Sunday, January 22, 2017

Property prices are rising in some of the old Jewish quarters in Europe

In Poland, Barcelona, Rome and Berlin, traditionally Jewish neighborhoods have recently seen an appreciation for their heritage and an upswing in real estate prices and development. Photo: Shutterstock

In the fall, Lane Auten, an American real-estate developer who lives in Barcelona, began marketing 10 condominiums in an early 19th-century building he restored in the Call, Barcelona’s medieval Jewish quarter.

Next door is a Jewish museum that opened in 2002 on the site of a medieval synagogue. So far, half of the apartments have sold for between $650,000 and $1.35 million, said Mr. Lane, managing partner of ARC Properties, a Barcelona-based real-estate developer.

The existence of a developer that would make Jewish heritage part of a marketing plan is a big change, said Adi Mahler, co-founder of Barcelona Dreaming, a tour company that specializes in the city’s Jewish history. “There was no awareness whatsoever about Jewish heritage” for many years, said Mr. Mahler, who noted that Barcelona’s Jewish history was largely erased after 1391, when Jews were massacred or forced to convert to Christianity.

Mr. Auten’s condos are one example of a new appreciation for traditionally Jewish neighborhoods in parts of Europe. Haunted by harsh conditions for Jews over the centuries and the specter of the Holocaust, these areas are now being embraced by both Jewish home buyers and non-Jews who value their unique character. Tourists are drawn by museums, guided tours and cultural events that explore Jewish history, and cafes, bars and restaurants have opened to cater to them.

In Rome, Andrea Colavita, 34, with the help of his father, Enrico Colavita, 71, purchased a $2.1 million, three-bedroom apartment in the Jewish quarter in November. The apartment overlooks the area’s main square and synagogue. The elder Mr. Colavita lives with his wife just down the street in an apartment he bought seven years ago. [...]

1 comment :

  1. They all walk over Jewish blood all over the streets.


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