New trend: Jews from South America buy apartments in the capital, and the Foreign Ministry district is one of the leading elections
Dreaming of an apartment in Jerusalem
Photo:
Imaging: Aiko Studio
Produced by the Department of Special Supplements
The corona brought the Jews of the world closer to Israel.
If in the past France, London and the United States were the main centers of interest in buying real estate in Israel, today one can see an awakening in new countries such as Panama, Mexico and Argentina in particular and South America in general.
There are currently about 500,000 Jews living in South America, while Argentina has the largest community, numbering about 300,000 Jews, most of them traditional.
The forecasts of the Ministry of Absorption and the various Knesset committees speak of an expectation of 250,000 immigrants in the next 3 to 5 years.
Since the beginning of last year, the Jewish Agency's Immigration Service has received about 160,000 inquiries about immigration to Israel, and about 41,000 new immigration files have been opened from around the world.
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Jewish families in South America enjoy a high economic status, many of them successful businessmen.
Recently, following the strengthening of the left in South America, the business world has been suffering from instability.
In addition the corona brought with it economic uncertainty.
The Jews of South America look with admiration at Israel's immunization program, which brings hope to the whole world.
They feel proud that Israel is the first country in the world to house most of its citizens, and these days it is reopening the economy, which makes people confident of Israel's economic stability.
They recognize the business potential inherent in the signing of peace agreements with Arab countries, and the growing strength of the shekel against the world's leading currencies, and they fear the emergence of anti-Semitism in their provinces.
All of these evoke a wave of Zionist sentiment.
Buy an apartment in Jerusalem
The Aviv and Lenny Group groups, which are building the Foreign Ministry district in Jerusalem, report an increase in demand for apartments from South American countries.
Erez Baharir, CEO of Lenny Group: “We have recently encountered many families who approach us, mostly through a contact who knows the community well, who provides them with everything related to the acquisition process, including legal, planning and financial representation.
The motives for the purchase are the fulfillment of a dream of a home in Jerusalem, along with an understanding that this is a good investment and also a response to the economic and political situation in the countries of South America. "
He reports that since the beginning of the year, 4 apartments in the project have been purchased by Jews from Mexico, in addition to the company negotiating for 5 more apartments with customers from Mexico, Panama and Argentina.
A businesswoman from one of the best-known families in Mexico, who already runs a business and investments in the country, recently purchased two apartments for her two sons, as she wants to see them live in Israel.
Rise, vacation or investment
Shimon Yehuda Cohen, co-manager of the Promis Solutions Group, who manages and accompanies the process of purchasing real estate in Israel for residents abroad: "We are witnessing a growing trend in the Jewish communities in Latin America. More and more families, from South America and Panama in particular, are turning to us for help. An apartment in Israel, both for the purpose of immigration and for the purpose of vacation. In addition, we see businessmen who choose a capital router for real estate investments in Israel.
In their eyes, Israel is perceived as a stable and safe place for investment.
The desire for a home in the Land of Israel has always been in the hearts of Diaspora Jews. "
The Aviv Group and Lenny Group identified the expected trend and made an aliyah to Jerusalem.
These are two entrepreneurial and contracting companies with decades of accumulated experience in large-scale projects around the world, including in the central region of the country.
Dafna Harlev, CEO of the Aviv Group, talks about the initiative that led to the establishment of the project: "We bring with us a great deal of experience and knowledge gained over the years in establishing luxury residences and office towers that are important in Israel, as an entrepreneur and operating contractor.
Many projects led by the company, such as Moshe Aviv Tower in Ramat Gan, Lieber Tower in Neve Tzedek, Assuta Hospital in Ramat Hachayal, Aviv Levontin and others, have been a huge success, and buyers have enjoyed a significant increase in the value of the apartments.
We bring to Jerusalem the company's many years of experience and expertise, in order to offer the Jerusalem audience a leading and high-quality project. "
The most beautiful city in the world
The Foreign Ministry district is located near the city entrance project, in the former Foreign Ministry compound, on one of the last land reserves in the area.
The project currently underway will provide residential apartments for all those new workers who will join the area and aspire to work near the complex, for family owners who work in the center and want to live in the most accessible point to the center of the country, as well as for city residents in old neighborhoods like Ramot.
In the new Foreign Ministry district, which covers about 11 dunams, 5 6- and 8-story residential buildings are being built, around a well-kept courtyard in an area of about 3 dunams.
The complex has 266 residential apartments with 3,4,5 rooms, ranging from 80 square meters to 154 square meters, as well as garden apartments and penthouses with large balconies for the impressive view of Jerusalem.
The location ensures easy and convenient access to all major arteries - Road 1 to Tel Aviv and Ben Gurion Airport and Begin Road out of the city.
The complex is close to the Central Bus Station, the Israel Railways and the two light rail lines.
In planning the project, emphasis was placed on creating a residential experience typical of Jerusalem, which is an alternative to the old and outdated neighborhoods such as Rehavia, Wolfson and Ramot.
The complex is a short walk from everything that is fun in Jerusalem - Sucker Garden, the colorful Mahane Yehuda market, the picturesque Nachlaot neighborhood and an open view of the most beautiful city in the world.
Jerusalem is realizing its real estate potential. More and more investors are internalizing the attractiveness of real estate investing in the city, both for Zionist reasons, for real estate reasons and for financial reasons. Those who have invested in the past are already enjoying the fruits of their investment. Opportunities for both families seeking to live in Jerusalem and for investors from Israel and abroad.
To the website of the Ministry of Foreign Affairs: www.fmq.co.il.
Produced by the Department of Special Supplements
