The city of the righteous is renewed.
These days, the neighborhood "Mitzpe Hamim" is being built, located between Mount Canaan and the entrance to the city, this after decades of "unplanned" construction in which there were no construction starts in the city.
The new neighborhood, which is located close to the Begin neighborhood and Mitzpe HaAgam, overlooks the Sea of Galilee and will include approximately 1,400 new units.
The first phase, which holds a construction permit, is a joint project of "Arzim" and "Evni Derech" company.
It will include 244 units in 18 seven-story boutique buildings, with a diverse mix of four to six-room apartments, garden apartments, duplexes and penthouses, which are expected to be occupied during the year 2025.
On the occasion of the ground breaking and the start of construction, the companies held a cornerstone laying ceremony at the project site.
Shuki Ohana, the mayor of Safed, said at the same time that "the 'Tsefant' project is the first swallow heralding a new era in Safed. No less than 5,000 new residents will arrive in the Mitzpe Yamim neighborhood in the coming years. The neighborhood's location, the view, the mountain air, and alongside these the developing capabilities Work from home will bring new residents here from all over the country."
Doron Fromovich and Yair Cohen, CEOs of "Arazim" and "Evni Derech", added: "Price increases throughout the country, along with improved transportation accessibility, have led many Israelis to move to cities with a quality of life and scenery that are within driving distance of employment centers.
One of the most intriguing cities in terms of real estate is Safed. The low rate of construction starts in the city has led to an ever-increasing demand that attracts young couples, housing improvers and investors interested in an apartment at a reasonable price. We recognize the enormous potential, real estate in Safed is expected to improve tremendously in the coming years ".
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