The young people are biting their nails: today the winners of "Apartment at a discount" will be announced

Following the delays, a spokesman for the Minister of Construction and Housing Elkin announced that the results of the project lottery will be handed over to the winners.

This, after more than 119,000 Israelis registered, in an attempt to win one of the ten thousand apartments offered in 31 localities.

What are the chances of you being among the lucky winners?

Between Ashkenazi

08/05/2022

Sunday, 08 May 2022, 08:05 Updated: 08:24

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In the video: The first lottery of the "Apartment at a Discount" program opens (Photo: Natan Weil, Anaba, GPO)

A spokesman for the Minister of Construction and Housing, Zeev Elkin, announced this morning (Sunday) that today the winners of the "discounted apartment" will be announced.

This, after a lottery was held in which 10,053 apartments were drawn among more than 119,000 registrants, in 31 localities throughout the country.

The most sought after cities in the current lotteries are Beer Yaakov, Rishon Lezion and Or Yehuda.

In Be'er Ya'akov, 37,243 households have registered so far, competing for 512 apartments in the four lotteries.

According to the website developed by Liad Yosef and calculates the chances of winning the apartment, the chance of winning an apartment there ranges from 0.12% to 0.56% for those who do not live in the city, while the local increases his chances and they range from 2.29% to 1.37%.

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What are the chances of you being among the happy winners?

Apartments in Yokneam (Photo: Reuven Castro)

The chances of winning apartments

In Rishon Lezion, which is in second place in the demand table, 35,936 households will compete for 409 apartments in the four lotteries, and the chance of winning an apartment for those who are not locals ranges from 0.14% to 0.33%.

The local enjoys chances ranging from 0.32% to 0.77%.

Or Yehuda also enjoys high demand with 33,652 households competing for 322 apartments as part of four lotteries as well.

The chance of winning an apartment for those who do not live in the city ranges from 0.15% to 0.23%, while the local will enjoy chances that range from 1.56% to 2.28%.

For lotteries in major cities such as Tel Aviv, 22,964 households were registered to compete for 153 apartments in just one lottery.

The chance for those who do not live in the city to win is 0.56%, while the local will enjoy only a slight advantage and his chances of winning are 0.79%.

Continue the date for the happy winners

If you are among the 10,000 winners, these are the following steps in the process:

First, obtaining a building permit - this is the stage that takes a long time and requires patience.

In general, the process of obtaining a permit begins with the contractor winning the project and is carried out in parallel with the development phase of the plots and their delivery to the contractor.

In cases where the lottery took place even before the contractor received a building permit or permit, the Ministry of Construction will update the winners from the moment they win in the process of obtaining the building permit

. And make sure you are eligible to get a mortgage from one of the mortgage banks.

Third stage: choosing apartments - This is the happy stage, choosing the apartment.

At this stage, the winners of the lottery will receive an invitation from the contractor to a winners' conference, after which they will be invited to choose an apartment and sign a purchase contract.

The order of summons for choosing the apartment will be determined in ascending order of the winning results, but please note that the time allotted to the winners to choose the apartment is 45 minutes.

This is the toughest condition in winning The choice of apartments will be made in accordance with the existing stock of apartments and it will not be possible to change the choice, even if there are cancellations of winners who have chosen an apartment before.

Another tough condition is that at the time of choosing the apartment you may be required to deposit an advance on account of the apartment payment in the amount of NIS 2,000 or any other amount determined by the Ministry of Construction and Housing in advance when registering for the lottery.

In the last stage you will have to sign a purchase contract with the contractor - after selecting the apartment, each winner will be directed by the developer to sign a sale agreement within ten working days, as stated the winner will not be allowed to change his choice.

The main restriction on the winners is the ban on selling the apartment to a third party for five years from the day the apartment was allowed to be occupied (receipt of Form 4) or seven years from the date of the lottery - whichever is earlier.

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• Tel Aviv Jaffa

• Rishon Lezion

• Or Yehuda

• Be'er Ya'akov