Buy apartments in Netanya want to buy both residents and foreigners. This is a great and cost-effective investment.
It does not matter whether you want to rent out the apartments, live in them yourself, or just resell in a year or two. You will still be on the plus side.
Why is buying an apartment in Netanya a good idea?
The great demand for apartments in Netanya is due to a lot of reasons. The main ones are as follows:
- Netanya is the largest resort city in Israel
- in Netanya more than 300 sunny days a year
- Sea temperature allows you to swim 7-8 months a year
- Real estate prices in Israel are constantly growing
All this makes real estate in Netanya a great buy, both for vacationers and people who want to earn money on renting or reselling housing.
The cost of apartments in Netanya
The cost of apartments in Netanya varies greatly depending on the area of the city, distance from the center and the sea coast. Read more about good and bad neighborhoods in Netanya here!!
The average price for an apartment starts at 2300000 ₪ for an area between 50-70m2.
The cost of apartments with a large area (150-300m2) located in the coastal area can reach 20000000 ₪.
Conclusion
If you decide to buy an apartment in Israel, then Netanya is definitely a great place for such a deal.
Buying a good object, you can provide yourself and your family a great place of rest, or get a passive business, renting apartments for short or long term.
In addition, the prices of Israeli real estate has been continuously rising for 10 years. So, if in a year you decide to sell your property, you will be able to get for it a much larger amount than you spent when you bought it.