A Guide to the City of Neve Tzedek

Neve Tzedek Tel Aviv is one of the most prestigious neighborhoods in Israel, which is why  Neve Tzedek real estate is in such high demand. Notable names like Roman Abramovich – renowned owner of Chelsea football club – have residences here.

This neighborhood is an attraction to both locals and visitors from abroad. Hordes of people from the city of Tel Aviv take a walk to Neve Tzedek on afternoons every day. They go there for the European-style restaurants, the boutiques, the museums, the picturesque environment, and the village-like atmosphere.

The history of Neve Tzedek, along with the cultural significance of some of the buildings here, are part of its allure.

These qualities also attract visitors from the rest of the country and from abroad. Some of these visitors like it so much that they want to move and settle here. However, Neve Tzedek has run out of space for new buildings. They can only be constructed in the outskirts. This has further fuelled the rising prestige of living in Neve Tzedek.

Here’s a quick round-up of what to expect from Neve Tzedek Tel Aviv.

Attractions Worth Visiting 

There are multiple sites of cultural significance in Neve Tzedek. Some of these sites were protected from demolition and alteration, which has contributed to the Neve Tzedek atmosphere remaining the same over the decades.

The Nahum Gutman museum of art resides in one of the oldest buildings in the neighborhood. The building has been home to multiple writers of repute, including Devorah Baron and Yehuda Burla.

The Suzanne Dellal center for dance and theater is another major cultural attraction. The center was established in 1989 with the mission of promoting the development of contemporary dance in Israel.

The Yitzhak Rabin Center is a library and research center dedicated to the memory of assassinated Israeli prime minister Yitzhak Rabin.

Another notable cultural center worth visiting is the Rokach House, built for community leader Shimon Rokach in 1887. Rokach is credited with the vision of the initial migration from the crowded port city of Jaffa. The place is now managed by Rokach’s granddaughter, an artist. Tourists who visit the place praise the history as well as the claywork of Rokach’s granddaughter.

And last but not least is the Old Train Station, a historical landmark that has now turned into a tourist attraction with trendy shops and eateries.

Neve Tzedek Real Estate

Neve Tzedek real estate has significantly appreciated in value over the years. At one time, with about twenty thousand dollars, you could get an apartment in Neve Tzedek. However, due to the growth of the neighborhood’s prestige, and the accompanying rise in demand, prices have sky-rocketed.

All the space for building new houses has run out. So, the only way to get yourself a piece of Neve Tzedek is to buy it from someone.

And even after acquiring a piece of real estate, there is a limit to how you can develop it. Due to the significance of Neve Tzedek, it was decided that the neighborhood’s atmosphere was to be preserved. As such, buildings can’t go past three storeys. Additionally, there are building styles which one must adhere to. For example, there is a catalog of colors which one must choose from when painting the facade of a building.

Such measures have helped to preserve Neve Tzedek and have added to its prestige.

The style of housing used is similar to that of European houses. In addition, the area has multiple European-style eateries, contributing to its European vibe. This was an important factor in attracting settlers from Europe, which pushed the demand of the neighborhood even higher.