ROTHSCHILD BLVD TEL AVIV

ROTHSCHILD BLVD TEL AVIV 2018-07-15T13:36:16+00:00

Project Description

ROTHSCHILD
BOULEVARD

TEL AVIV

2010

Acquisition date

A unique property on Rothschild Boulevard with an area
of 600 sqm, with a building of 900 sqm on the site
and additional building rights, formerly a
business branch of Mercantile
Discount Bank

Date of Acquisition – 2010

2010

Betterment Activities

Property designation conversion to that of hotel in a short process through the local zoning committee, while adding building rights for another floor by power of TAMA 38 (National Planning Guidelines for Seismic Strengthening) and the option of commercial use of the basement floor

Current
status

The plan has been approved.

Date of Sale: 2014