4-Room Penthouse 180 m² + Terrace 70 m² — Park HaYam, Bat Yam

Quick Facts

Property Type	Penthouse
Total Area	180 m²
Rooms	4 (living room + 3 bedrooms)
Bathrooms	2
Toilets	3
Terrace	70 m²
Parking	2 spaces
Year Built	2022
Condition	Near-new
Offer Type	Secondary market

Key Features:

• 70 m² penthouse terrace — Park HaYam seafront quarter
• Mamad — reinforced safe room integrated into the apartment plan
• 2 dedicated parking spaces
• Building lift and 24/7 security
• Air conditioning throughout
• Storage unit
• Bars on windows
• 0–200 m to the Mediterranean

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Property Description

This 180 m² penthouse sits on Ha-Komemiyut Street — the main artery of Park HaYam, Bat Yam’s southern seafront quarter where towers face the Mediterranean from 0–200 m. Built in 2022, it is a secondary market transfer in one of the district’s first completed high-rise buildings, now occupied and operational. The HaKomemiyut Red Line station (R1 southern terminus) is within 5–10 min walk; Israel Railways Bat Yam–Komemiyut station is 5–8 min walk — the only address in Bat Yam with both rail systems within a single walking radius.

The apartment spans 4 rooms — a living room and 3 bedrooms — across 180 m², with 2 full bathrooms and 3 toilets. The 70 m² terrace is accessible directly from the living area and delivers the scale that defines penthouse-level units in this district: comparable apartments on lower floors carry balconies of 12–20 m². Air conditioning is installed throughout. The integrated mamad — מרמ”ד, a reinforced safe room mandatory in Israeli construction since 1992 — meets current civil defence standards and functions as usable interior space within the floor plan. Window bars are fitted throughout. 2 assigned underground parking spaces are included, standard in Park HaYam new construction but not guaranteed in all secondary transfers.

The building includes a passenger lift, 24/7 security, and a dedicated storage unit. Park HaYam towers built from 2020 onwards — the class this 2022 building belongs to — are constructed to green building standards and typically include high-speed passenger lifts, a lobby, and tenant amenity areas. Bus stops for lines 1, 10, 40, 43, 83, 85, and 87 are within 150–350 m on Ha-Komemiyut Street.

Location Analysis

Transportation

HaKomemiyut Red Line station (#34 — the southern terminus of Line R1) is 5–10 min walk from Ha-Komemiyut St. The Red Line runs the full length of Bat Yam and connects to Tel Aviv’s metro network; travel time to central Tel Aviv is approximately 15–22 minutes. Israel Railways Bat Yam–Komemiyut station is 5–8 min walk, serving the Herzliya–Ashkelon and Herzliya–Rishon LeZion Moshe Dayan national rail lines — direct service to Tel Aviv HaHagana, Ashdod, and Beer Sheva. Ben Gurion Airport is approximately 50–60 min by rail (one transfer at Tel Aviv HaHagana) or 20–25 min by car. The HaKomemiyut interchange provides direct access to Highway 20 (Ayalon); drive time to central Tel Aviv by car is 15–20 min.

Area Infrastructure

Park HaYam is a neighbourhood in active transformation, with completed lifestyle infrastructure already in place. Adam’s Rock Beach — the city’s largest, rehabilitated in 2023 with approximately 60,000 m³ of new sand — is 0–200 m from towers on Ha-Komemiyut. Sunset Beach (fully renovated, August 2024) and Riviera/Marina Beach with its open-air gallery are within the same coastal arc. The 3.2 km beachfront promenade extends north continuously to Jaffa. A 100-dunam public park with ecological pond, children’s adventure area, eucalyptus grove, and sports facilities is the centrepiece of the Park HaYam master plan, surrounded by residential towers on multiple sides. Rami Levy supermarket (Ha-Amal 20) is approximately 1.0–1.5 km north. Bat Yam Mall — Big Fashion, 23,300 m², 130+ shops and a cinema complex — sits on Yoseftal Blvd, accessible in approximately 15 min by foot or 3 stops on the Red Line. The Darca network schools, which drive Bat Yam’s 91–92% bagrut matriculation rate — among the highest of any Israeli city — are located in the City Center district, reachable by Red Line in 3–5 stops.

Investment Perspective

Park HaYam new construction is priced at ₪30,000–45,000/m²; penthouse and top-floor sea-view units reach ₪55,000–60,000/m² (Madlan / NadlanCenter, Q4 2025–Q1 2026). The average purchase price across the neighbourhood reached ₪3,606,641 in January 2026 (Madlan) — the highest average of any Bat Yam district. Average rent in Park HaYam is ₪8,800/month, 87% above the city average of ₪4,700/month. Gross rental yield runs 2.5–3.0%, reflecting purchase prices that have outpaced rents so far; this gap has historically compressed as newly built coastal neighbourhoods mature and stabilise.

For historical reference: the Galil Yam area within the Park HaYam zone averaged ₪2,980,000 in 2018 and ₪5,240,000 in 2022 — a 76% increase over four years (Madlan historical data), outpacing both citywide Bat Yam appreciation and Tel Aviv price growth over the same period. Park HaYam trades at 40–60% below comparable Jaffa beachfront (Jaffa: ₪60,000–120,000+/m²). The coastal Red Line corridor in Bat Yam was among the fastest-appreciating micro-markets in Israel as of early 2026, with annual price growth in the 3–6% range (Sands of Wealth / CBS data, Q1 2026), outperforming the national average during the current high-rate environment.

Supply is the primary risk factor: approximately 10,000 units are planned for the full Park HaYam buildout. Citywide unsold new inventory rose 42% between end-2023 and November 2024 (Globes, January 2025). This is a secondary market unit in a completed, occupied building — it carries none of the delivery risk of forward purchases. Buyers with a 7–10 year horizon are best positioned to absorb near-term supply pressure as the neighbourhood matures toward its full buildout.

Practical Information

Arnona (ארנונה — municipal property tax) in Bat Yam is levied per m² annually, with rates set each year by the city council. Park HaYam falls under Zone A, the standard residential zone covering most of Bat Yam. The 2016 municipal arnona order set Zone A residential at ₪60.96/m²/year; applying the cumulative annual increases mandated by the Interior Ministry (averaging 2–5% per year, with a 5.29% increase effective January 2025) brings the estimated current rate to approximately ₪71–75/m²/year. At 180 m², estimated annual arnona is approximately ₪12,800–13,500/year, payable in six bi-monthly instalments. New immigrants — olim — receive a 67.5% arnona discount on the first 100 m² for the first 12 months from aliya date.

Vaad bayit (ועד בית — monthly building maintenance fee) in Park HaYam towers of this class typically runs ₪600–800/month, covering 24/7 security, passenger lifts, lobby maintenance, common area upkeep, and tenant amenity facilities. This figure is building-specific and should be confirmed with the building management before purchase.

Mortgage (משכנתא): non-resident buyers and new immigrants are eligible for Israeli bank mortgages. The Bank of Israel key rate stands at 4.25% as of March 2026; mortgage terms and loan-to-value ratios vary by residency status and income documentation. A licensed Israeli mortgage advisor should be consulted before signing.

Secondary market transfer costs: the buyer pays mas rechisha (מס רכישה — purchase tax), lawyer fees typically 0.5–1.5% of the purchase price, and agent commission. An Israeli-licensed lawyer is required for all property transactions.

Contact

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

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