The cost of apartments – this is the first thing that interests people who want to buy real estate in this beautiful city. Netanya – the seventh most populous city in Israel and the largest resort in the country.
Netanya has the largest length of the beach line. It is an ideal place to live, investing in real estate or renting out property.
Another advantage of Netanya is its proximity to Tel Aviv. Many Israelis prefer to live in Netanya and work in Tel Aviv. In this way they can save money on buying or renting a place to live, and receive a high salary.
Want to rent or buy housing in Netanya? Call now!
The cost of apartments in Israel and specifically in Netanya is growing from year to year. So that the purchase of real estate in this city, without a doubt is a great investment.
Netanya neighborhoods
As in any other city, prices for apartments in Netanya depend on the area of the city. The most prestigious neighborhoods:
- Nat 600 (Greental)
- Ir Yamim
- Ramat Poleg
- Kiryat HaSharon
- Nitsa Boulevard
Prices in these neighborhoods are on average 9-24% higher. but the upscale neighborhoods have extensive infrastructure and many luxury properties.
Lower real estate prices, in the older neighborhoods. Here there is less new real estate, but you can buy an apartment cheaper. Cheaper neighborhoods include:
- Kiryat Nordo
- Dora
- and others
Read more about good and bad areas of the city in the article Neighborhoods of Netanya
Apartment prices in Netanya
Below you can see the average prices of apartments in Netanya, depending on the number of rooms.
1 room apartments
Total area of apartments: 30-37 m2
Price range: 900,000 – 1,100,000 ₪
Average price: 980,570 ₪
2 room apartments
Total area of apartments: 40-75 m2
Price range: 1,400,000 – 2,550,000 ₪
Average price: 1,730,000 ₪
3 room apartments
Total area of apartments: 60-110 m2
Price range: 1,800,000 – 4,500,000 ₪
Average price: 2,300,000 ₪
4 room apartments
Total area of apartments: 84-167 m2
Price range: 2,500,000 – 4,800,000 ₪
Average price: 2,900,000 ₪
5 room apartments
Total area of apartments: 120-190 m2
Price range: 2,880,000 – 6,400,000 ₪
Average price: 3,400,000 ₪
6+ room apartments
Total area of apartments: 130-240 m2
Price spread: 4 500 000 – 11 200 000 ₪
Average price: 6,700,000 ₪
Please note that these are average prices for the city. In Netanya every year new exclusive buildings are built with their own infrastructure, swimming pools, gyms.
In such buildings you can find multi-level luxury apartments, with a large area and a huge balcony. The cost of such apartments can reach 50,000,000 shekels and more.
Want to rent or buy an apartment in Netanya? Call right now!
