The Israel Land Authority announces that after the winners of 6 target price tenders were closed and announced at the beginning of the week, the apartment prices for those eligible in the settlements in the center of the country will be tens of percent cheaper than the market prices.
These are the prices at which apartments will be sold in the following settlements:
– Beer Ya’akov: apartments starting at NIS 1.3 million.
– Yavne: from NIS 1.2 million.
– Rishon Lezion: apartments starting at NIS 1.4 million (Noriot neighborhood).
– Nof HaGalil: apartments starting at NIS 1 million (Mizrahim slopes).
– Haifa: apartments starting at NIS 1.1 million (southern entrances).
– Ashdod: apartments starting at NIS 1.4 million (Young City neighborhood).
Northern area
The Tenders Committee of the Israel Land Authority announced “Tawfik Darousha Ltd” as the winner of the ‘Target Price Housing’ tender for the construction of 135 units in one complex under construction in the Morot Mizrahim neighborhood. The view of the Galilee. In this tender, 108 units were sold at a target price and 27 units on the free market. 5 bids were submitted for the tender. The apartments will be sold at a discount of 17%-20% of the assessed value, and up to NIS 300,000 from the free market price of the apartment.
The starting price for an 85 square meter apartment will be NIS 1,023,961.
The starting price for a 100 square meter apartment will be NIS 1,189,830.
The starting price for a 120 square meter apartment will be NIS 1,463,735.
Haifa area
The Tenders Committee of the Israel Land Authority has announced “Epi Capital Izemot and Construction Ltd” and “Eshel Jordan Izum and Building Ltd” as the winners of the ‘Target Price Housing’ tender for the construction of 814 units in two under-construction complexes in the southern Mvoaim 2 neighborhood , Haifa. In this tender, 652 units were sold at a target price and 162 units on the free market. 11 bids were submitted for the tender. The apartments will be sold at a discount of 15-20% of the assessed value, and up to NIS 300,000 from the free market price of the apartment.
The starting price for an 85 square meter apartment will be NIS 1,190,959.
The starting price for a 100 square meter apartment will be NIS 1,418,200.
The starting price for a 120 square meter apartment will be NIS 1,724,201.
Central space
As part of the ‘Target Price Housing’ tender for the construction of 2,509 units in 11 complexes under saturated residential and commercial construction inYavne Mizrah. In this tender, 2,008 units were sold at the target price and 501 units on the free market. 23 bids were submitted for the tender. The apartments will be sold at a discount of 14%-19% of the assessed value, and up to NIS 300,000 from the price of the apartment in the free market.
The starting price for an 85 square meter apartment will be NIS 1,259,791.35.
The starting price for a 100 square meter apartment will be NIS 1,511,370.60.
The starting price for a 120 square meter apartment will be NIS 1,846,809.60.
As part of the ‘Target Price Housing’ tender for the construction of 1,765 units in 11 complexes under full residential and commercial construction in the “Shechemim” neighborhood, Be’er Ya’akov, 883 units were sold at the target price and 882 units were sold on the free market. 46 bids were submitted for the tender. The apartments will be sold at a discount of 14%-19% of the assessed value, and up to NIS 300,000 from the price of the apartment in the free market.
The starting price for an 85 square meter apartment will be NIS 1,313,348.76.
The starting price for a 100 square meter apartment will be NIS 1,570,579.11.
The starting price for a 120 square meter apartment will be NIS 1,913,552.91.
As part of the ‘Target Price Housing’ tender for the construction of 108 units in 3 complexes under saturated construction in the Nuriot neighborhood, Rishon Lezion, 87 units were sold at the target price and 21 units on the free market. 9 bids were submitted for the tender. The apartments will be sold at a discount of 13%-17% of the assessed value, and up to NIS 300,000 from the price of the apartment in the free market.
The starting price for an 85 square meter apartment will be NIS 1,434,757.83.
The starting price for a 100 square meter apartment will be NIS 1,714,557.48.
The starting price for a 120 square meter apartment will be NIS 2,087,623.68.
Jerusalem area
As part of the ‘Target Price Housing’ tender for the construction of 94 units in one complex in a construction saturated with residences, buildings and public institutions in the neighborhood of the City Quarter, Ashdod (the young), 75 units were sold at a target price and 19 units on the free market. 3 bids were submitted for the tender. The apartments will be sold at a discount of 12-17% from the assessed value, and up to NIS 300,000 from the free market price of the apartment.
The starting price for an 85 square meter apartment will be NIS 1,485,634.
The starting price for a 100 square meter apartment will be NIS 1,777,087.
The starting price for a 120 square meter apartment will be NIS 2,165,691.
Yankee Quint Director of the Israel Land Authority: “We at the Israel Land Authority are working tirelessly not only to increase the supply of residential land, but also to lower the prices of apartments for young people and the homeless. I am happy that young couples who win the next lotteries will be able to exercise their right and get apartments at discounted prices by tens of percent of the market prices both in the center of the country and in the periphery. We will continue to come up with ideas and act in every way so that as many families as possible get to realize their dream and reach their own apartment.”