There is still hope: the constantly soaring apartment prices mainly symbolize the cost of living in Israel, with an increase of 19% per year, which keeps young couples and young families away from the apartment dream, all the more so in the center of the country.
The prices in Tel Aviv are the highest, and can reach imaginary sums and only for the rich.
But it turns out that there is another possibility of getting an apartment at a "sane" price.
From a check we conducted using the Yad2 website, it appears that there are quite a few apartments in Tel Aviv worth up to NIS 2 million.
Thus, Bid2 now offers 45 properties at a price of up to NIS 2 million.
The highest number of properties is in the Hatikva neighborhood and the Neve IDF - 15 properties in this area. In the Neve Shanan there are seven properties, in the Shapira neighborhood five, and in Beid Eliyahu and Florentin three properties in each area. In Neve Eliezer and Kfar Shalem there are three properties, as are the Ezra and Argazim neighborhoods. In the north The Old City and the heart of the city have two properties in each area, in Nir Aviv one property and the same in Neve Sharet.
South Tel Aviv,
What is important to check?
For example, a two-room apartment of 30 square meters built by Yad Eliyahu, on Mordi Hagataut street, is offered for 1,850,000 million shekels from a broker. The ad states that it is a renovated apartment and is on the second floor out of three. The apartment is signed to an advanced TAMA project and is close to public transportation, a train Defense, the future light rail and more.
In the Shapira neighborhood, you can find a three-room apartment from a broker on Heil Hasharion Street for NIS 1,650,000.
This is a 50 square meter apartment with an option for a TMA.
The apartment is located near the new train track on the west side of Ayalon.
In Florentin, you can find a 35 square meter studio apartment in the Florentin Tower privately and not through a broker for NIS 1,990,000 on Aliya Street. The apartment is renovated, and the building has a security guard, a gym, a laundry room and a parking lot.
Ayelet Nitzan, Yad2's VP of Marketing, explains that it can be concluded that most of the properties offered for sale in Tel Aviv at a price of up to NIS 2 million are, as expected, mainly in the southern area of the city and even in the eastern part.
Verify registration in Tabu
Avi Romano, one of the founders of the RAY TLV company, which specializes in land improvement in Tel Aviv: "When you come across an ad with a bargain price, you should pay attention to a few points: apartments offered for sale at a price of about NIS 2 million (which is NIS 40-35 thousand per square meter) are usually Old apartments with an area of 50-60 square meters from the 50s-60s of the last century. In such a case, one must pay attention to their maintenance level. One must also make sure that it is not a warehouse, a shelter, a store, etc., and that the apartments are properly registered in the tabu."
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