Real estate sources estimate the 385-sq.m. house's value at NIS 10-12 million.
Sources inform ''Globes'' that Minister of the Economy Naftali Bennett has put his 385-square meter Ra'anana house, on an 820-square meter lot, up for sale. He built the house after selling his company Cyota for $145 million. The house on Tsifman Street has easy access to the Ra'anana-Kfar Saba Junction, in the heart of the city's national religious neighborhood, which includes public religious institutions.
According to the Israel Tax Authority, Bennett bought the property for NIS 8,275,000 in 2007. Real estate sources estimate the house's value at NIS 10-12 million.
Bennett's aides confirm that he has put the house up for sale, but declined to say where he will move to, or to discuss the asking price. "Minister Bennett will be happy to move to a new address as soon as possible. He has invited guests for the Sabbath," said his office.
Published by Globes [online], Israel business news - www.globes-online.com - on May 26, 2013
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