Monday, October 22, 2012

Sea One vacation flat sold for $4.8m

A 190 sqm flat located on the 19th floor of the 23 stories Sea One sold recently for NIS 18.5 million, i.e. $4.8m. The fat is facing the sea and has two balconies totaling ​​25 square meters as well as two underground parking spots.

The Sea One is located near the shore of Tel Aviv, on a plot of four acres, between Hayarkon and Herbert Samuel. The building which is due to open its doors this spring will also be the home of a luxury hotel managed by Isrotel under the Royal Beach brand, a shopping area, a pool overlooking the sea and a public parking lot. The tower had made the news in 2009 when Russian oligarch Valery Kogan bought the penthouse for 110 million ($28 million) -- the most expensive flat ever sold in Israel at that time (the record has since been broken by Eyal Ofer).

According to the broker who sold the flat, the buyers are Jews from England who will use the flat as a holiday home. They have already started to plan the interior of the apartment and hope to be ready to move in by the time the tower opens its doors. The broker also mentioned that just seven flats were left for sale in the building now.

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