Mediterranean Palace

This is one of the most authentic, picturesque and outstanding properties of the Tel Aviv area.

Once you walk into the pastoral courtyard you feel you have entered a different time realm. The Mediterranean Palace is a mixture of ancient Mediterranean style buildings, courtyards and vegetation spreading on over 5 Dunam.

Part of them have view to the sea.

There is a total of 8 existing buildings, many of which have unusually high ceilings, original flooring and long terraces. All need renovations. The façade is for preservation. 

The built area is close to 3000 sqm.

There are over 900sqm of terraces.

5000 sqm of new construction can be added and 265sqm of new terraces.

A parking area of 900sqm is planned as well.

The asking price is 90,000,000NIS 

The approved zoning is hotel and residential or only residential.