5-Room Mini-Penthouse 198 m² + Balcony 78.7 m² — THE Five, Ramat Yosef, Bat Yam

Quick Facts

• Property Type: Mini-penthouse
• Total Area: 198 m²
• Rooms: 5 (living room + 4 bedrooms)
• Bathrooms: 3
• Toilets: 4
• Floor: 26/27
• Balcony: 78.7 m²
• Parking: 2 underground spaces
• Year: 2026
• Condition: Renovated
• Key Features:
  • 78.7 m² balcony on floor 26 of 27
  • Building pool
  • Gym
  • 24/7 security
  • 2 assigned underground parking spaces
  • Storage room
  • 3 elevators per tower
  • Mamad — built-in protected security room
  • Wheelchair-accessible infrastructure
  • Central air conditioning throughout

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Property Description

This 198 m² mini-penthouse sits on the 26th floor of 27 in THE Five complex, Berl Katznelson Street, Ramat Yosef, Bat Yam. THE Five is built on the highest elevation point in the city — Ramat Yosef’s ridge position means open sightlines from floor 26 with no low-rise obstruction. New construction delivered in 2026, finished and renovated, ready for handover.

The layout comprises 5 rooms: a living area and 4 bedrooms, 3 full bathrooms, and 4 toilets. The apartment includes a built-in mamad (מממ”ד — a Ministry of Defense-standard protected security room): steel blast door, independent ventilation, and sealed glazing. The mamad area is counted within the total 198 m². The 78.7 m² balcony opens directly from the main living area on floor 26 — at 40% of the interior footprint, it is large enough to accommodate a dedicated lounge zone, an outdoor dining setup, and vertical planting structures. The full apartment is served by central air conditioning.

THE Five is developed by Maoz Daniel — a family-owned firm operating for over 30 years, holding Israel’s G5 contractor classification (the industry’s highest tier), and the company that completed the country’s first Pinui Binui (פינוי בינוי — urban renewal program involving full demolition and replacement with new construction) project in Ramat Gan. The complex: 5 towers, 27 floors each, 560 units, architecture by Golomb Architects. Building amenities include a pool, gym, 24/7 security, 3 elevators per tower, 2 assigned underground parking spaces, and a storage room. The complex is fully accessible for residents with mobility needs. All five towers are connected by a landscaped pedestrian axis.

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Location Analysis

Transportation

The Red Line light rail station Yoseftal — 591 m, 8-minute walk from Berl Katznelson Street. Travel time from Yoseftal to central Tel Aviv: 22–32 minutes depending on destination station. Highway 20 (Ayalon) access under 1 km east; Highway 431 (southbound toward Rishon LeZion) connects via the same interchange. Bus routes serving Katznelson Street: 18, 26, 43, 141, 240, 242 — stops Yoseftal/Katznelson and Anielewicz/Katznelson within 2–5 minutes on foot. Israel Railways station Bat Yam–Yoseftal (direct trains to Tel Aviv, Rishon LeZion–Moshe Dayan, Ashkelon): 2,200 m; most practically accessed via Red Line connection. Bat Yam Mall on Yoseftal Boulevard — 447 m, 6-minute walk.

Area Infrastructure

Shopping: Bat Yam Mall — 447 m, 6 minutes walk; the city’s main shopping center with anchor supermarket, banks, and services. Medical: Clalit Ramat Yosef clinic — Struma Street 3, Bat Yam (neighborhood primary care facility within walking distance); Wolfson Medical Center (Holon) — 1.5 km northeast, a major regional multi-specialty hospital. Education: ORT Ramat Yosef School — Mivtza Sinai Street 28, technology-track school within the ORT network. Culture and leisure: Bat Yam Cultural Center, municipal auditorium, Bat Yam Museum of Art, and the Tarbutek public library — all within 600–900 m of Yoseftal Boulevard. Beach: Ramat Yosef is an inland neighborhood; the waterfront promenade is 25–35 minutes on foot, or 3–4 Red Line stops to the Park HaYam seafront district.

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Investment Perspective

Ramat Yosef is Bat Yam’s elevated southern inland district. Secondary market prices in Q4 2025 / Q1 2026: ₪20,000–24,000/m² (Madlan, NadlanCenter). Rental rates for 3-room apartments in the neighborhood: ₪3,800–4,500/month; gross yield range 3.0–3.5%.

Two significant Pinui Binui projects are actively reshaping the surrounding blocks: THE Five itself (Maoz Daniel, 560 units, 5 towers — demolition completed February 2025) and the Gabai Eilat Street project (Gabai Group, 700 units, 10–37 floors, approved for deposit October 2021, projected completion 2028–2032). Both projects replace 1950s–60s stock with new high-rise residential supply across 2025–2032.

Bat Yam citywide: property prices have grown approximately 200% over 10 years (2014–2024) — one of the highest appreciation rates among Gush Dan — Gush Dan refers to the greater Tel Aviv metropolitan area — municipalities (CBS / NadlanCenter). The price gap versus Tel Aviv has held at 35–40% below equivalent stock. The Red Line, operational since August 2023, is the district’s primary transit driver: according to Mayor Tzvika Brot (November 2024), properties within walking distance of Red Line stations consistently trade above ₪40,000/m². THE Five sits 8 minutes on foot from Yoseftal station; the transit discount relative to coastal and city-center neighborhoods is reflected in current secondary market pricing.

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Practical Information

Arnona (ארנונה — Israeli municipal property tax): Bat Yam’s bi-monthly arnona for a residential property of 100 m² runs approximately ₪1,000, equating to roughly ₪6,000/year per 100 m². For this 198 m² unit, the estimated annual arnona is ₪11,800–12,500. New immigrants (olim hadashim) are eligible for a 90% arnona discount in their first year of aliyah under the Ministry of Aliyah and Integration benefit framework.

Vaad bayit (ועד בית — monthly building maintenance fee): for a new construction complex with a pool, gym, and 24/7 security, the typical range is ₪700–1,200/month, covering security staffing, common-area maintenance, pool upkeep, and gym operation.

Payment schedule (new construction): Maoz Daniel’s standard structure — 15–20% at contract signing, milestone payments tied to construction phases, approximately 50% balance due at key handover. All new construction purchases in Israel are covered by a bank guarantee (ערבות בנקאית — arvut bankaít) as required by Israeli law, protecting the buyer’s payments through the full build cycle.

Mortgage (משכנתא — maskhanta): immigrants are eligible for subsidized state mortgage terms through the Ministry of Aliyah and Integration; eligibility and amounts depend on the year of aliyah, family status, and prior property ownership in Israel.

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Contact

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

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