Land for investment in Jerusalem
Land that is in the process of zoning change and according to a national outline plan is designated for an urban fabric. The plan is in the preparation stages, within which about 10,000 housing units are planned to be built and it is a direct continuation of the White Ridge plan which was approved by the national council for the purpose of establishing a new residential neighborhood with the scope of about 5,250 housing units in Prime Location.
The land is located northwest of the requested Moshav Ora and on its eastern side lies the neighborhood of Kiryat Menachem and further south the neighborhood of Ir Ganim and Givat Hamesua.
This is the best and most beautiful place in Jerusalem adjacent to the White Ridge project in question
The land is located near the Hadassah Ein Kerem Hospital, in a location with easy access to exit the city and close to the JBP Biotechnology Industrial Park
The project currently led by Climax in Jerusalem is one of the most important for the future of the capital of Israel: 10,000 housing units to be built on the land reserve, among the last remaining in Jerusalem, as part of the Rounding Hadassah Ein Kerem program. The project is a direct continuation of the White Ridge plan which was approved by the national council, and actually constitutes the next stage in the regional development.
To understand the importance of the Climax project in Jerusalem, one must dive into the capital’s boiling real estate market, where prices are skyrocketing. The cost of a new 5-room apartment is currently sold for approximately 4.5 million NIS . Part of the price increase is due to the fact that in a city where about a million people live, there are almost no land reserves for construction, but the demand for housing there is always on the rise.
We at Climax make sure to make the premium lands of great value available to you for future investment, and believe that due to the fact that the land at this stage is not available for construction, this is the right and exact time to invest in it, since, with the progress of the plan and/or its approval, the value of the land is expected to jump by hundreds of percent.
We believe in transparency throughout the entire process, and the land reserve in Jerusalem also underwent a strict inspection by an appraiser according to the strict 22 standard.
