6-Room Penthouse 250 m² + Terrace 150 m² — Ramat Yosef, Bat Yam

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Quick Facts

• Property Type: Penthouse
• Total Area: 250 m²
• Rooms: 6
• Bathrooms: 3
• Toilets: 4
• Floor: 27/27 (top floor, entire level)
• Terrace: 150 m² across two open terraces
• Parking: 2 underground spaces
• Year: 2026
• Condition: New, developer specification finish
• Key Features:
  • Private pool and jacuzzi on terrace
  • 4-direction exposure — sea, Gush Dan, Tel Aviv, coastal line to Ashdod
  • Mamad (ממ”ד) — built-in reinforced safe room, mandatory in Israeli new construction
  • 3 elevators per tower
  • Electric-barrier-controlled underground parking
  • Storage unit included
  • 6-dunam landscaped park between the five towers
  • Full accessibility compliance

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Property Description

This 250 m² penthouse occupies the entire 27th and top floor of Tower 1 in the THE 5 quarter, Berl Katznelson St., Ramat Yosef, Bat Yam — the highest ground in the city. Two terraces totaling 150 m² deliver four-directional panoramic views: the Mediterranean to the west, Tel Aviv and Gush Dan to the north, the coastal line from Bat Yam to Ashdod to the south. A comparable full-floor penthouse of 252 m² in the same project sold in October 2025 for ₪8,000,000.

The layout spans 6 rooms: living area, master suite with en-suite bathroom and walk-in wardrobe, and additional bedrooms. Three full bathrooms plus four toilets serve the full floor. Both terraces carry a private pool and jacuzzi — installed as part of the premium collection specification on floors 25–27. All living areas include air conditioning. The mamad (ממ”ד — reinforced safe room) is built into the plan as required by Israeli construction law. The apartment is sold with two allocated underground parking spaces and an adjoining storage unit. The developer’s specification includes high-grade interior materials, a large open-plan kitchen with island, and floor-to-ceiling glazing on the sea-facing façade.

The THE 5 quarter consists of five towers, each 27 floors, 112 apartments per tower — 560 units total. The project was delivered through Pinui Binui (פינוי-בינוי — urban renewal mechanism where old buildings are demolished and replaced with new construction): six two-storey residential blocks from the 1950s were cleared from the site in 2022, with original owners allocated units in the new towers. Developer: Maoz Daniel — a family company with over 30 years of operation, Israel’s highest contractor classification, ISO 9002 certified. Architect: Gideon Golomb (Golomb Architects); premium penthouse collection architect: Miki Treves. A 6-dunam landscaped park with a shaded pedestrian axis connects all five towers. Each tower has a double-height lobby and a residents’ lounge on the ground floor. The project is residential only — no commercial or retail uses, which keeps vaad bayit costs structurally lower than mixed-use towers.

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Location Analysis

Transportation

Ramat Yosef occupies the elevated southeastern inland portion of Bat Yam. Berl Katznelson St. sits approximately 300 m from the Red Line light rail corridor. The two nearest stations — Yoseftal (#31) and Kaf Tet BeNovember (#32) — are a 10–15-minute walk. The Red Line opened 18 August 2023; travel time to central Tel Aviv is 15–22 minutes from either station. Fare: ₪8. Operating hours: Sunday–Thursday 05:30–23:00; Friday and eve of holidays until 15:00; Saturday night from 18:30. Israel Railways Bat Yam–Yoseftal station is also within walking distance, providing direct heavy-rail service to Tel Aviv, Ashdod, and Beer Sheva. Highway 20 (Ayalon) runs the full eastern edge of Bat Yam: driving time to central Tel Aviv is 15–20 minutes, to Ben Gurion Airport 20–25 minutes. Future Metro M3 line is planned to serve the Yoseftal corridor; construction is not expected before 2032.

Area Infrastructure

Bat Yam Mall (Big Fashion) — 23,300 m², 130+ stores — is 800 m–1 km north via Yoseftal Blvd, a 10–12-minute walk from the northern end of Ramat Yosef. Within the immediate neighborhood: ORT Ramat Yosef secondary school (technology and academic tracks, national ranking #409); Yigal Alon elementary school (Nissenbaum 22) and David Elazar elementary school (Neukoeln 3). The MoBY museum cluster — Ben-Ari Museum of Contemporary Art, Rybak House, Sholem Asch Museum — sits within or directly adjacent to Ramat Yosef. Heichal HaTarbut, Bat Yam’s main concert and performance venue, is in the same vicinity. The Mediterranean is approximately 1.5–2 km away (15 minutes walk); the Red Line connects to Bat Yam’s beachfront districts in two stops.

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Investment Perspective

Ramat Yosef’s secondary market currently trades at ₪20,000–24,000/m² (Madlan, Q4 2025) — the second-lowest entry point in Bat Yam after Shikun Amidar. The comparable full-floor penthouse sold in October 2025 at ₪31,746/m², reflecting the premium that top-floor new construction commands over the neighborhood average. Bat Yam city-wide prices grew approximately 200% over the decade from 2014 to 2024 — one of the highest appreciation rates among Gush Dan municipalities (CBS / NadlanCenter). The price gap to Tel Aviv remains at 35–40%: new construction in Tel Aviv runs ₪55,000–70,000/m² against ₪27,000–32,000/m² in comparable Bat Yam product. Two Pinui Binui projects are actively transforming Ramat Yosef: THE Five (Maoz Daniel, ~500 units, demolition started February 2025) and Gabai Group on Eilat St. (700 units, 4 × 37-floor towers, approved for deposit). Together they will add approximately 1,200 new units to a neighborhood with a current stock of 2,000–3,000 apartments by 2030–2032 — a demand-signal comparable to the transformation Ramat HaNasi underwent from 2017 to 2023. The final premium collection of 41 apartments and penthouses (floors 25–27) in THE 5 represents the most supply-constrained segment within the project.

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Practical Information

Arnona (ארנונה — annual municipal property tax): for a 250 m² property in Bat Yam, the indicative range is ₪15,000–17,500 per year, extrapolated from the city’s published rate of over ₪6,000/year per 100 m² of residential space. The exact zonal rate for Berl Katznelson St. for 2025–2026 is confirmed directly with Bat Yam Municipality Arnona Department at 03-555-8555.

Vaad bayit (ועד בית — monthly building maintenance fee): THE 5 is a residential-only project with no gym, pool, or commercial facilities in the common areas. The private pool and jacuzzi on the penthouse terrace are the owner’s responsibility. Vaad bayit covers elevator maintenance, entry barrier system, communal lighting, cleaning, and management. Indicative range for this project class: ₪250–400/month. The exact figure is set by residents following occupancy.

Payment schedule (new construction, Maoz Daniel): 10% at contract signing; milestone payments tied to construction stages; balance on key handover in 2026. Maoz Daniel has offered subsidized company loans and deferred payment programmes in marketing campaigns — current terms to be confirmed directly with the developer’s sales team.

Mortgage (משכנתא): new immigrants (olim) are eligible for Bank of Israel preferential mortgage programmes. Bank of Israel base rate stands at 4.25% as of March 2026. Current terms should be confirmed with a licensed mortgage broker at the time of transaction.

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Contact

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

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