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Buying real estate in Israel – a pressing issue for both repatriates who came to the country relatively recently, and for those who were born and raised in the holy land. In addition, to acquire square meters in Israel dream and many foreigners.

The fact is that real estate prices in Israel are constantly rising for more than 10 years. So that the purchase of an apartment can be a great investment and getting a permanent passive income from renting out housing.

The acquisition of their own housing, whether it is an apartment or a house, solves the problem of rent, because it is very high here. For example, rent 4 room apartment in Netanya, costs 4000-10000 shekels (about 1170-2940 $) monthly.

Buying real estate on credit, residents of the country pay the same money, paying the mortgage for their own homes, rather than give the owner of the rental property.

Income property in Netanya

Netanya is one of the largest cities in the country. It is also the largest resort city in Israel, with the longest stretch of beaches.

In Netanya you can find a huge number of proposals for the sale of any real estate, including income – to earn money. Here you can find as inexpensive small apartments and studios of economy class, and huge luxury objects:

  • penthouses
  • duplexes
  • mansions
  • houses
  • cottages
  • villas
  • triplexes

Real estate prices

Real estate prices in Netanya are quite high. They are comparable to prices in other major cities in Israel. But the prices for houses and apartments here are really justified.

First, Netanya is located in the heart of the country – just 30 minutes from Tel Aviv and 45 minutes from Ben-Gurion Airport.

At the same time, compared to Tel Aviv, real estate in Netanya – inexpensive. Therefore, many people buy housing in Netanya, and work in Tel Aviv. This allows you to save a significant amount of money on housing.

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Secondly, Netanya is the largest resort on Israel’s Mediterranean coast. The budget allocates funds that are directed to the development of the city as a tourist pearl of the country. In Netanya, the housing stock is constantly being updated, streets are being tidied up, and the infrastructure of the city is being improved.

Given all of the above, it is obvious that Netanya is a very promising direction for the acquisition of real estate, both for life and as an investment. After all, in a few years, the cost of square meters here can grow significantly. Thus, it is quite easy to find profitable real estate here.

If you decide to buy real estate in Netanya, call us right now, and we will find you a lot of options for every taste and budget.