3-Room Apartment 110 m² + Balcony 12 m² — Arik Einstein St, Park HaYam, Bat Yam

Quick Facts

Property Type	Apartment
Total Area	110 m²
Rooms	3
Bathrooms	2
Toilets	2
Balcony	12 m²
Parking	1 underground space
Year	2022
Condition	As-new

Key Features:

• Air conditioning throughout
• 12 m² sun balcony
• Mamad (ממ”ד) — reinforced in-unit safe room, built to Israeli building code
• Building gym
• Lift
• 1 assigned underground parking space
• 24/7 lobby security
• Storage unit

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Property Description

This 110 m² apartment on Arik Einstein St is in Park HaYam — Bat Yam’s southern seafront and the city’s highest-priced neighborhood. The 2022 building sits 50–200 m from the Mediterranean and the promenade. HaKomemiyut Red Line station is 7–10 minutes walk; Israel Railways Bat Yam–Komemiyut station is 5–8 minutes walk.

The apartment covers 3 rooms — a living area and 2 bedrooms — across 110 m², with 2 full bathrooms and 2 toilets. The 12 m² balcony extends the living area outdoors. The mamad (ממ”ד — reinforced in-unit safe room, mandatory in Israeli construction from this period) is built in. Air conditioning is installed throughout.

The building includes a gym, 24/7 security post in the lobby, lift, 1 assigned underground parking space, and a dedicated storage unit. Ground-floor retail on Arik Einstein St comprises cafés, a bakery, a deli, and a convenience shop — within the building’s immediate footprint. The Arik Einstein playground and a sports field are directly adjacent to the building. A Marpaat (מרפאה — primary care clinic) is located on the street itself.

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Location Analysis

Transportation

HaKomemiyut station — the southern terminus of the Red Line metro, stop #34 — is 7–10 minutes walk from Arik Einstein St. Travel time to central Tel Aviv: 15–22 minutes. The Red Line operates Sunday–Thursday 05:30–23:00, Friday until 15:00, with Saturday night service from 18:30; no Shabbat service. Israel Railways Bat Yam–Komemiyut station is 5–8 minutes walk and provides direct heavy-rail service to Tel Aviv HaHagana, Ashdod, and Beer Sheva. Ben Gurion Airport is approximately 50–60 minutes by rail or 20–25 minutes by car via Highway 20 and the HaKomemiyut interchange. Dan bus routes including Line 18 — the highest-ridership line serving Bat Yam — and Egged Lines 83–85, which connect southward to Rishon LeZion, serve the street. Arik Einstein St is one of only two locations in Bat Yam where Red Line metro and Israel Railways both fall within a 10-minute walk.

Area Infrastructure

The beach is 50–200 m on foot. Adam’s Rock Beach — the city’s largest, rehabilitated in 2023 with ~60,000 m³ of new sand — is within the Park HaYam district, as are Sunset Beach (fully renovated August 2024) and Riviera/Marina Beach with its open-air art gallery. The full 3.2 km Bat Yam promenade runs directly through the area and connects north to Jaffa. A 100-dunam public park with an ecological pond, children’s adventure garden, eucalyptus grove, and sports facilities is under construction at the center of Park HaYam. Two kindergartens and two primary schools are in the planning and construction pipeline within the neighborhood. Bat Yam’s Darca network schools — which serve the city’s secondary level — posted a 91–92% bagrut (matriculation — Israeli high school graduation exam) rate in the most recent assessment, among the highest of any Israeli municipality. Rami Levy supermarket at Ha’Amal 20 is approximately 800 m north. Bat Yam Mall — 23,300 m², 130+ shops, cinema complex — is on Yoseftal Blvd approximately 2 km north. The UpTown Bat Yam business center is the city’s primary modern office hub, located on the eastern corridor. The Riviera Gallery at Riviera Beach — an open-air contemporary art space on the seafront — is within walking distance.

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Investment Perspective

Park HaYam carries the highest average transaction prices in Bat Yam at ₪3,606,641 per unit (Madlan, January 2026), compared to the citywide average of ₪2,979,000. New construction in the district currently trades at ₪30,000–50,000/m², with February 2026 data citing ₪45,000–50,000/m² for new builds — a 20–25% premium over comparable new stock elsewhere in Bat Yam. In the second half of 2025, 23 of Bat Yam’s transactions above ₪4M were recorded; the majority were in Park HaYam (Bizportal, February 2026). Average rental income in Park HaYam stands at ₪8,800/month with a gross yield of 2.5–3.0% (Madlan).

The district’s Galil Yam sub-zone appreciated +76% from 2018 to 2022 — from an average of ₪2,980,000 to ₪5,240,000 (Madlan historical data) — outpacing both citywide Bat Yam and Tel Aviv price growth in the same period. Park HaYam at ₪30,000–50,000/m² sits 40–60% below Jaffa’s beachfront benchmark of ₪60,000–120,000+/m² for comparable coastal positioning — a gap that has been narrowing as transit infrastructure matures and the neighborhood’s profile rises. Bat Yam citywide prices appreciated approximately 200% over the decade from 2014 to 2024, one of the highest appreciation rates among Gush Dan municipalities (NadlanCenter, 2024–25).

A secondary market unit from 2022 entered the district ahead of the supply wave: Park HaYam has approximately 10,000 total planned units, of which around 1,900 have been built to date, with a further 4,050 in construction or near-term planning. Unlike off-plan contracts, a secondary market unit carries no construction risk and delivers immediate possession.

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Practical Information

Arnona (ארנונה — annual municipal property tax, paid by the occupant): Bat Yam residential rates run ₪67.86–₪84/m² per year depending on zone classification. At 110 m², the annual arnona bill for this property is estimated at ₪7,465–₪9,240. Exact zone classification for Arik Einstein St can be confirmed with the Bat Yam municipality arnona department at 03-555-8555 or via the city’s online payment portal.

Vaad bayit (ועד בית — monthly building maintenance fee): In new Bat Yam towers with gym, 24/7 security, lift, and underground parking at this specification level, vaad bayit typically runs ₪400–600/month. Confirm the exact figure for this building with the seller or building management before signing.

Mortgage (משכנתא): Non-resident buyers can finance up to 50% of the purchase price from Israeli banks. Israeli residents purchasing a non-primary residence are also capped at 50%; for a primary residence the ceiling is 75%. Israeli mortgage rates move with the Bank of Israel key rate, which stood at 4.25% at the time of research (March 2026).

Purchase tax (מס רכישה — Mas Rechisha): For investors and buyers who already own residential property in Israel, purchase tax is levied at 8% on the first ₪6,055,070 of value and 10% on the balance (2026 bracket — verify current rates with a licensed Israeli attorney before signing). New immigrants (olim — עולים) may qualify for reduced purchase tax rates on their first home purchase in Israel.

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Contact

To schedule a viewing or discuss this apartment, contact us at +972-50-923-3202 or [email protected].

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