When buying any property, especially in Israel, there are two key factors to look for: location and reputation. Well, as that’s the case, the impressive Hess-7 project in Jerusalem’s quaint Talbiya neighborhood and Oren Cohen, known for its high-end marketing and brokerage and founder and owner of “Oren Cohen Prime Real Estate”, is the perfect combination you are looking for. by.
NOW is the time to invest in property in post-COVID Israel, as the demand for residential apartments in the country is only increasing. In addition to the natural growth rate of the population in Israel, there is a further increase in demand due to a low interest rate environment.
The upward trend in demand began as early as 2008, with the outbreak of the global crisis. During the crisis, the shekel appreciated strongly against the basket of currencies, prompting the central bank to drastically lower the Bank of Israel’s interest rate. If in September 2008 the interest rate was 4.25%, in March 2009 it was already only 0.5%.
Low interest rates plus limited land available for construction, red tape, and constant population growth indicate that the relatively high price level will stay with us for a long time.
In the high-demand areas of downtown and old Jerusalem, the supply of properties is currently limited and obtaining building permits for future projects is not easy; consequently, prices are constantly increasing.
Oren Cohen is a leading and highly respected real estate agent, who for nearly 30 years has provided outstanding service to the Israeli and Jewish communities alike.
Since 1998, Cohen was CEO and owner of the real estate company Century 21, and in 2020, Oren went solo and established the Oren Cohen Prime Real Estate office, which deals with pre-sales (new projects) in Jerusalem and high-rise properties. spectrum. with a quality clientele from all over the world: USA, UK, Europe, Australia, South Africa and South America.
With thirty years of experience in Jerusalem real estate, Oren is your ideal person if you want to buy the property of your dreams in the heart of the Jewish homeland: Jerusalem.
Cohen told the Jerusalem Post: “I stand for integrity. My best way to mark is word of mouth. Satisfied clients know the value and quality of service they will enjoy when they work with me; naturally, they tell their friends and spread the good word, my clients are my best promoters. “
Furthermore, Cohen believes that “business is about people. We make sure we get to know our clientele: what they are looking for, what is right for them and, most importantly, what they need.
We also provide excellent after-sales service and are dedicated to our customers until Chanukat Habayit (Jewish ceremony for opening a new home) and long after. Our clients become our best friends and ambassadors ”.
Cohen says that due to his reputation, they were even busier during the COVID pandemic as potential clients trusted him and know who they are dealing with. “During COVID, we use our engaging marketing materials, Zoom presentations, and videos to give potential buyers the most realistic journey possible.” In reality, during COVID, Cohen says, “we conducted sales of apartments, houses and units in new luxury projects in the demanded areas.”
“My office, which is currently being remodeled, on Keren Kayemet St. in Rehavia, is not only my business center, but also where clients and passers-by feel at home. I even have a weekly shiur for the locals (Torah class). I feel very privileged to provide homes for Jews from all over the world, in Israel. Jews do not pray towards New York, Paris or London, but towards Jerusalem. ”
One of the latest properties Cohen is selling are apartments in the Hess-7 complex, on the prestigious and quiet one-way Hess Street.
First, says Cohen, “the location is perfect. Just 3 minutes from Mamilla Mall and the hotels along King David, 20 minutes from the kotel, 10 minutes from Rehavia, 5 minutes from the city center and 10 minutes from the German Colony. Also, the land is private land and not church land. Therefore, buying a property in Hess-7 is a very sensible future investment.
“The basic structure of the building has already been completed. The layout of the apartments has been carefully planned, including air conditioning, underfloor heating and high-quality fully equipped kitchens. The properties have a high-end interior design, in line with the upper class area “.
“The short- and long-term leasing in the area, and the small number of new and available residential projects on private land in the area affect sales prices. In Israel, natural population growth is among the highest among developed countries, even without the immigration of Jews from the diaspora. By 2048, when the country is 100 years old, the population is expected to double and the country will have to provide housing solutions and in a short time rebuild what we have built here in the last seventy years, ”says Cohen.
The Hess-7 complex is a new luxury complex located between the world famous Waldorf Astoria and King David hotels. The project, in the heart of the picturesque Talbiya neighborhood, offers two-bedroom units, as well as 2 luxurious penthouse units with expansive Sukkot terraces overlooking open views, perfect for a vacation or permanent residence.
The apartments for sale are perfect for religious people. With more than 15 shuls in less than 5 minutes on foot, including Sephardic and Ashkenazim, and so close to the Great Synagogue and the Netzach and Kahal Chassidim shuls of Rehavia. You will have the security of being at the gates of the religious and cultural center of Jerusalem.
With COVID a thing of the past and Israel’s international tourism and travel reopening, now is the time to invest in Jerusalem real estate – Oren’s office deals with the most attractive projects in Jerusalem’s major neighborhoods, and top off-the-market properties, Penthouses and private. homes.
The quiet Hess Street is a perfect place to establish your dream home, in the capital of Israel, to which Jews have dreamed of returning for thousands of years.
This article was written in cooperation with the Hess-7 complex.