For Sale

Apartment for Sale in Eilat

Spice Route, Eilat, Eilat

Eilat Real Estate·3 Rooms for Sale in Eilat

₪2,350,000

1 / 8

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Property Details

Bedrooms

Bathrooms

Size

214 sqm

Type

Apartment

Description

New for sale exclusively on Derech Hatavlinim Street, Eilat! 🌴 Luxurious 4-room penthouse with a private pool on the balcony and partial sea view. A unique property you don't see every day. ✨ Property details: 4-room penthouse, secure room (MAMAD), huge sun balcony with private pool, partial sea view, 2 parking spaces, 3 toilets, 2 showers, walk-in closet, large kitchen, extra spacious living room, storage room. A rare property in one of the most sought-after areas in the city.

Additional Information

Stories: 3

Location Scores & Comparisons

How this property compares to other sales in Eilat and nationally

🚶

Walk ScoreSomewhat Walkable

5.5/10

Average

City: 5.3/10National: 6.1/10

🛡️

Safety RatingSafe

7.2/10

Average

City: 7.0/10National: 6.3/10

💰

Price per m²Below Average

₪10,981

33% above avg

City: ₪16,373National: ₪20,800

5.5

Walk Score

7.2

Safety

₪10,981

Per m²

School Data

Ministry of Education / RAMA · Eilat

School Orientation(18 schools)

72%

22%

State Secular: 13 (72%)

State Religious: 4 (22%)

Haredi: 1 (6%)

RAMA Test Scores (City Average)

English

508

Below Avg

Hebrew

545

Good

Math

521

Average

Science

570

Excellent

National average ≈ 530. Scores above 550 are considered strong.

Violence Index

10.7(Moderate)

Teacher Satisfaction

86%(Very High)

Student Satisfaction

66%(Moderate)

Teaching Quality

52%(Very Low)

Socio-Economic Status

3.0/10

Source: Israel Ministry of Education, RAMA (National Authority for Measurement and Evaluation). Data reflects city-level averages from the latest available school year.

Olim & Immigration Data

Popular for OlimVery High

Ministry of Aliyah / CBS · Eilat

2,800

Olim(2014-2023)

5.28%

of Population

53K

Residents

Olim Languages

Russian 35%French 20%English 18%Other 17%Amharic 10%

2022 Census Data

33.5%

olim.bornAbroad

8.1%

olim.aliyaSince2010

16.2%

Aliyah since 2002

Father's Origin (Census 2022)

Source: Ministry of Aliyah & Integration, CBS (Census 2022)

valuation.title

valuation.subtitle

valuation.belowMarket

₪3,648,000

valuation.range: ₪3,466,000 — ₪3,830,000

valuation.listPrice

₪2,350,000

+55.2%(₪1,298,000)

valuation.belowMarketSub

valuation.confidence

Medium

64/100

valuation.comparables

valuation.avg ₪18,125/sqm

valuation.yoyGrowth

N/A

valuation.district

valuation.estRent

₪6,728

valuation.yield: 2.2%

valuation.luxuryLarge Size (150+ sqm) · Multiple Parking Spots

Neighborhood Map & Amenities

Price History

Local Market Trend

District — CBS Housing Price Index

₪1,564,169

Estimated avg. dwelling price(Index: 582.0)

₪15,642 per m²(Avg. m²)

Est. Rent: ₪3,023/mo

Gross Yield: 2.3%(annual rent / price)

+0.2% MoM

-1.7% YoY

Aug 2025Jan 2026

₪Rental Income vs. Mortgage — This Listing

Est. monthly rent

₪6,469/mo

Est. mortgage

₪9,797/mo

Annual rental income

₪77,628/yr

Gross Yield

3.3%

↓ Negative cashflow: -₪3,328/mo

Based on 75% LTV, 4.5% rate, 25yr term, 214 m² property

Housing prices in the District are trending upward. Over the past year, prices have decreased by 1.7%.

View Full Market Trends Dashboard →

Source: Israel Central Bureau of Statistics (CBS) · Updated periodically

Mortgage Calculator

Property Price

₪2,350,000

Down Payment20%

Loan Amount (₪)

Interest Rate4.50%

Loan Term25 years

Monthly Payment₪10,450

Total Interest

₪1,254,895

Total Payment

₪3,134,895

Over 25 years, you will pay ₪1,254,895 in interest.

Purchase Tax Calculator

Calculate Israeli real estate purchase taxes and fees

Property Price (NIS)

Buyer Type

Israeli resident purchasing their first or only home (Dira Yechida). Lowest tax brackets apply.

Property Price₪2,350,000

Mas Rechisha Bracket Breakdown

₪0 – ₪1,978,745 @ 0.0%₪0 (exempt)

₪1,978,745 – ₪2,347,040 @ 3.5%₪12,890.325

₪2,347,040 – ₪2,350,000 @ 5.0%₪148

Transfer Tax (Mas Rechisha) (0.55% effective)₪13,038.325

Agency Commission (2.5%)₪58,750

Lawyer Fees (1.2%)₪28,200

Registration Fees (0.7%)₪16,450

Total Costs₪116,438.325

Property Stats

Listed4/18/2026

Recommended Professionals in This Area

Trusted professionals serving this area

Emile Perez

Agent

Lenovo

10 years

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