אלוף אסף שמחוני, נתניה

Aluf Asaf Simkhoni, Netanya — For sale

Discover an exceptional investment opportunity in the highly sought-after northern area of Netanya. Located on Asaf Simkhoni Street, this property is part of an advanced 'Pinui Binui' (urban renewal) project led by the Israel Europa group. Currently, the property is a well-maintained and tidy 3-room apartment spanning 64 sqm on the 3rd floor of a walkup building. It is in good condition, equipped with a solar water heater and split AC, and is completely ready to be rented out immediately. This allows you to generate steady rental income while the development project progresses. The real value lies in the future: upon completion of the urban renewal project, owners will receive a brand-new, modern apartment of approximately 76 sqm. This future home will feature a spacious 12 sqm balcony and secure underground parking. With the majority of signatures already secured and town planning schemes (Taba) currently being submitted, this is a prime opportunity for forward-thinking investors.