The luxury real estate market in the Middle East features plenty of stunning properties, but none quite like the home of Israeli business mogul Tom John Or-Paz. This stunning apartment developed by LightArt in the most expensive piece of land in Tel Aviv has just hit the market for $55 million and is waiting to find a new owner who will appreciate its unique character and exquisite artwork.
Founded in 2019, LightArt is known as a trailblazer in the branded real estate market and has been involved in many successful projects in locations across Austria, Dubai, Israel, Indonesia, and India, becoming a disruptive force in the industry. The company’s mission is to create one-of-a-kind residential and commercial properties by combining art, contemporary design, innovation, and sustainability with the help of a team of world-renowned architects, interior designers, and leading artists from all over the world.
Or-Paz’s 422sqm apartment is their latest and most expensive project so far, boasting a series of exclusive features that set it apart from other properties on the market. The three-storey penthouse is located on Hayarkon 90A, one of the most popular and versatile streets in Tel Aviv, and is the only property in the city that offers a panoramic sea view.
So, let’s take a tour of this luxurious apartment and see what else it has to offer. The property underwent a $10 million renovation during the pandemic that significantly boosted its value by including a series of features and functions such as a state-of-the-art entertainment system with high-end audio and video installation remote-controlled curtains, blinds, cameras, and electricity.
A private lift ensures easy access to the penthouse, with the living room and kitchen occupying the seventh floor, while the floor below is dedicated to the bedrooms. If there’s one thing that can be said about this apartment is that it doesn’t skimp on space. The master suite spans over 90sqm, featuring a $30,000 super king-size Tempur mattress, a huge closet with five movable doors, and an 18sqm balcony. The property also includes a rooftop terrace that provides spectacular views of the sea and plenty of room for entertaining around its infinity pool and barbecue area.
But what really makes this penthouse shine brighter than other luxury properties on the market is the fantastic original art by Dali, Banksy, Ghost, and other renowned artists adorning its rooms. The custom-made red Boudreaux grand piano by Yamaha is another beautiful element that gives the place character and authenticity.
No effort has been spared in designing this unique penthouse, and that is reflected in the details that complete the setting and tie everything together: a custom-made lighting system with liners, extraordinary candle lighting, and LEDs with 150 lighting scenarios and scenes, an advanced alarm system and concrete safe-box, top quality kitchen appliances, and luxurious bathroom amenities.
Or-Paz has already received a $47.5 million offer for the penthouse but the owner is waiting for someone who can appreciate it at its true value before parting ways.
