Economy14:03 · 22m ago

New International Neighborhood Near Tel Aviv Offers Apartments 300K Shekels Below Market Prices

Kikar HaShabbatReligious
Translated & summarized from Kikar HaShabbat by baba
The story · English

A new residential district called the International Quarter is under development west of Lod, near the open fields of Nir Tzvi and close to the Ganei Aviv train station. The project spans approximately 1,600 dunams and will include around 11,350 housing units, alongside 154,000 square meters of employment space and 48,000 square meters for commerce and leisure. About 704 dunams are designated for public open spaces, mostly green areas, parks, educational institutions, walking and cycling paths, and urban squares, aiming to blend urban living with green environments in central Israel.

Currently, a presale phase is underway offering 3- to 6-room apartments priced roughly 300,000 shekels below market rates. Buyers benefit from special payment terms of 10/90, meaning a small initial payment followed by the remainder later, as well as full exemption from legal fees. The neighborhood's location is strategic, with quick access to Tel Aviv via the nearby Ganei Aviv train station and proximity to highways 4, 6, and 431, Ben Gurion Airport, and Airport City. A future metro station is also planned for the area.

For families and those upgrading their homes, the International Quarter presents a timely opportunity to purchase in a new neighborhood still under construction, with developing infrastructure and significant green spaces. The presale prices are based on marketing data provided for the project and are subject to contractor loan conditions and purchase agreements.

Read the original at Kikar HaShabbat
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