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The price of real estate around the world is constantly growing – it's not a secret. But in Israel it seems that it is simply impossible to buy your own house. This is not true! Three main tips on how to buy an apartment in Israel and not go broke – says real estate specialist Marianna Reyzin.
Rule 1. Closely follow the market
Yes, prices are rising, but even in this process there is a moment when it is important to catch on as quickly as possible. Now is just such a time – growth has stopped, therefore, prices will no longer be lower than today.
Rule 2. Consider an apartment also as an investment
Even if you don't move into the apartment right now – this is a serious investment, and the cost of real estate not in the center is several times lower. In addition, the infrastructure of the periphery is developing at lightning speed and those territories that seemed inaccessible even 10 years ago are now – dream object.
Rule 3. Pay attention to the periphery
There are smaller towns not far from the central regions. They are developing rapidly, and housing prices, unlike the center, differ dramatically! For example, one of these cities – green, rapidly developing and favorable for life – Migdal ha-Emek. A spacious and flourishing city, located in the Northern District of Israel, 25 minutes from Haifa, 25 minutes from Afula. There are several factories in the city, so there are many jobs.
A huge plus of the city is considered to be a developed system of transport communication. You can easily get anywhere in the country quickly by train, bus or private car (including the highway located nearby).
See the variety of apartments Migda a-Emek provides – housing for every taste and pocket!
Spacious and bright apartment
This home is perfect for a small family or a couple. In addition, this particular apartment can be your best investment. 4-room apartment with a fresh renovation, on an area of 90 sq. m in a well-maintained and clean house. And the view from the windows is amazing! You can buy this apartment now for NIS 895,000.
Duplex – this is truly a dream apartment, because what could be nicer than coming to your own apartment? Come to a two-story apartment! In this duplex you will find 5 rooms, as well as mamads, a large parking lot and an incredible view. The price is now NIS 1,165,000.
APARTMENT FOR A LARGE FAMILY
This very cozy apartment has 5 rooms, which together make up 135 sq. m of living space: 3 bathrooms, shower, parent bedroom, air conditioning in each room, storage room, mamad and 2 parking spaces! The apartment is located on 5 of 8 floors, the building has an elevator. An additional and very important bonus of the apartment – large balcony with great views. The apartment is currently priced at NIS 1,595,000.
COMFORT AND COMFORT IN ONE
Look how cozy! Apartment on 5 of 8 floors in a building with an elevator: 4 rooms (90 sq.m.), terrace (10 sq.m.), parent's bedroom, mamad, 2 showers and a toilet. The price of this apartment is now NIS 1,095,000.