New builds in Kiryat Gat for Sale

City on the map

Kiryat Gat is a city in the Southern District of Israel near the Negev Desert.

Why is it profitable to buy an apartment from the developers in Kiryat Gat?

Kiryat Gat is a very young city, the population is more than 50,000 thousand people: representatives of African countries, repatriates from Europe, the CIS, the USA, and people who were born here.

The eastern part of Kiryat Gat is surrounded by picturesque coniferous forests, planted at the expense of repatriates. In the north and west, the city is adjacent to vineyards and sown fields. Its location is far from the Mediterranean coast (more than 20 km), the climate is dry and hot.

Kiryat Gat is a large industrial center. Several years ago, two buildings of the Intel Israel plant were built, around which new auxiliary enterprises are actively emerging. In the industrial zone of the city there are several metal-working factories and the Sugat sugar factory.

The construction of a high-speed toll road through Kiryat Gat connected it with major cities in the country. There are railway and bus stations.

The Israeli government is taking vigorous measures to create additional conditions for the development of the city. The Ministry of Economy and the Investment Department approved the creation of two industrial enterprises with appropriations that will create new jobs.

The Ministry of Construction and Housing, the social housing management company Amidar signed an agreement on the implementation of the resettlement-development project. The project provides for the demolition of old four-storey buildings, the construction of new high-rise buildings. It is also planned to create open public areas (park areas, etc.).

The demand for real estate in Kiryat Gat in new builds for sale is growing, since new homes in Kiryat Gat from the developers are becoming popular among buyers of apartments and tenants due to moderate prices by Israeli standards. Apartments in Kiryat Gat from the developers are equipped with the latest, high-quality communications and have a well-thought-out layout. Various promotions are offered to buyers. Investments in new homes for sale in Kiryat Gat will bring income from rent or resale.

Residential complexes in Kiryat Gat are apartments built in accordance with the requirements of the Israel Institute of Standards. Developers receive good customer reviews on the quality of construction.

According to the real estate search engine GEOLN.COM, the minimum price per square meter for an apartment in black frame condition is $2,480.

Features of the purchase of apartments by foreigners

Foreigners who have the right to repatriation under the Law of Return are able to buy apartments here in Kiryat Gat. Foreigners are allowed to purchase real estate located on private land without restrictions.

What to see, where to go

The tourist potential of Kiryat Gat has not been fully realized. There are interesting places near the city that are worthy of attention:

• Beit Guvrin National Park (more recently, archaeologists have discovered a whole underground city here on the site of the biblical city of Moreshi);
• "Forest of Angels" (you can ride camels, see many other animals);
• the healing resort of Hamey-Yoav (famous for its thermal springs).

Purchasing apartments in the new development in Kiryat Gat represent the right strategic decision for living and investment, taking into account the moderate price and its stable growth in the future.