Economy15:02 · 13m ago

New Affordable Building Plots Available in Dror-Hiran Settlement Starting at 250,000 NIS

Arutz ShevaRight
Translated & summarized from Arutz Sheva by baba
The story · English

A new construction group is forming to purchase and develop building plots in Dror (Hiran), a rapidly growing settlement in the northern Negev near Yatir Forest. The area is experiencing accelerated development supported by government investments, attracting around 2,400 new families who see it as a promising future home.

The group offers a unique opportunity for investors and homebuyers to acquire rural-style plots with large yards at significantly reduced prices. Initial equity required is approximately 250,000 NIS, with the innovative group-building model allowing profits that would normally go to developers to benefit buyers instead, lowering overall construction costs. This enables buyers to obtain garden apartments with large yards for under 2 million NIS.

The project, named Talmei, features land with approved building plans marketed by the Israel Land Authority, ensuring clear and defined construction rights rather than speculative or undeveloped land. Building dozens of units together creates substantial savings compared to individual private construction, alongside tax benefits for investors.

Key advantages include affordable prices comparable to three-room apartments in central Israel, low initial equity with full financing available until handover, reduced ongoing costs, and developer profits redirected to buyers. Registration for the group has just opened, with only 20 plots available and meetings scheduled by registration order to explain the business model and assess suitability.

Read the original at Arutz Sheva
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