Papal Visit Purim Millennium Snow in Jer. There's a substantial market of foreign residents surveying, purveying, and purchasing luxury apartments in the Jerusalem neighborhoods of Talbieh, German Colony, Baka, Rehavia, and Yemin Moshe. Some are wealthy foreigners who want a vacation home near their children who immigrated to Israel. Others are modern haredi families who want to spend the Jewish holidays in the holy city.
Money is no object.
If we have three to four apartments a year in Sha'arei Hessed, that's a lot. Many of his clients purchase second homes in Israel because their children live here, and need spacious houses that can sleep at least eight grandchildren. It will include an underground heating and cooling system, marble or ceramic floors, and double-glazed windows. Parking may be on the street, but the window blinds will be electronic. It can take such buyers one to five years to settle on an apartment, says Chava Teperberg, who runs Teperberg Real Estate in Talbieh, an elegant neighborhood that abuts the president's and prime minister's official homes.