Golan Heights Home with Sea of Galilee Views Sells for $700,000

A five-room, American-style wooden house in the community of Had Nes in the Golan Heights has been sold for 2.6 million shekels (approximately $700,000). The 200-square-meter home is built on a one-dunam (quarter-acre) lot and features two levels with open views of the Sea of Galilee from the second floor. The property includes a protected room, en-suite bathrooms for each bedroom, balconies off most rooms, a surrounding garden, and parking for four cars. It also has building rights for two tourist cabins.

The house was initially listed for 2.75 million shekels and was on the market for about a year. The sellers were investors from northern Israel, and the buyers are a retired couple from southern Israel seeking to relocate. The real estate agents involved noted that the street is highly sought after due to its Sea of Galilee views.

Agents reported an increase in buyer interest in recent months, attributing it to falling interest rates and a return to normalcy, though some caution remains due to security concerns, citing a deal that was halted after a drone incident in southern Lebanon. They also observed a renewed interest from investors in the northern region, noting that properties with sea views in Tiberias can be found for under one million shekels, and attractive deals are still available around the Sea of Galilee despite rising prices.

The article also includes a list of recent second-hand apartment sales in various Israeli cities, including Tel Aviv, Pardes Hanna-Karkur, Modi'in Illit, Bnei Brak, and Yavne, with prices ranging from 1.75 million to 8.17 million shekels.