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16,000 Compete for 38 Discounted Apartments in Haifa Lottery
Around 16,000 applicants are competing for 38 discounted apartments in Haifa through a government housing lottery, with registration closing November 15th. The apartments in the "Nof Yam" project are priced significantly below market rates, with a three-room unit costing approximately 842,000 shekels.
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What happened
- 0116,000 applicants are vying for 38 discounted apartments in Haifa.
- 02The competition ratio stands at approximately 430 applicants per apartment.
- 03A three-room apartment in the 'Nof Yam' project is priced at about 842,000 shekels.
- 04The discounted price is nearly half the median market price in Haifa.
- 05Registration for the lottery closes on November 15th.
- 06The program is open to first-time buyers and those looking to upgrade.
This round is open to both first-time buyers and those upgrading their homes. Similar lotteries are also underway in Harish, Dimona, and Beit She'an.
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