New builds in Ashkelon
Ashkelon on the map
Ashkelon is located on the Mediterranean coast in the south-west of Israel, it is considered the greenest city in the country and it occupies 48 square kilometers.
Benefits of buying apartments in Ashkelon from developers
Ashkelon is a port and resort town that attracts tourists with magnificent beaches and clear water, historical value of sights and artifacts. Given the developed infrastructure, new builds in Ashkelon from developers are relevant. This area has a comfortable Mediterranean climate with sunny summers and mild winters. The nearby desert does not create an oppressive heat in this city: it is warm, but no extreme heat. This circumstance makes Ashkelon attractive for life. Investing in real estate is profitable: it makes it possible to receive passive income from renting out real estate or reselling at a higher price. Ashkelon is considered as a new city, there is enough land for construction, compared, for example, with Haifa. The Commission for the planning and construction of socially important complexes in 2016 approved the construction program in Ashkelon.
In what area is it better to buy an apartment in Ashkelon in new builds for sale?
Wealthy elderly Jews from around the world want to buy an apartment from developers in Ashkelon to live on the beautiful coastline. They are looking for housing under construction in a respectable area of the city — Barnea (the cost in Barnea is lower than in Nice or Cannes). Real estate in Ashkelon in new homes for sale is also interesting for young repatriates who are planning to move or have recently arrived in the country. When choosing a city district, it is necessary to proceed from the estimated liquidity of real estate in the future. Living by the sea has its pros and cons (it is far from the center, very windy in winter). Apartments by the sea in Marina area are no longer in such great demand as before, new areas and new homes in Ashkelon are becoming more and more attractive. The blocks "Even Ezra" and "M-6" are being built up in the north-eastern part of the city. Active construction is underway in the Agamim area in the south of the city. Although the new homes for sale will be in areas with a fairly developed infrastructure, it is planned to build additional necessary public buildings (schools, kindergartens, houses of culture, synagogues, etc.), as well as office buildings in the shortest possible time. Residential complexes in Ashkelon in new districts represent quality construction that meets standards. Developers have positive reviews and they offer payment by installments.
In Israel, every new construction project is accompanied by banks, ensuring that even if something happens to developers, investors do not lose money.
According to the real estate search engine GEOLN.COM, the minimum price for an apartment in new homes in Ashkelon from developers is $3,080 per sq.m (in black frame condition).
Features of the acquisition of real estate by foreigners
Only foreigners who are eligible for repatriation under the Law of Return can buy real estate in Israel. Foreigners can purchase real estate located on private land without restrictions.
Highlights of Ashkelon
- the oldest city on the planet with centuries-old cultural layers, historical artifacts;
- National Park;
- sea and beach are about 12 km long;
- yacht harbor where regattas are held annually;
- a water park with water slides of varying difficulties, swimming pools, slalom, restaurants, playgrounds, facilities for people with disabilities;
- market: always fresh fruits and seafood;
- Museum "From Catastrophe to Renaissance" about the history of the Jewish people and the country.
Apartment in new development in Ashkelon — is a profitable investment and comfortable living conditions.
Prices per sq. m. in popular districts of Ashkelon
District | Price from |
---|---|
Northern Industrial Zone | 3,080$ / m2 |
Southern Industrial Zone | 3,900$ / m2 |