Prashkovsky Launches New 205-Unit Project in Herzliya Galil Yam
Prashkovsky has launched a new 205-unit residential project in Herzliya's Galil Yam neighborhood, with prices ranging from 3.5 to 7.4 million shekels.
Prashkovsky Investments and Construction has launched sales for a new residential project in the Galil Yam neighborhood of southwestern Herzliya, featuring five boutique buildings with a total of 205 housing units. The development offers apartments ranging from three to six rooms, including garden apartments, mini-penthouses, and penthouses, with prices starting at 3.5 million shekels and reaching up to 7.4 million shekels. This initiative marks the company's return to the neighborhood, where it previously constructed ten fully occupied residential buildings. As part of the launch, Prashkovsky is offering special payment terms along with a full exemption from the consumer price index linkage.
According to the official price list, three-room apartments start at 3.5 million shekels, while four-room units begin at 4.03 million shekels. Five-room apartments are priced from 5.57 million shekels, and five-room garden apartments start at 6.7 million shekels. Mini-penthouses of five rooms are available from 5.86 million shekels, and six-room penthouses start at 7.4 million shekels. Designed by architect Kika Braz, each of the five buildings will feature an entrance lobby, a tenant club, a dedicated bicycle storage room, and three subterranean parking levels. The apartments boast spacious living areas, large balconies, and an innovative feature: an expanded secure room equipped with a private bathroom and toilet for everyday use and emergency preparedness.
The Galil Yam neighborhood is strategically located near the Seven Stars Mall, Herzliya Park, Reichman University, and the railway station. Prashkovsky is investing approximately 1.5 million shekels in an extensive marketing campaign across billboards, television, and digital platforms. Yossi Prashkovsky, chairman of the board, noted that the company is thrilled to return to Galil Yam with exceptionally spacious residences tailored to high demand in the area.
