Pinui-Binui in Sanhedria — What Apartment Owners Need to Know | Real Estate News | חדשות נדל"ן | מרכז הנכסים
Pinui-Binui in Sanhedria — A Guide for Apartment Owners
Sanhedria, with its buildings from the 1960s and 1970s, is one of the neighborhoods in Jerusalem with the highest potential for pinui-binui. Apartment owners who understand the process can end up with a larger and improved apartment by 25-40% — at no cost to them.
What is Pinui-Binui?
Pinui-binui is a process in which a developer purchases building rights from the tenants, demolishes the old building, and constructs a new and larger building. The tenants receive a new, larger apartment, with an elevator, underground parking, and a protected room — at no cost. The developer finances everything from the profits of the additional units built.
What Does an Apartment Owner in Sanhedria Receive?
- A new apartment larger by 12-25 square meters than the original apartment
- An elevator — an existing building without an elevator will receive a new elevator
- A protected room (Mamad) — mandatory in new construction
- Underground parking for the apartment
- A sun terrace in the new apartment
- Alternative rent during the construction period (18-36 months)
Stages of the Pinui-Binui Process
- Stage 1: The developer approaches the tenants with an offer — initial analysis.
- Stage 2: 67% of the tenants must agree (legal threshold).
- Stage 3: Planning + submission of a detailed plan — takes 18-36 months.
- Stage 4: Obtaining a building permit.
- Stage 5: Evacuation + construction (18-30 months).
- Stage 6: Return to the new apartment.
Risks and How to Protect Yourself
- Choose a developer with proven experience — not everyone who offers is reliable
- Get legal representation from your attorney — not the developer's attorney
- Check for full bank guarantees to protect your rights
Property Center helps tenants in Sanhedria understand approaches from developers and assess the feasibility. Initial consultation at no cost.