🏡 For Sale – Extended Apartment with a Huge Balcony in the Arava Neighborhood (Tzin–Paran Complex), Eilat 🌴

A unique opportunity for investors and buyers looking for properties with value-enhancement potential!

📍 620 Tzin Street – Arava Neighborhood (Isidore), Eilat

A sought-after location near the Tzin–Paran urban renewal complex.

✨ Property Details:

• Originally a 3-room apartment

• Currently divided and extended into 4 rooms

• 1st floor

• Large and spacious balcony

• Additional room created from the living room

• Smart use of space with significant potential

🏠 About the Apartment:

The apartment has been extended without the required permits and represents an excellent opportunity for buyers looking for an attractively priced property with future value-enhancement potential.

💼 Particularly Suitable for Investors

✔️ Currently rented for ₪3,500 per month

✔️ Existing rental income from day one

✔️ Established neighborhood with rental demand

✔️ Future potential as part of ongoing urban renewal processes

🌱 Tzin–Paran Complex – Urban Renewal

The property is located in an area included in the promotion of urban renewal / demolition and reconstruction projects in the Arava neighborhood of Eilat. The complex includes buildings on Tzin and Paran Streets, as part of the city’s initiative to renew established neighborhoods, improve living standards, and develop the residential environment.

⚠️ Important: Urban renewal planning and related processes are underway. Buyers are responsible for conducting independent legal and planning due diligence with the relevant authorities before proceeding with the transaction.

⭐ Why Consider This Property?

✔️ Attractive entry price

✔️ Larger than the original apartment layout

✔️ Rarely available large balcony for this type of property

✔️ Rental income

✔️ Future value-enhancement potential

💰 Asking Price: ₪920,000