Demolish-and-Rebuild in Armon Hanatziv — Residents' Guide 2026 | Real Estate News | | חדשות נדל"ן | מרכז הנכסים

Demolish-and-Rebuild in Armon Hanatziv 2026

The demolish-and-rebuild project in Armon Hanatziv is one of the largest in Jerusalem — 773 new housing units on land that will be cleared from old buildings. The project is in advanced planning stages, and residents need to understand their rights.

What do residents receive in a demolish-and-rebuild?

• A new, larger apartment (usually with an additional room)
• Balcony, parking, and storage — which were not in the old apartment
• Exemption from capital-gains tax on the transaction
• Rent during the construction period

Project Stages

1. Declaration by the Israel Land Authority / Jerusalem Municipality
2. Selection of a developer by the residents (qualified majority)
3. Signing of demolish-and-rebuild agreements
4. Obtaining building permits
5. Clearing and construction (3-5 years)
6. Delivery of new apartments

Residents' Rights

The developer must offer each resident: rent for the entire construction period, clearing and storage of belongings, and a new apartment of equivalent value. It is advisable to consult with a broker and a specialized attorney before signing.