New builds in Afula
City on the map
Afula is a city in Israel located in the Jezreel Valley in the Lower Galilee.
Why is it profitable to buy an apartment from the developers in Afula?
Afula has become cleaner and more comfortable. The city is green, there is a large park next to a forest with walking routes, the Givat Ha-More nature reserve. It is one of the most rapidly changing cities in the region and is quite large by Israeli standards.It has a large refinery. There are also a textile factory, a nylon factory and other enterprises. The city has many schools, kindergartens, sports and cultural facilities. An academic college, which is planned to be transformed into a university, provides educational services in the vicinity of the city. Transport links are developed - buses and trains connect the city with other main regions of the country, so that there is no trace of the dense provinciality, and it looks very solid.
Several years ago, the city began large-scale housing construction. In terms of development rates, it ranks third after Jerusalem and Tel Aviv. At the same time, new builds in Afula are affordable - the average cost of a four-room apartment is half the average cost of a similar apartment in Israel as a whole. It is safe to say that the prices of apartments in Afula from the developers have the potential to grow in the medium term as the infrastructure projects that the city authorities are working on, are implemented. In particular, in 2016, a passenger rail service was opened between Haifa and Beit She'an with a stop in Afula.
New builds in Afula from the developers have another significant advantage: the sale of apartments from developers, as a rule, is carried out on an installment plan basis, various promotions and discounts are offered, besides, the investors or simply the buyers receive new communications and modern layouts. Investing in real estate in Afula in the new builds for sale can bring passive income (rent, resale).
Residential complexes in Afula offer housing built in compliance with European building codes and requirements. Developers have positive quality reviews.
You can buy an apartment in Afula in the new homes at a cost within the average price category for the country. According to the real estate search engine GEOLN.COM, the minimum cost per square meter of space is $3,090 (apartments in black frame condition).
In which area to buy an apartment?
The city consists of three districts: Afula proper (main), Afula-Ilit (upper Afula) and Givat Ha-More, stretching on Mount Ha-More. Givat Ha-More is a completely autonomous region, you need to get there by bus and adjust to the schedule, it is also very windy there, which, however, is appreciated in Israel. Afula Illit is a particularly fast developing area. The construction of relatively inexpensive housing is underway here.
Features of the purchase of apartments by foreigners
Only foreigners who have the right to repatriation under the Law of Return can buy real estate in Israel. Foreigners can purchase real estate located on private land without restrictions.
Attractions of the city and its surroundings
Afula is not a historical center because it cannot display a large number of objects (a lot was lost during development). There are three national parks near the city, other attractions are interesting as well:
- the ancient mound of Tel Afula
- a monument to a soldier
- Palm alley in the city center with a small square.
Not far from Afula are the Hankin Museum, the Church of the Annunciation, the Temple of Gabriel, the Well of Mary and the Harod Spring Reserve.
An apartment in the new homes for sale in Afula is a profitable project taking into account a dynamically developing city and a stable economy of the country. Investing in new developments in Afula is a solution for living and a successful investment.