Madonna is spending $20 million on a new condo in Tel Aviv. Photo: Wikimedia Commons.

Pop superstar Madonna is finalizing details in the purchase of a customized, two-story condo in Tel Aviv that will cost her $20 million, celebrity gossip site TMZ reported on Friday, citing sources close to the deal.

The pop singer’s 12,000 sq. ft. new home, the purchase of which is nearly two years in the making, is perched on the top of a 42-story skyscraper in Tel Aviv that was designed by famous Getty architect Richard Meier. Madonna’s condo includes a gym, lavish living room and rooftop pool, TMZ noted.

The Material Girl will have some famous neighbors including Scott Disick, who recently purchased a Tel Aviv condo, and Ashton Kutcher and Mila Kunis, who are rumored to be looking for a home in the popular city. Madonna is no stranger to Tel Aviv and the city was was the first stop on her 2012 MDNA world tour.

Madonna was raised Roman Catholic but has been a follower of the Jewish mystical teachings of Kabbalah for nearly two decades. The 56-year-old is a staunch supporter of Israel and has performed numerous times in the Jewish state, defying the anti-Israel Boycott, Divestment and Sanctions movement.