One of Israel’s most popular real estate spots
Discover Haifa's Real Estate
With a combination of international trade, multiple industries, leading educational institutions and commerce centers, Haifa is one of high-demand Israel’s cities when it comes to real estate investments. The city’s real estate market is continually growing and striving to offer investors the most profitable real estate market.
Culture, History, and Business
Haifa is a third-largest multicultural city in Israel located on the slopes of Mount Carmel facing the Mediterranean Sea. This city is home to over 285,000 people, consisting of a mixed population of Jews and Arabs and the amazing blend of these two cultures can be seen throughout the whole city.
Haifa was earlier known as Tell Abu Hawam and was legally established in 1948. Today, the city can offer numerous things to its residents and tourists- marvelous Bahai gardens, a great selection of museums, Templar-era buildings, restaurants, cafes, zoos, several thriving community centers and a lot more. Moreover, Haifa has highly active scientific and economic sectors and a well-established education system as well.
As home to the Matam Industrial Center and hi-tech industrial park of the country, Haifa offers ample employment opportunities in various industries. Due to these reasons, Haifa has now become home to many English speaking immigrants, that contribute largely to Israel’s business openings and the overall economy.
Real Estate Appeal
Haifa is the northern capital and industrial seaport of Israel. It’s a center for manufacturing, industrial production and hi-tech, led by the world-renowned scientists of the Technion University.
When it comes to real estate prices, 2019 showed a modest to minimal rise in property prices, somewhere around 2.1%. Apartments can be found at an average price between $319 per square feet and $425 per square feet, even more for certain locations in the city. Luxury villas in Haifa can cost you ranging from $2,105,400 to $6,179,500 depending on the number of bedrooms and other facilities they offer.
Many new residential projects are planned for the future, offering a great chance for investors to fetch affordable property for higher ROI in the future.
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