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Israel Resumes Discount Housing Lotteries for Existing Homeowners
Israel has reinstated eligibility for existing homeowners in the "Discount Housing" lottery program, allowing them to purchase properties at below-market prices. Winners must sell their current homes within a year.
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What happened
- 01Existing homeowners can now participate in Israel's "Discount Housing" lottery program.
- 02Winners must sell their current homes within 12 months of moving into a new lottery apartment.
- 03102 apartments are available in Beit She'an, Dimona, Haifa, and Harish at discounted prices.
- 04Prices for a three-room apartment range from approximately 488,000 to 842,000 shekels.
- 05Lottery winners in Beit She'an and Dimona will receive grants of 60,000 and 40,000 shekels respectively.
- 06Registration for the lottery is open for 10 days on the program's website.
The program offers 102 apartments in peripheral cities like Beit She'an and Dimona, with prices varying by location and size. Registration is open for 10 days.
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