Got R453m? Buy this flat

A penthouse in a luxury residential tower in Tel Aviv, Israel is on the market Video: eNCA
A penthouse in a luxury residential tower in Tel Aviv, Israel is on the market, and if you have R453 million lying around, it could be yours. Picture courtesy of Berggruen Residential Developers.
A penthouse in a luxury residential tower in Tel Aviv, Israel is on the market, and if you have R453 million lying around, it could be yours. Picture courtesy of Berggruen Residential Developers.
A penthouse in a luxury residential tower in Tel Aviv, Israel is on the market, and if you have R453 million lying around, it could be yours. Picture courtesy of Berggruen Residential Developers.

Tel Aviv, Israel – A penthouse in a luxury residential tower in Tel Aviv, Israel is on the market, and if you have a cool R453 million (USD 50million) lying around, it could be yours.

The 42 story, 180 metre tall apartment block on 36 Rothschild Boulevard, boasts four penthouses – the biggest of which is this one (pictured) called The Palace in the Sky.


The building is the work of award-winning American architect Richard Meier and although it’s only expected to be completed early next year, the Meier-on-Rothschild already boasts that 65 percent of units have been sold. At least two of the buys are South African, say the developers, Berggruen Residential.


"We've been successful in our effort to stretch the boundaries of luxury residential buildings in Israel,” says CEO Yigal Zemah.


All penthouses in the estate include trims that define utter wealth. Features include 360-degree views of the city, three metre high ceilings, jacuzzis, sweeping outdoor terraces and private elevators.


The residential building also capitalises on the ‘green’ initiatives undertaken in the architecture and construction industries. Units are called "smart homes" with systems installed that control electric, communication and security functions.


"To be able to give something beautiful and unique to this extraordinary city (Tel Aviv) is the fulfilment of a lifetime dream," said Meier in a statement issued to the press.


But the amenities aren’t just available to the unfathomably wealthy.

The poorer of the lot (and by that we mean those who can afford the minimum R100,000 per square meter price tag,) can indulge themselves at an in-house luxurious spa, fitness centre, relaxation lounge, treatment room, a 25-metre swimming pool and a 24-hour concierge service. A wine cellar that also doubles as an entertaining facility has also been built.
 

eNCA

Discussion Policy

eNCA.com would like to send you push notifications.
Notifications can be turned off any time in your browser settings.
You have been registered for browser notifications