
42° Residence Eilat
Hospitality & Lifestyle Complex · EilatA hospitality and experience complex in the heart of Eilat, combining contemporary design, culinary offerings and unique content, guided by Live-Work-Play principles.
Project PageInitiating, developing and managing real estate complexes, driven by long-term strategy and maximum entrepreneurial agility
Carel Group, owned by entrepreneur Avi Carel, was founded in 1994 and specializes in identifying, developing and managing exceptional projects across real estate, tourism, content and technology. The group is a pioneer in diverse fields of development, income-producing real estate, urban renewal, hospitality and culinary ventures, with a unique specialization in mixed-use projects and holistic solutions combining residence, commerce, entertainment, leisure and hospitality.
Today we manage projects and assets on a broad scale, with an uncompromising commitment to the company's core values: excellence, quality and service.

A hospitality and experience complex in the heart of Eilat, combining contemporary design, culinary offerings and unique content, guided by Live-Work-Play principles.
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Carel Group's flagship project, combining luxury residences, hospitality, commerce and leisure.
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A heritage property in Tel Aviv's historic Sharona complex, blending Templer legacy with contemporary culinary, hospitality and content experiences.
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A landmark project in the Yaalim neighborhood: clearing 121 housing units and building some 600 new apartments in a renewed neighborhood with green parks and public institutions — likely the first urban renewal project in Eilat.
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A new Carel Group project on Golani Brigade Street in Eilat. Further details coming soon.
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