Shell-level apartment sold for NIS 43 million at Port TLV Project

The 10-story building will comprise 7 residential floors containing 40 prestige apartments, spacious suites, loft apartments and duplex penthouses with private pools.

 Port Tel Aviv project night simulation  (photo credit:  Ilan Pivko Architects)
Port Tel Aviv project night simulation
(photo credit: Ilan Pivko Architects)

An apartment in the Hagag Brothers’ Port TLV prestige project was sold for NIS 43 million at shell level to foreign residents.

The introduction of the clients and the closing of the transaction was led by the project’s VP of Sales and Marketing Lee Ziv. The transaction reflects a price of approximately NIS 98,000 per sq.m. (shell). The apartment is approximately 400 sq.m. plus 50 sq.m. of balconies and is located on the 7th floor of the building with a view of the sea.

“We see increased interest both on the part of Israelis and of affluent foreign residents who are looking for prestige housing but are not willing to compromise on quality,” Ziv said. “Port TLV offers prestige residence combined with daily vacation.”

The Port TLV project is located at the beginning of Yordei HaSira Street, at the main entrance to the Tel Aviv Port complex, just 50 meters from the waterfront. It is currently in advanced stages of construction, and is expected to be completed in 2.5 years.

The 10-story building will comprise seven residential floors containing 40 prestige apartments, spacious suites, loft apartments and duplex penthouses with private pools, integrating vast spaces and sea-facing screen windows. The unique architectural planning, designed by architect Ilan Pivko, includes aluminum partitions plating the building, altering the play of light and shade and controlled by the press of a button, entirely transforming the façade.

 A seaside apartment overlooking Tel Aviv's beautiful ocean in the Hagag Brothers’ Port TLV prestige project (credit:  Ilan Pivko Architects) A seaside apartment overlooking Tel Aviv's beautiful ocean in the Hagag Brothers’ Port TLV prestige project (credit: Ilan Pivko Architects)

The first two floors of the tower are designated for a boutique hotel with 44 rooms.

The project provides residents with full 24/7 service at a five-star hotel level to enjoy an abundance of benefits, from a private chef and room service to spa treatments and a high-end gym, pool, concierge and more.

The project’s centerpiece are the two duplex penthouses on the ninth and tenth floor, sprawling across an area of 244 sq.m. and featuring vast, 226-sq.m. balconies and a pool. They are offered for sale at NIS 64 million.

“This is a unique prestige project located at the best spot available in Israel, a mere few meters from the waterfront,” said Tsahi and Ido Hagag.

“This is yet another project furthering our strategic vision of leading Israel’s design and construction standard on an international level. The international collaboration with professionals who are among the world’s leaders in their fields reflects the project’s quality and the esteem it garners in Israel and abroad.”

The agreement’s signing was accompanied by the project’s attorney, Ben Tsur Sharabi of the firm of Hagag, Buchnik, Weinstein.