Welcome to Chelouche Street
The Neve Tzedek Neighborhood:
Only steps from the golden beaches and blue waves of the Tel Aviv shore, the picturesque quarter of Neve Tzedek (Oasis of Justice) is Tel Aviv’s oldest, and perhaps the most architecturally beautiful neighborhood.
Though a comparatively small neighborhood, Neve Tzdek teems with culture; the world-renowned Batsheva dance troupe performs at the Suzanne Dellal Center, boutiques sell the handiwork of local designers and artists, and many of the city’s best cafes and restaurants can be found here.
History:
A wealthy Algerian family established the neighborhood twenty-two years before Tel Aviv was built, and a street bearing their name (Chelouche) commemorates the founding family’s memory. ‘Beit Aharon Chelouche’, Aharon Chelouche’s home still remains today on 32 Chelouche St.
Location:
Chelouche St is perhaps the oldest and one of Tel Aviv’s most important land marks; like every street in Tel Aviv, numbers ascend from the west to east. This picturesque street begins from the sea and ends in Eilat Rd. the border between Neve Tzedek and Florentine. As it crosses Shabazzi St, Neve Tzedek’s main road, it is ideally located with easy access to many of Neve Tzedek’s attractions.
Architecture:
Whilst walking along Chelouche St, it is difficult not to notice the Architecture – Two storey houses with red roof tiles and big wooden windows are seen everywhere you go. The colors are magical. Some houses still remain untouched, whilst others have been meticulously renovated and preserved, brought back to their formal glory. The majority of the residences are either Garden duplexes, or duplex penthouses; taking either the first half of the building or the second half; since the buildings are relatively close to each other the majority of the houses in Neve Tzedek are fairly long and narrow.
While skyscrapers rose up along the skyline and streets widened to accommodate increased traffic and increasingly larger cars, Neve Tzedek has retained its original charm throughout all these years. Just at the end of Chelouche St is the Neve Tzedek tower standing proud.
Real Estate:
Real estate prices in Neve Tzedek are considered amongst the highest in the city, where on Chelouche St is estimated at 30,000 NIS per SQM to 37,000 NIS per SQM; prices tend to go higher once crossed Shabazzi St towards Eilat Rd. A garden Duplex of 215 SQM with a 30 SQM private garden is available for sale on Chelouche for the price of 4,400,000 NIS.
When looking at renting an apartment in this magical street, an average 3BR apartment is estimated between 9,000 NIS to 13,000 NIS a month. The same garden duplex was rented at 12,500 NIS a month.
Early in 2012, a 100 SQM apartment on Chelouche was sold for 3,442,800 NIS.
The residents of this picturesque street include Foreigners, Diplomats and Locals; families immigrate to Neve Tzedek with private schools, the Neve Tzedek community center, kindergarten’s and intimate public gardens can be seen everywhere; Neve Tzedek is the ideal neighborhood for raising a family. The Marc Chagall School is located on Chelouche and is considered to be one of the best schools in the city with students from 17 countries.
**The info is curtsey to the Tax Authority Website**
Weather looking to live or simply wandering through this magical street, Chelouche Street boasts both prime location and an abundance of history. Being the unique neighborhood that it is, Neve Tzedek will always draw people; the history, architecture and character are what make this place so special.