Turnkey Studio on Allenby Street – Prime Tel Aviv Investment at 1,990,000 NIS

Allenby Street doesn't just put you in Tel Aviv — it puts you at the beating heart of it. This fully renovated 27 sqm studio on the 2nd floor of an elevator building is proof that smart investing doesn't require a large footprint.

Priced at 1,990,000 NIS (roughly 73,700 NIS/sqm), the unit has been stripped back and rebuilt with premium finishes, meaning zero renovation headaches and immediate rental readiness. The private balcony — genuinely rare for a city-center studio of this size — adds real lifestyle value and strengthens its appeal to the short- and long-term rental market alike.

The numbers make sense: with an estimated rental yield of 3.2% in one of Tel Aviv's most liquid submarkets, this is the kind of asset that attracts both local professionals and international tenants year-round. Steps from the beach, Carmel Market, public transit hubs, and the vibrant restaurant scene that defines this stretch of the city, vacancy risk is minimal.

Whether you're building a Tel Aviv portfolio, securing a personal pied-à-terre, or making your first move into Israeli real estate, this is a low-friction entry point into a high-demand address.

Explore more curated Tel Aviv opportunities at realestate-telaviv.com — and act fast, because compact renovated units on Allenby don't wait.