For Sale

Apartment for Sale in Tel Aviv

20 Michael Neeman St, Tel Aviv, Tel Aviv

Tel Aviv Real Estate·3 Rooms for Sale in Tel Aviv

₪5,400,000

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Property Details

Bedrooms

Bathrooms

Size

123 sqm

Type

Apartment

Description

For sale in the prestigious Neeman Towers! 20 Michael Neeman Street, Tel Aviv. A renovated 4-room apartment. 105 square meters built area + 18 square meters of west-facing balconies. 1st floor out of 3, with an elevator. Safe room (Mamad). 3 parking spaces. Luxurious and pampering complex: State-of-the-art gym. Indoor semi-Olympic swimming pool. Wading pool. Sauna and Jacuzzi. Playground facilities. Synagogues during holidays. 24/7 security services, 24/7 concierge services. Within walking distance to Cliff Beach, close to the WIX complex and the magnificent Big Galiot shopping center.

Additional Information

Stories: 3

Location Scores & Comparisons

How this property compares to other sales in Tel Aviv and nationally

🚶

Walk ScoreVery Walkable

7.8/10

Average

City: 8.0/10National: 6.1/10

🛡️

Safety RatingSafe

7.3/10

Average

City: 7.2/10National: 6.3/10

💰

Price per m²Above Average

₪43,902

21% below avg

City: ₪36,190National: ₪21,000

7.8

Walk Score

7.3

Safety

₪43,902

Per m²

Election Data

Knesset Elections · Tel Aviv

Political Spectrum

27.2%

48.2%

21.5%

Center: 48.2%

Right: 27.2%

Left: 21.5%

Arab Parties: 3.1%

Top Parties

Yesh Atid32.8%

Likud17%

National Unity11%

Meretz10.9%

Labor9.3%

Voter Turnout

59.6%

Total Voters

266,837

Source: Central Elections Committee

School Data

Ministry of Education / RAMA · Tel Aviv

School Orientation(114 schools)

68%

16%

10%

State Secular: 77 (68%)

State Religious: 18 (16%)

Haredi: 8 (7%)

Arab: 11 (10%)

RAMA Test Scores (City Average)

Arabic

591

Excellent

English

555

Good

Hebrew

551

Good

Math

545

Good

Science

586

Excellent

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

Violence Index

11.7(Moderate)

Teacher Satisfaction

82%(High)

Student Satisfaction

68%(Moderate)

Teaching Quality

58%(Low)

Socio-Economic Status

1.6/10

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 · Tel Aviv-Yafo

22,400

Olim(2014-2023)

4.77%

of Population

469K

Residents

Olim Languages

French 30%English 25%Russian 18%Spanish 12%Other 10%Portuguese 5%

2022 Census Data

32.1%

olim.bornAbroad

8.9%

olim.aliyaSince2010

14.5%

Aliyah since 2002

Father's Origin (Census 2022)

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

valuation.title

valuation.subtitle

valuation.aboveMarket

₪4,221,000

valuation.range: ₪4,010,000 — ₪4,432,000

valuation.listPrice

₪5,400,000

-21.8%(₪1,179,000)

valuation.aboveMarketSub

valuation.confidence

High

85/100

valuation.comparables

valuation.avg ₪22,523/sqm

valuation.yoyGrowth

N/A

valuation.district

valuation.estRent

₪8,288

valuation.yield: 2.4%

Neighborhood Map & Amenities

Price History

Local Market Trend

District — CBS Housing Price Index

₪3,514,550

Estimated avg. dwelling price(Index: 566.4)

₪41,348 per m²(Avg. m²)

Est. Rent: ₪5,507/mo

Gross Yield: 1.9%(annual rent / price)

-0.7% MoM

-1.7% YoY

Aug 2025Jan 2026

₪Rental Income vs. Mortgage — This Listing

Est. monthly rent

₪7,969/mo

Est. mortgage

₪22,511/mo

Annual rental income

₪95,628/yr

Gross Yield

1.8%

↓ Negative cashflow: -₪14,542/mo

Based on 75% LTV, 4.5% rate, 25yr term, 123 m² property

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

View Full Market Trends Dashboard →

📊CBS Actual Rental Data(Q3 2025)

Avg. 3-room rent

₪7,004/mo

Avg. 4-room rent

₪8,739/mo

Rent per m²

₪115/m²

CBS Gross Yield

2.5%

Rent YoY change: +2.5%(Tel Aviv)

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

Mortgage Calculator

Property Price

₪5,400,000

Down Payment20%

Loan Amount (₪)

Interest Rate4.50%

Loan Term25 years

Monthly Payment₪24,012

Total Interest

₪2,883,589

Total Payment

₪7,203,589

Over 25 years, you will pay ₪2,883,589 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₪5,400,000

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 – ₪5,400,000 @ 5.0%₪152,648

Transfer Tax (Mas Rechisha) (3.07% effective)₪165,538.325

Agency Commission (2.5%)₪135,000

Lawyer Fees (1.2%)₪64,800

Registration Fees (0.7%)₪37,800

Total Costs₪403,138.325

Property Stats

Listed4/18/2026

Recommended Professionals in This Area

Trusted professionals serving this area

Emile Perez

Agent

Lenovo

Meir Yaari, Tel Aviv, Tel Aviv

116 m²

8.0

Apartment for Sale in Tel Aviv

Description

Additional Information

Location Scores & Comparisons

Local Market Trend

₪Rental Income vs. Mortgage — This Listing

📊CBS Actual Rental Data(Q3 2025)

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