Apartment Listing: Dizengoff @ Bazel $500K 45mtr-sq 1 Bdrm

Apartment listed in north Dizengoff realtor: 45 sqr-mtr, 1 bedroon, US$ 500,000

The prices of Tel Aviv apartments are still going up. After years of steady and fast rise, Tel Avivian's are no longer screaming, protesting or surprised. A short spurt of foreign buyers, seems most likely French from the street level sounds, are keeping sellers happy. The state tried to stem the quick rise in housing prices will all kind of programs. Yet housing starts, tax incentives and even reduced building red-tape is still alluding Israelis. This listing, common in north Tel Aviv realtor windows, lists a one bedroom 45 square meter apartment for two million shekels. Sticker shock is common to foreigners, but quickly fades once people see a few properties and compare prices. For the most part, prices for similar apartments are fairly uniform. Most apartments in desirable locations are new or renovated and in good condition. Happy house hunting  ;-)