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October 10, 2024
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HaShlosha: Redefining Luxury Living in Jerusalem’s German Colony

(Credit: Studio Aiko)

Jerusalem is known for its rich history, sacred sites and vibrant culture. One of its most sought-after neighborhoods is the German Colony, famous for its charming streets, historical significance and upscale lifestyle. Amid the timeless beauty of this neighborhood, a new real estate project is making waves: HaShlosha (“The Three” in Hebrew). This exclusive development promises to redefine luxury living, blending modern sophistication with the historical allure that makes the German Colony so desirable.

The German Colony is known for being one of the most prestigious areas in Jerusalem. Its streets are lined with picturesque homes, trendy cafes and boutiques, offering residents a unique blend of tranquility and cosmopolitan energy. The neighborhood has been a favorite for years and finding new real estate here has become increasingly rare. This is what makes HaShlosha stand out — it is the first new project in the German Colony in a long time.

Located on HaMagid Street (named after the first Hebrew-language weekly newspaper), HaShlosha is perfectly situated to offer the serenity as well as the vibrancy of Jerusalem. With Emek Refaim and Aza Streets just a stone’s throw away, you are close to trendy cafes, restaurants, shopping, jewelry stores, salons and more. HaShlosha is also close to the iconic Jerusalem Theatre, providing cultural and recreational opportunities right at residents’ doorsteps.

(Credit: Studio Aiko)

In addition, residents can enjoy the best of both worlds — a lively, cosmopolitan atmosphere coupled with the tranquility of green spaces. There is a private garden park area within the HaShlosha complex itself, and there are many parks and outdoor spaces nearby, including the Railway Park and the Moon Park.

HaShlosha is no ordinary development: it is boutique living with a new standard for urban renewal. Unlike the many taller buildings now being erected throughout Jerusalem, this project consists of three low-rise buildings, each five stories high. This low-density design not only preserves the intimate character of the German Colony but also offers a more exclusive boutique living experience.

With only 45 luxury apartments across the three buildings, HaShlosha offers a sense of community and privacy that is hard to find in larger developments. The project is surrounded by beautifully landscaped gardens, creating a peaceful, gated community feel with a private park exclusively for residents. This green space, combined with modern amenities like underground parking, sukkah balconies and spacious storage units, ensures that residents can enjoy both luxury and convenience in one of Jerusalem’s most desirable locations.

The architectural design of HaShlosha is another standout feature. The project is led by renowned architect Matti Rosenshine and interior designer Erez Hayat, both of whom are known for their ability to merge modern design with historical context. Their work on HaShlosha is a testament to their expertise, offering residents high-end finishes, smart home technology and a unique blend of contemporary comfort with the traditional elegance of the German Colony.

Each apartment is meticulously designed to provide residents with a superior living experience. The penthouses, in particular, are a testament to luxury, with full-floor layouts, four-direction views and expansive balconies that offer breathtaking panoramas of the city. Two of the three penthouses have already been sold, a clear indicator of the project’s appeal to discerning buyers.

The German Colony has long been a favored neighborhood among Jerusalem’s dati community, known for its quiet, upscale environment and strong sense of community. Synagogues, schools and community centers are abundant in the area, making it a perfect place for families and those looking to be part of a close-knit yet cosmopolitan community.

The team behind HaShlosha brings a wealth of experience to the project. Capital Invest, the developer, has over 30 years of experience in the real estate market and is known for its dedication to quality and luxury. The project manager who is in charge of the construction phase, is behind the successful Waldorf Hotel in Jerusalem, a symbol of excellence in hospitality and design and the Shneller compound.

(Credit: Studio Aiko)

Another key figure is Oren Cohen, a real estate expert with three decades of experience, 90% of which has been working with clients from outside of Israel. His expertise ensures that overseas buyers can navigate the purchasing process with ease and confidence. Cohen is known for his commitment to his clients, offering a full-service experience that includes everything from legal support to interior design consultations. Cohen’s presence provides peace of mind in what can often be a complicated process.

Since the demolition of the previous structures on this site in July of last year, construction has been progressing steadily, with completion expected in less than three years. Already, 40% of the apartments have been sold, a clear reflection of the demand for high-quality real estate in the German Colony. Many of the buyers are from the New York and New Jersey areas, drawn to the unique blend of modern luxury and historic charm that HaShlosha offers.

For more information, contact Oren Cohen, [email protected] or www.orencohengroup.com/blog/guide-to-buying-property-in-israel, or visit http://orencohengroup.com/hashlosha.


Arnie Draiman is a philanthropic consultant helping people and foundations give their tzedakah money away wisely, efficiently and effectively for over 25 years — and has lived in Israel for 40 years (in and near the German Colony!). In addition, he consults to hi-tech start-ups, and is an expert in social media marketing and promotion. He can be reached at [email protected].

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