German Colony New Development Luxury Penthouse

German Colony, Jerusalem
🕍 Neighborhood: German Colony

4

BEDS

3

BATHS

1

HALF BATHS

271

SQM

2917

SQFT

$10,434,914
| ₪ 32,405,625

USD

Prices displayed in USD for convenience. Transactions typically conducted in NIS.

ABOUT THIS PROPERTY

Description

  • Description:

    Introducing a rare and luxurious duplex penthouse in the heart of Jerusalem’s German Colony — one of the city’s most prestigious and sought-after neighborhoods. Spanning 271 sqm of beautifully designed interior space and an impressive 130 sqm of outdoor space, this exceptional home features a private rooftop with a pool, 4 spacious bedrooms, and 3.5 elegant bathrooms. With finishes that include Travertine tiles, hardwood flooring, custom feature walls, VRF air conditioning, and underfloor heating, every detail has been thoughtfully crafted to deliver a world-class living experience. The property also includes two underground parking spots, a private storage unit, and 24/7 security within the gated complex.

    This flagship penthouse is part of an exclusive residential project offering a range of 2-5 bedroom apartments, each combining timeless design with cutting-edge comfort and amenities. Whether you're looking for a full-time home, vacation residence, or high-end investment, this development offers an unparalleled opportunity to live in one of Jerusalem’s most iconic areas. Floor plans are available upon request—don’t miss your chance to own in the German Colony’s finest address.

    Show all description

ESTIMATED ACQUISITION COST

For non-resident / foreign buyers. Based on 2026 ITA brackets.

Asking Price $10,434,914
Purchase Tax - Mas Rechisha (9.6%) $1,004,496
Legal Fees (1% + 18% VAT) $123,132
Agent Commission (2% + 18% VAT) $246,264
Total Estimated Cost $11,808,806

* Foreign buyer brackets: 8% up to ₪6,055,070, 10% above. Israeli residents & Olim pay significantly less. Full Buyer's Guide →

Features

Amenities:

  • 24/7 Security
  • Hardwood Floors
  • Underfloor Heating
Property ID:13478

location

Location

German Colony, Jerusalem

Located in German Colony. Contact us for precise walking/driving distance to the Kotel.

Jerusalem offers hundreds of synagogues across all denominations. Ask our team about synagogues within walking distance of this property.

Jerusalem's light rail and extensive bus network serve most neighborhoods. Contact us for transit accessibility details for this specific location.

Parks, restaurants, schools, shopping, and cultural sites. Our neighborhood experts can provide a detailed amenities guide for this area.

Mortgage Calculator

90% · $9,391,423
4.5%
25 years
Loan Amount $1,043,491
Monthly Payment

$52,175

₪162,028

Estimate only. Consult a mortgage advisor for exact terms.

Closing Costs Calculator

$
Property Price $10,434,914
Purchase Tax (Mas Rechisha) — 8% / 10% marginal brackets $1,004,496
Legal Fees (1% + 18% VAT) $123,132
Agent Commission (2% + 18% VAT) $246,264
Appraiser Fee $1,333
Registration & Miscellaneous $2,667
Total Additional Costs $1,377,892
Total Investment $11,812,806

Based on 2026 Israel Tax Authority brackets (frozen through 2026). Exchange rate: 1 USD ≈ 3.1055 NIS. Olim Hadashim eligible within 7 years of Aliyah. Consult a licensed Israeli attorney for exact figures.Official ITA Calculator →

Elad Ginzburg

Elad Ginzburg

Off-Market & Investment Specialist

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PRICE IN YOUR CURRENCY

Rate: 1 USD = 1.0000 USD · Live rates

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