Gilo Jerusalem 2026 - Demolish-and-Rebuild, Prices and Renewal | Merkaz HaNekasim | חדשות נדל"ן | מרכז הנכסים
Gilo - A Neighborhood in Renewal
Gilo, an established and long-standing neighborhood in southwestern Jerusalem, is undergoing a wave of urban renewal. With plans for thousands of new apartments in demolish-and-rebuild projects, a price increase of 10-15% per year, and excellent services - Gilo offers interesting opportunities for buyers and investors.
Apartment Prices in Gilo
Apartment prices in Gilo are in the mid-range for Jerusalem, with a consistent upward trend. A 4-room apartment sells for between 1,800,000-2,500,000 ₪, depending on the floor and condition of the apartment.
Demolish-and-Rebuild Projects
Several demolish-and-rebuild projects at various stages are underway in Gilo. Residents receive new and larger apartments with a secure room, balcony, parking, and storage. The projects also create opportunities for investors purchasing old apartments for demolish-and-rebuild planning.
Advantages of Gilo
An established neighborhood with all services: shopping centers, schools, clinics, parks, and public transportation. A diverse population and a family-friendly atmosphere. Proximity to the tunnels road and Gush Etzion.