New builds in Haifa for Sale

Haifa on the map

Haifa is the third largest city in Israel. It is considered as the northern capital of the country, an important transport hub, cultural and industrial center.

Why is it profitable to buy apartments from developers in Haifa?

          This is the main deep-water port of the country, and all international trade is concentrated here. The administrative center of the northern regions of Israel is distinguished by its developed infrastructure, which is an absolute plus.

          It makes sense to invest in residential complexes in Haifa: the city is located in a Mediterranean climate zone on the seashore. The housing construction is actively carried out here. Investments in new builds in Haifa from developers provide an opportunity to receive passive income from renting out real estate or reselling it at a higher price. Until recently, it seemed that real estate in Haifa in new builds for sale has no prospects for development - there is no potential for construction on a large scale: there are old houses in the city that have been waiting for years for permission to "pinuy - binuy" (demolition - construction). But the issue finally began to be resolved years later, and it became more realistic to buy an apartment in Haifa in new builds for sale. According to the general plan for the development of the city, apartments in Haifa from developers are becoming a priority: it is planned to build residential buildings for 15 thousand housing units, a renovation program has been developed, the goal of which is to provide each resident with a comfortable apartment in new home of Haifa. There are park zones, social buildings, walking alleys in the city districts. It is planned to improve the sea front part of the city as well.

Where is it better to buy an apartment in Haifa in new homes?

The plan includes active development in the Haifa Bay area, which promises to turn the city into a metropolis, combining the center with the outskirts. Renting apartments on the seaside is becoming more and more popular among politicians and show business stars, which is one of the advantages of investing in new homes for sale in Haifa.

Further development is awaiting the Neot-Peres residential complex in the south-west of the city, construction in Kiryat Eliezer, Ramat Almogi, the vicinity of the Derekh Freud serpentine road, on the coast, at the site of the naval base in Bat Galim. A residential complex was laid in the Stella Maris area, in Kiryat Haim, tanks for fuels and lubricants are to be dismantled, a new home for sale will grow on the vacated territory. The strategy is to prepare building sites at the expense of plots that are currently underutilized. The state has allocated serious funds to finance housing construction projects, and sales of apartments from developers receive a new impulse.

In the residential complex of Haifa, the quality of construction meets the standards, developers have positive reviews about their qualifications and the quality of construction. 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 information of the real estate search engine GEOLN.COM, the minimum cost of an apartment in new developments in Haifa from developers is $2,500 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 Haifa

• Film festivals: International Haifa, Summer of Israeli films, KinOle;
• football arena "Sammi Ofer" (two Haifa football clubs "Maccabi" and "Hapoel" play in the Israeli Premier League);
• Metro "Carmelit" - the only one in Israel;
• Bahá'í World Center (religious movement);
• Stella Maris Monastery;
• a zoo;
• Museums: space, naval, Japanese art, art;
• Haifa - the world center of psy-trance (direction in electronic music);
• Mount Carmel.

Investing in Haifa will generate income for the buyers. Visiting guests are invited to the sea, beaches and to acquire the desired peace of mind. Both of them have the main thing - the potential for development together with the city, conditions for business, active creative life, reliable medicine.