Co-operative living has taken on a whole new meaning in the modern context of urban renewal, pooled resources and community, with shared spaces where people can go about their daily business in a peaceful environment and enjoy the privacy of being alone yet still never feel lonely. This trend offers savvy investors the chance to get a foot in the Israeli property market at an affordable price with the added benefit of expert property management that goes hand-in-hand with the shared living space model.
Demand for real estate in Israel is at an all-time high. As always, real estate in Herzliya Pituach, Jerusalem’s German Colony, or Tel Aviv’s exclusive Neve Tzedek neighborhood remains enduringly popular but what you may not know is that there are several other high-end developments across Israel that also offer great investment potential.
One of the neighborhoods that will benefit the most from the connection to the light rail is Jaffa – one of the southernmost neighborhoods in Tel Aviv, bordering Bat Yam. You can purchase an apartment in a pre-sale stage in a boutique building in Jaffa. The future Tel-Aviv light-rail will have a stop 600m from the project –allowing easy access to other locations in Tel-Aviv and adjacent cities.
The appeal of Israeli real estate is growing steadily despite the pandemic and tumultuous local and world events. This is great news if you have the resources available to invest now, but what if you can’t spare enough capital today to invest in the deal of your dreams? Fortunately, there are some great ways to get around this…