Steps from the Mediterranean: Renovated Historic Gem Near Royal Beach Hotel – 7,000,000 NIS
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EXCLUSIVE For Sale 6 photos
Apartment Hamashtela, Tel Aviv

Steps from the Mediterranean: Renovated Historic Gem Near Royal Beach Hotel – 7,000,000 NIS

5,700,000 ₪
$1,875,300 · €1,647,300
Photo 1 Photo 2 Photo 3 Photo 4 Photo 5 Photo 6
4
Rooms
141 sqm
Area
3
Floor
40,426
Price/sqm

About this property

What if your investment address was just 100 meters from the Tel Aviv shoreline?

Nestled on a peaceful street beside the iconic Royal Beach Hotel, this beautifully renovated 85 sqm apartment sits within a character-rich historic building that has been thoughtfully modernized for contemporary living. On the 2nd floor with elevator access, the layout offers 2 bedrooms, 2 bathrooms, and a private balcony — all finished to a standard that appeals equally to owner-occupiers and discerning tenants.

Key highlights for buyers and investors:
• 85 sqm interior + 5 sqm balcony
• 2 bedrooms / 2 bathrooms
• 2 private parking spaces — a rare asset in central Tel Aviv
• Air conditioning, solar water heater, and a notably quiet setting
• Estimated rental yield: ~3.2%, with strong short-term rental upside given the beachfront proximity

Priced at 7,000,000 NIS (approx. 82,350 NIS/sqm), this property reflects the premium Tel Aviv places on historic architecture with sea access. Whether you're relocating, diversifying your portfolio, or securing a high-demand vacation rental, this apartment checks every box.

Explore more beachfront opportunities and market insights at realestate-telaviv.com — and contact us today to arrange a private viewing.

Amenities

Terrace Parking Elevator A/C Pool Religious area Traditional area Secular area Safe room

Market Insight — Tel Aviv (city avg)

All neighborhoods
55,000 ₪
Avg/sqm
+4.2%
12m trend
3.2%
Est. yield

Data from gov.il & market analysis.

Data sourced from official records and market analysis.
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