For Sale – Income-Producing Investment Apartment at Royal Park, Eilat

An excellent opportunity to purchase an income-producing property in Eilat!

For sale in the sought-after Royal Park complex — a pleasant 2-room apartment with a private balcony, ideal for living, vacations, or as an income-generating investment in Israel’s leading resort city.

The apartment is located on the 1st floor of a 2-story building, with approximately 45 sqm of interior space, and includes a private parking space registered in the Land Registry (Tabu) — a significant advantage in Eilat.

The property is currently rented to a professional management company specializing in short-term rentals, which operates the apartment as a daily vacation rental. This provides the owner with a steady income without the need for day-to-day management.

Property Details:

✔️ 2-room apartment

✔️ Approximately 45 sqm

✔️ Private balcony

✔️ 1st floor of 2

✔️ Private parking registered in Tabu

✔️ Currently rented to a management company under an existing agreement

Investment Details:

💰 Monthly rental income: ₪5,500

📅 Remaining lease term: approximately 7 months

💰 Complex management fee: ₪700 per month

Asking Price:

₪1,670,000

An excellent opportunity to purchase a property in one of Eilat’s sought-after complexes — combining an excellent location, ongoing rental income, and strong potential to benefit from the high demand for vacation rentals in Eilat.