom Theater and more. It offers a wide range of municipal services, including a highly regarded public education system, and excellent public transportation.

The Opportunity

In general, prices in Ramat Gan range between 25-30 percent lower than Tel Aviv.

Built to the highest standards, this 36-unit apartment building is located just few minutes away from Tel-Aviv and Ayalon freeway and within a walking distance to Hayarkon Park. It offers an excellent investment opportunity in the heart of Ramat Gan.

The Project

R1 is an urban renewal project (Tama 38/2), and will involve the demolition of an existing building and the construction of a new and modern one. 20 of the buildings 36 units are being offered by Hold at attractive pre-sale prices.