Jerusalem City Center: Turnkey 2-Room Investment Apartment with Terrace & Urban Renewal Upside

What if your Jerusalem property worked for you from day one — and kept appreciating for decades to come?

Nestled on the second floor of a freshly reinforced Tama 38 building at 10 Mazor Street, this compact 37 sqm apartment punches well above its weight. At ?2,090,000 (roughly ?56,500/sqm), you're buying into one of the most walkable, transit-rich corridors in the capital — a neighborhood where demand from students, young professionals, and short-term renters remains consistently strong.

The apartment arrives fully furnished and ready to lease, with an estimated rental income of approximately ?5,500/month and a current yield of around 3.5%. A private terrace with open views, a mamad safe room, central A/C, dedicated storage, and access to a communal rooftop round out a lifestyle-friendly package that tenants love.

Location is the real story here. The Jaffa Street light rail, Yitzhak Navon train station, the Central Bus Station, and the legendary Mahane Yehuda Market are all within easy walking distance. The Old City and Jerusalem's cultural and commercial hubs are minutes away.

Perhaps most compelling for the long-term investor: the building sits within a designated Pinui-Binui urban renewal zone, meaning future redevelopment could significantly amplify your capital appreciation beyond standard market growth.

This is the kind of asset that rarely stays available — immediate income, a world-class address, and structural upside built in.

Explore more Jerusalem investment opportunities at realestate-jerusalem.com.