Townhouses in Netanya, as well as in the whole of Israel, are becoming more and more popular every year. They are increasingly appearing in the new chic neighborhoods of the city and the suburbs.
What is a townhouse?
The literal translation of townhouse is town house. It is usually a small residence designed for one family. Most often, townhouses have a minimum of 2 stories.
As a rule, these small houses are located very close to the neighboring house, or even share a common wall with the neighbors.
In front of the entrance, the townhouse usually has a small plot of land.
In Israel, where real estate prices are very high, and every year only grows, you can buy this type of property can be much cheaper than a house.
Who is suitable for this type of real estate?
Every year interest in this type of real estate is growing throughout Israel. That is due to the fact that the townhouse is an intermediate link between an apartment and a detached house, having the advantages of these types of real estate:
- give more freedom than in an apartment
- is cheaper than detached houses.
That’s why townhouses are sold out very quickly, as soon as the offers appear. This is a great offer for:
- foreigners and lovers of vacation by the sea
- those wishing to buy a second home
- small families
- young families
- elderly couples
- investors
Why Netanya?
Why are townhouses in Netanya a great investment? Netanya is a large city in the center of the country. House prices here are very high, and townhouses can be much more affordable.
In addition, Natanya is the largest resort in Israel, with a magnificent beach line stretching for 14 kilometers. Having purchased a small house by the sea, it can be profitably rented to tourists all year round, and have an excellent profit.
If you manage to buy such a property at the construction stage, it can be very profitable to resell it after the completion of construction.
Advantages of Townhouses
Without a doubt, owning a townhouse has a number of advantages:
Affordability
Townhouses are usually much cheaper compared to a detached house in the same neighborhood. You are not paying for a large piece of land, only a small front and back yard.
They are easier to maintain
The smaller the property, the fewer things that need to be taken care of. Improving a small plot of land and the front of the house requires much less financial and energy costs than maintaining a large house and lot.
Townhouses are energy efficient
With a small space to heat and cool, your monthly utility bills will be much less than a huge house. And if the townhouse shares a common wall with neighbors – costs will be reduced even further.
How to buy townhouses in Netanya?
If you are interested in buying townhouses in Netanya and you are ready to consider the hot offers, call us right now and we will find several options for you.
