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Buy an apartment in Netanya – a dream not only many residents of Israel, but also foreigners.

Netanya is a great place to buy real estate for many reasons:

  • the largest resort city in Israel
  • beautiful area
  • modern infrastructure
  • 30 minutes drive to Tel Aviv
  • More than 300 days of sunshine a year
  • warm winters and not very hot summers
  • Apartment prices are constantly rising
  • far from the Gaza Strip

In addition, in recent years, the Israeli government has allocated funds for the renovation, improvement and popularization of the city as the largest resort in the country.

In this regard, buying an apartment in Netanya is an excellent investment.

Many apartment owners, simply rent out the property and have a good passive income.

Want to rent or buy an apartment in Netanya? Call right now!

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Apartment prices in Netanya

The range of prices for apartments in Netanya is very large. The price depends on:

  • the neighborhood of the city
  • local infrastructure
  • distance from the city center
  • distance from the sea
  • window view
  • balcony
  • year of commissioning
  • floor
  • elevator availability
  • technical condition of the building
  • apartment condition
  • etc.

In Natanya everyone will be able to find a place to live according to their abilities and needs.

Below you can see the average prices of apartments in Netanya:

1-bedroom apartment – average price: 1,050,000 ₪

2-bedroom apartment – average price: 2,100,000 ₪

3-room apartment – average price: 2,500,000 ₪

4-room apartment – average price: 3,000,000 ₪

5-room apartment – average price: 3,500,000 ₪

6(+)-room apartment – average price: 4,600,000 ₪

Read more about prices in the article Cost of apartments in Netanya.

Housing options for purchase

As in other cities, in Netanya you can buy an apartment from a developer or second hand. Both options have advantages and disadvantages.

Apartments in a new building will have a modern layout and interior decoration, as well as a clean entrance with a new elevator. However, the prices for new apartments are also higher than for “secondary” apartments

Secondary housing can be bought much cheaper and faster to formalize ownership. But it is more difficult to find a good apartment. You need to pay attention to the condition and age of the house, as well as the finishing of the apartment. Often have to make major repairs in the room, as all the finishing is outdated and deteriorated. So, if you want to buy an apartment inexpensively, you will have to spend enough time.

In addition, it is necessary to check whether the owner does not have debts on loans, and whether the apartment is not under arrest. If the building is very old, you need to check whether it is not subject to demolition.

All checks are handled by a lawyer. Without him to buy an apartment in Netanya, and in all of Israel is impossible.

Searching for apartments for sale

You can find apartments for sale yourself. This way you can save on the commission to the realtor. However, searching and communicating with the owners can be time-consuming. Especially if your Hebrew is not perfect, and you do not understand the intricacies of buying and selling real estate in Israel.

Most often, to find apartments in Israel resort to the help of realtors. First, they already have a database of apartments that are for sale. Secondly, a good broker can agree with the owner of housing and “knock out” for you a good discount, which will cover the cost of his services. Third, the broker knows all the subtleties and intricacies of the local real estate market. He will help to formalize the deal faster and more profitable.

Want to rent or buy housing in Netanya? Call now!

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The main stages of buying an apartment in Israel

The process of buying an apartment in Israel consists of several stages. Depending on the type of transaction, the procedure may vary slightly, but not significantly.

  • searching for an apartment for sale
  • reservation of the apartment
  • checking the apartment lawyer
  • obtaining a loan, credit or mortgage (optional)
  • making an advance payment
  • drawing up and concluding a contract
  • paying for the apartment
  • re-registration of property rights

Detailed information about the procedure of buying real estate in Israel, you can find on our website.