Ofakim water park.
It seems that there is Ofek/Michael Porlatov here
The bulk of the population in Israel is concentrated in Gush Dan.
In order to encourage population dispersion and support the residents of the periphery, the State of Israel grants tax benefits.
It can be said in general that the closer the settlement is to the border, the more its residents benefit from a significant tax benefit.
As of today, there are 485 settlements.
For example, residents of Kiryat Shmona enjoy a maximum tax benefit of 20%.
For a young couple just starting out in life and also for a family that wants to improve housing, this is a significant financial benefit worth tens of thousands of shekels a year.
This means that residents who benefit from the tax benefit pay less taxes.
Take Ofakim for example.
In recent years, the southern city has undergone a significant boom and it seems that the slowdown in real estate has passed over it.
Ofakim, which is about 24 km from Gaza, shows impressive stability and growth thanks in no small part to the fact that the residents of Ofakim enjoy the most significant tax benefit, almost a maximum of 18%, while Be'er Sheva, which is only 12 km away, has no tax benefit at all.
A celebration is on the horizon.
Cisco Israel/Cisco Israel
Ofakim is not the only one that has signed umbrella agreements with the State of Israel, but the influx of residents and investors to the city has another significant reason.
A few days ago, the information technology giant "Cisco Systems" announced that it had decided to establish a branch in the city, thereby joining leading international companies such as nvidia and Elbit that have established branches in the high-tech park of Geb Yam.
The new residents believe that what Intel has done to Kiryat Gat, will make them companies for Ofakim and will make it a significant center of attraction for young families.
As we know, the key to attracting residents is employment.
The reason for the decline of southern towns in recent decades and the abandonment of young people was due to a lack of jobs.
Now, its rural character, the significant tax benefit and the construction boom are attracting new residents from the south who recognize in their horizons the trends that characterized the wine city of Ashkelon and the wine vineyards in Kiryat Gat that led to the success of the projects thanks to the state's investment.
In fact, Ofakim's future was secured after the State of Israel invested billions of shekels with the intention of becoming an independent and prosperous city.
Today the city has about 32 thousand inhabitants and in the next decade it plans to triple the number of its inhabitants.
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The city's impressive demographic growth rate is also a product of the opening of the train station in the city and the inauguration of the connecting road to Be'er Sheva.
These two have significantly shortened the travel distances to the Negev capital and Gush Dan, which attracts housing developers from Be'er Sheva and the area who chose to buy a huge apartment and leave with a balance after selling their apartment.
For example, in the Afiki Nahal neighborhood that is being built these days, you can find a huge 5-room apartment for the price of a 4-room apartment in Be'er Sheva - NIS 1,680,000.
This is a gap that can reach NIS 300,000 per apartment.
If you add the tax benefit to this, new residents in Ofakim can significantly upgrade their standard of living.
But not only new residents.
Since the beginning of the year, many investors have recognized a great opportunity to enter the Afiki Nahal neighborhood, which is actually a new city being built within Ofakim, located 20 minutes' drive from the high-tech park of Geb Yam, and which, in their estimation, will lead the city to become one of the three strongest cities in the south, with the completion of the IDF's transition to the south
. Salait's CEO, Sheika Nafha, says this is a different type of investor than those who invested in Be'er Sheva 20 years ago.
Quite a few of the investors who buy apartments in the Omer project from us come from the outskirts of Gush Dan and they do not rule out moving to an apartment after the construction is finished.
It is hard to ignore the significant savings involved in moving to the city.
According to him, in the Omer project of the Barel Salait companies in the Afiki Nahal neighborhood, 780 housing units are being built in 18 buildings, 564 of which are on the free market, and since January of this year we have been at an amazing rate of sales of the order of 6 apartments per week.
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