New builds in Beersheba
City on the map
Beersheba is a city in the south of Israel. Located in the Northern Negev, one hundred and eight kilometers from Jerusalem. The population is more than two hundred thousand people.
Why is it profitable to buy an apartment from a developer in Beersheba?
Just imagine: forty minutes by car separates Beersheba from the Mediterranean Sea, fifty from the Dead Sea, two and a half hours from the Red Sea, two hours from the Kinneret Lake! Still wondering about investor interest?
The city has a developed infrastructure, trains and buses are connected with the airport. Ben Gurion, from the south and north of the country. This allows you to quickly travel anywhere in Israel.
The climate of the region is semiarid (semi-dry climate with atmospheric precipitation), with signs of the Mediterranean (winter precipitation prevails over summer), that is, the summer is hot and dry, it rains mainly in winter. However, it should be noted that it has a pleasant feature: a hot day gives way to a cool night.
This is a city of young people -average age is up to thirty-five. They make up sixty percent of the population.
A number of industrial zones are located within the city and its suburbs: aircraft production, high technology, processing of the Dead Sea resources. Repatriates from among scientists and teachers can get jobs here.
Children have guarantees of high-quality education: there are sixty-four schools with science classes in the city, methods for talented children are being implemented. The city's universities and colleges have thousands of students who are potential tenants and home buyers.
Almost all kinds of sports are presented here as well. Residents and guests are guaranteed high-quality healthcare - there is a regional medical center and many private hospitals.
Along with the districts of the historical part of the city, new residential areas with modern designs are being built up. Real estate in Beersheba in the new builds is attractive in value. Apartments in the new builds for sale in Beersheba can be purchased at a weighted average price, much lower than in the center and in the north of the country.
Apartments in Beersheba from the developers are usually offered on installment plan basis, profitable promotions are announced, discounts are provided, besides, investors or just buyers get new modern communications and well-thought-out layouts. Investments in new homes for sale in Beersheba bring high passive income (rent, resale), as property prices in Israel rise.
Residential complexes in Beersheba are housing built in compliance with European standards. Developers have positive quality reviews.
According to information from the GEOLN.COM real estate search engine, the minimum price per square meter for an apartment in black frame condition is $2,490.
In which area to buy apartments?
The sale of apartments from developers is actively carried out in the new and developing areas of Tet and Neot Lon. Tet is located in the center, close to the Old Town, there are many shopping centers. The Neve Zeev area (in the south-west of the city, south of Tet) is popular, it consists almost entirely of large multi-storey buildings, many construction projects are underway. The Ramot area is built on hills, consists of high-rise buildings and is still expanding.
Features of the purchase of apartments by foreigners
Purchasing of the apartment in Beersheba in the new homes can be accomplished by foreigners who have the right to repatriation under the Law of Return. Foreigners can purchase real estate located on private land without restrictions.
Highlights of the city
- Israel Aviation Museum;
- Science Park Carasso;
- Children's Museum of Lunada;
- Tel - Arad National Park;
- Negev Art Museum;
- Tel Beersheba National Park;
- Shopping center Grand Canyon;
- Deserted river Zinn;
- Bedouin Market and Museum of Bedouin Culture;
- The Negev Zoo.
Investing in new development in Beersheba is a very profitable project taking into account the excellent characteristics of the city, its favorable location, the quality of apartments and its weighted average price.
Prices per sq. m. in popular districts of Beer Sheva
District | Price from |
---|---|
Neot Lon | 3,045$ / m2 |
Neve Menachem | 3,400$ / m2 |
Neve Zeev | 3,620$ / m2 |
Old City | 3,150$ / m2 |
Ramot | 3,830$ / m2 |