For Sale Through a Receivership Process – 2-Room Apartment with a Large Yard in Eilat

📍 5 Tzin Street, Arava Neighborhood, Eilat

A 2-room ground-floor apartment, approximately 45 sqm, consisting of a living room, kitchen, bedroom, and bathroom.

🌴 Attached yard: approximately 190 sqm, plus approximately 40 sqm of lightweight construction structures.

⚠️ The yard and structures are not included in the approved building permits and are not part of the registered property area. This must be taken into consideration by potential buyers.

💰 Current rental income:

The apartment is currently rented for ₪4,250 per month until June 6, 2027, generating annual rental income of ₪51,000.

⚖️ Receivership Process

• Case No.: PRK 74859-06-26

• Receiver: Adv. Israel Bachar

• Deadline for submitting offers: September 6, 2026 at 16:00

• Deposit / Bank Guarantee: 10% of the offered amount

• The sale is subject to court approval

• The property is sold AS IS, in its current condition

⚠️ Building violations / unauthorized construction exist on the property – full details are available in the receivership documents and appraisal report.

📞 For further information, to receive the receivership documents and to schedule a viewing:

Korenfeld Properties – Eilat

The information is based on the appraiser’s report and the documents of the receivership proceedings.