Land for sale approved for Hotel on shores of the Sea of Galilee

Information - Property #49-6362


Migdal-Ginossar - Approved land for building a hotel
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In Migdal on the shores of the Sea of Galilee is a plot of 22 dunams
Approved for building a hotel, an approved area for construction 7,500 sq.m. on 2 floors,
A total of about 110 rooms.
Development fees were paid
Price - NIS 1,600,000 per dunam and a total of NIS 35.2 million.($10'000'000)

MIGDAL
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The modern town of Migdal is the traditional site of Magdala, the town of Mary Magdalene, a follower of Jesus. The name Magdala comes from the word for “tower” and probably referred to towers used for drying fish caught in the Sea of Galilee. Magdala was also known by its Greek name, Taricheae.

The Roman-era ruins at Migdal are administrated by the Catholic Church and not open to the publich, but visible through a wrought-iron fence. The ruins include a synagogue and Byzantine church with a mosaic of a fishing boat and ancient perfume vials, perhaps similar to the perfume vial used to annount the feet of Jesus in Luke 7:38.

Details

Price:
$ 10,000,000
Type:
Land
Area:
North
City:
Migdal
Neighborhood:
Tiberias
Size:
22,000 sq. meters
Plot Size:
22
View in map:
Tiberias Migdal

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