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US Resident Purchases Ashkelon Penthouse for NIS 7.5 Million
A real estate transaction in Ashkelon has seen a US-based couple acquire a luxury penthouse for 7.5 million Israeli shekels. The buyers intend to use the coastal property as a secondary residence, splitting their time between the United States and Israel. This purchase highlights the ongoing appeal of Israeli coastal real estate among foreign buyers, particularly from North America. Despite economic fluctuations and regional security challenges, luxury properties in cities like Ashkelon continue to attract international investment.