New builds in Rehovot
City on the map
Rehovot is a city in the Central District of Israel, southeast of Tel Aviv.
Why is it profitable to buy apartments from the developers in Rehovot?
Founded by enthusiastic immigrants in the late 19th century, Rehovot was an agricultural town where citrus fruits and vegetables were grown. Now it has become one of the Silicon Valleys of Israel, a large industrial and scientific center, where three-dimensional printers, drone fragments, the latest drugs and more are being invented. Serial production itself is located outside the country. Thus, small Rehovot was connected with the whole world.
There are higher educational institutions in the city: the Weizmann Institute with a particle acceleration facility, a department of the Hebrew University, a School for the Study of Food Consumption, and a Center for the study of the characteristics of the population of cities and villages. Here you can visit the conservatory and the main city library, attend educational courses and learn something new. Gifted children study here, presenting their work in hydrodynamics, optics, mechanics, electronics. Experiments are carried out in laboratories, scientific research is carried out, and the best specialists are involved.
The city has a mild climate with sunny weather. In winter, the air temperature rarely drops below +7°С, in summer the thermometer reaches +30°С. It rarely rains in early spring.
Another important advantage is the proximity of Tel Aviv. The capital can be reached by car in 20-25 minutes. Thus, it is convenient for repatriates to come to Tel Aviv to work, purchasing apartments in Rehovot from the developers at a lower price than in the capital.
New builds in Rehovot from the developers have a modern architecture. In this case, a lot of space is given to landscaping. Residential complexes in Rehovot are being built according to the building standards of Israel (modern communications, well-thought-out layout of apartments). Investments in new builds for sale in Rehovot from the developers generate income (rent, resale).
According to the property search engine GEOLN.COM, the minimum price per square meter for an apartment in black frame condition is $3,900. Rehovot real estate in the new homes is not so expensive by the standards of Israel and the demand for it in this city is consistently high.
Features of the purchase of apartments by foreigners
In accordance with the Law on Return, only repatriated foreigners are eligible to buy apartments in Rehovot in the new homes. The sale of apartments from developers to foreigners is allowed freely on private land.
What to see
- House of Chaim Weizman (scientist, the first president of Israel);
- Park of Science named after Clore (educational museum right in the open nature);
- House of Dundikov (the building belonged to the founder of the city);
- Water park (territory of more than 50 thousand square meters, Attractions of different levels of extreme).
Purchasing an apartment in one of the new developments in Rehovot is a thoughtful investment in a promising city, a good purchase for life and family planning.
Prices per sq. m. in popular districts of Rehovot
District | Price from |
---|---|
Neve Yehuda | 5,400$ / m2 |