Israel Real estate

NEO Home & Country

RAMAT LECHI, BEIT SHEMESH | URBAN RENEWAL CORPORATION

Key Information

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Apartments Garden-Apartments Penthouses

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3, 4, 5, 6 Rooms

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1195 Apartments

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54 Months

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10 Buildings

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9, 23, 27 Floors

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Mixed-use

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Starting at NIS 2,000,000

About the Project

NEO Home & Country is a revolutionary residential experience that will include four towers with 27 floors above two commercial levels, three 23-story towers, and three magnificent boutique buildings with 9 floors above a commercial level, immersed in greenery and breathtaking views of the surrounding landscape. This will be perfectly complemented by a luxurious country club offering a wide variety of entertainment, leisure, and sports options alongside a music center, all just one elevator trip away from your new home.

NEO Beit Shemesh includes close to 1,200 carefully planned apartments, all emphasizing premium technical specifications and an unparalleled lifestyle experience.

Redefining the Residential Experience in Beit Shemesh
The residential quarter was conceived with the purpose of becoming a prominent area in the city as part of the urban renewal plan. It combines perfect environmental planning, nurtured green gardens that are directly and safely accessible from each building, a country club, walking trails, recreational facilities and wide underground parking lots, beside a synagogue and a public venue, and Community music center – to nurture musicians. This combination makes NEO Beit Shemesh a dream home for many families.

Location

Beit Shemesh is centrally located in close proximity to Jerusalem, Modi’in and Tel Aviv. NEO Home & Country, located in the Ramat Lechi neighborhood on the north-western side of the city, enjoys a strategic location with easy access to main thoroughfares. In just a few minutes you will be on the newly expanded Route 38, which runs along the western side of Beit Shemesh and connects with Highway 1 and Highway 6, giving rapid access all parts of the country. There is also convenient and efficient public transport in the city, including Israel Railways which is just a short drive or 25-minute minute walk from the project.

Features & Amenities

Technical Specifications

Price & Payments

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Starting at NIS 2,000,000

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7/13/20/60
7% at signing; 13% at bank financing; 20%
TBD; 60% at occupancy

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Linked to Construction Cost Index

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Other Costs:
Legal NIS 5,575
Country Club NIS 15,000

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Guaranteed by Bank Hapoalim

About the Developer

Urban Renewal Corporation (URC) is one of Israel’s three largest urban renewal companies, with experience in leading around 60 successful projects involving more than 20,000 apartments all over the country. For the next 3 years, the company is expected to build at least 2,000 apartments per year. Our record proves that the path to project success lies through creating productive dialogue with the apartment owners. This enables us to provide the optimal response to their needs and wishes, while developing a genuine lasting partnership with them. This vision is at the heart of our success story, which encompasses dozens of projects nationwide as well as the thousands of families who have become part of our family.

Since URC was founded in 2009 by Tal Goldstein and Ami Kahlon, it has been considered a leader and pioneer in the urban renewal field, which has driven significant changes in the industry. Urban renewal programs not only represent the best way to fulfill the dream of a brand new apartment, but also extend an unprecedented opportunity to rejuvenate rundown city center streets, promote a safe living environment, increase the number of available apartments, support social justice, and drive urban and national growth throughout the length and breadth of Israel.

About the Construction Company

Over the past seventy years, the Electra Group has amassed exceptional experience and a peerless reputation as a global business leader. Its extensive international portfolio includes a wide variety of complex projects that currently span 17 countries across 4 continents. Established in 1945, and publicly traded on the Tel Aviv Stock Exchange since 1971, the company has more than 13,500 skilled professionals. Operating in both the public and private sectors, Electra Group has established a proven reputation for developing, planning, and constructing countless high-profile development projects, from residential, industrial and hi-tech buildings, to hospitals, public utilities, national infrastructure projects, and more.

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