Three-Room Apartment Sells for Record Low of NIS 560,000
Translated & summarized from Ice by baba
A three-room apartment in Be'er Sheva sold for NIS 560,000, marking a significant low price point. While some Israeli towns offer very cheap housing, this deal in Be'er Sheva underscores the availability of affordable options outside major cities. The article contrasts this with other sales, including a four-room apartment in Be'er Sheva for NIS 1.32 million and various properties in Tel Aviv, Eilat, Ramla, and Shoham, demonstrating a broad spectrum of real estate prices across Israel.
The story in 6 lines · by baba
- A 66-square-meter, three-room apartment in Be'er Sheva sold for NIS 560,000.
- The Be'er Sheva apartment's price is considered exceptionally low, even for its neighborhood.
- Areas like Yeruham and Arad are also known for offering very affordable housing options.
- A newer four-room apartment in Be'er Sheva sold for NIS 1.32 million.
- The article lists various property sales in Tel Aviv, Eilat, Ramla, and Shoham.
- Older apartments may lack a Mamad but offer future development potential.
A three-room apartment measuring 66 square meters on the third floor of a four-story building in Be'er Sheva's New Aleph neighborhood sold recently for NIS 560,000. This price is considered low even for the neighborhood, which has seen other significantly inexpensive deals.
While some areas in Israel, such as Yeruham and Arad, offer particularly affordable housing, Be'er Sheva's deal highlights the potential for accessible housing outside major metropolitan centers. Many of these older, lower-priced apartments may lack a protected room (Mamad), but were built before 1981 and possess future development potential.
In contrast, a newer four-room apartment in Be'er Sheva's Ramot neighborhood, measuring 120 square meters with a balcony, elevator, parking, and Mamad, sold for NIS 1.32 million. This price is also noted as being very low, even for the periphery, indicating that relocation can lead to more affordable housing options.
The article also lists recent sales in Tel Aviv, Eilat, Ramla, and Shoham, showcasing a wide range of prices. In Tel Aviv, a five-room penthouse in the Hatikva neighborhood sold for NIS 2.35 million, and a four-room apartment in Yad Eliyahu sold for NIS 3.88 million. Eilat saw a three-room apartment sell for NIS 950,000 and a four-room apartment for NIS 1.375 million. In Ramla, a four-room apartment sold for NIS 1.89 million, and a semi-detached house for NIS 3.75 million. Shoham had a six-room duplex penthouse sold for NIS 4.7 million.
