New builds in Nahariyya for Sale

City on the map

Nahariya is a city in Israel, located on a flat area in the north of the Mediterranean coast.

Why is it profitable to buy apartments from the developers in Nahariya?

Nahariya is considered one of the most beautiful resorts in Israel. Most of the industrial enterprises have been moved out of the city. Only the most necessary ones are remained: a factory of meat products, production of parts for the food industry, metal-cutting and high-precision tools. The regional medical center creates many jobs. Other enterprises are located near the city; employees are transported to the place of work.

Despite the remoteness from the center, the city is connected with the country: it takes half an hour to get to Haifa by train, an hour or forty minutes - to Tel Aviv, then - to other directions. There are intercity and city buses, minibuses, many taxis.

The climate is mild throughout the year with high levels of humidity. In summer, the air warms up to +30- +35 degrees Celsius, in winter it is rarely colder than +15. The sea water temperature in summer is +30, in winter - +17. The main problem in winter is wind and rains, but you can get by with a windbreaker and sneakers, because it is warm, roses bloom as well as a lot of other vegetation.

The demand for apartments in Nahariya from the developers is growing despite the high prices. An "umbrella agreement" was concluded: the state decided to invest a large amount of funds, including in the Nahariya housing estate. After a pause, investors return. In 2020, the Ministry of Finance reduced the tax on the purchase of housing for the purpose of investment, which became a powerful incentive. The dynamics of increasing interest in real estate continues, as investing in securities has become a risky business due to the instability of international markets, the amount of monthly mortgage loan repayment has decreased. Along with the growth in demand, the prices for real estate in Nahariya in the new builds went further up. Although, it should be said, they are still more moderate than in Tel Aviv or Jerusalem, even taking into account the city's bonus - the resort factor.

New builds for sale in Nahariya from the developers have a modern architecture. In this case, a lot of space is given to landscaping. Residential complexes in Nahariya are being built according to the building standards of Israel (modern communications, well-thought-out layout of apartments). Developers have extensive experience and positive feedback on quality. The sale of apartments from developers can be carried out on installment plan basis. Investments in new homes in Nahariya generate income (rent, resale).

According to the property search engine GEOLN.COM, the minimum price per square meter for a turnkey apartment is 2,600 USD.

Features of the purchase of apartments by foreigners

In accordance with the Law on Return, only repatriated foreigners are eligible to buy apartments in Nahariya in the new homes for sale. The sale of apartments from developers to foreigners is allowed freely on private land.

What to see in the city and its surroundings

• city embankment;
• Rosh HaNikra grottoes;
• Achziv National Park.

Purchasing an apartment in one of the new developments in Nahariya is an investment based on high demand and the dynamics of price growth in this region, as well as the resort component of the city, which creates a good quality of life.