Tel Aviv Park TLV Apartment Sells for 2.55 Million NIS Amid Active Market

A 3-room apartment spanning 75 square meters on Rabbi Yaakov Trav Street in the Park TLV neighborhood of Tel Aviv has been sold for 2.55 million NIS. Located on the 12th floor of an 18-story building, the property features a 10-square-meter balcony, parking, and a direct view of the park.

The apartment was originally listed for 2.68 million NIS and remained on the market for about two weeks. The sellers are upgrading to a new property elsewhere in the city, while the buyers are local residents who purchased the unit as an additional investment.

According to Guy Barel, team leader at RE/MAX win, the neighborhood is undergoing rapid development near the western entrance of Menachem Begin Park, which will soon connect to Ariel Sharon Park. The area is slated for about 2,000 new housing units and public institutions, attracting young families from central Tel Aviv and outside the city.

Recent Real Estate Transactions Across Israel

Petah Tikva:

Yehhiel Michal Pines Street (Mahane Yehuda): 5-room apartment, 118 sqm, 6th floor out of 8, sold for 2.48 million NIS.
Jabotinsky Street (City Center): 3-room apartment, 50 sqm, 1st floor out of 2, sold for 2.42 million NIS.
Avraham Taviv Street: 4-room apartment, 62 sqm, 2nd floor out of 3, sold for 1.85 million NIS.
Masaryk Street (Yoseftal): 3-room apartment, 43 sqm, 3rd floor out of 5, sold for 1.45 million NIS.

Rosh HaAyin:

Moshe Levi Street (Psagot Afek): 7-room apartment, 190 sqm, 4th floor out of 5, sold for 3.88 million NIS.
Mivtza Nachshon Street (Neve Afek): 4-room apartment, 84 sqm, 3rd and 4th floors, sold for 1.71 million NIS.

Beersheba:

Rosemary Street (Kiryat Meir Katz): 5-room apartment, 137 sqm, 9th floor out of 10 with elevator, sold for 2.2 million NIS.
Mordechai Maklef Street (Neighborhood V): 5-room apartment, 98 sqm, 1st floor out of 2, sold for 1.4 million NIS.
Dafna Street (Kiryat Meir Katz): 5-room apartment, 130 sqm, 4th floor out of 10, sold for 1.62 million NIS.

Tirat Carmel:

HaKalanot Street (Kalanot Neighborhood): 3-room apartment, 61 sqm, 1st floor out of 4, sold for 1.5 million NIS.
Sahlav Street: 5-room apartment, 124 sqm, 12th floor out of 22, sold for 2.42 million NIS.
Herzl Street: 3-room apartment, 70 sqm, 3rd floor out of 4, sold for 1.28 million NIS.

Yeruham:

Rihal Street: 5-room apartment, 101 sqm, sold for 1.1 million NIS.
HaMeshoreret Street: 6-room apartment, 140 sqm, 3rd floor out of 3, sold for 1.63 million NIS.

Zichron Yaakov: