The splendor of the Sharon plain
Discover Hod HaSharon's Real Estate
Hod Hasharon is located in the Central District of Israel, around 10 km away from the Mediterranean Sea coast-line. Founded in 1964 with the merger of a few smaller districts, this city is an up and coming Israeli prospect with loads of potential. Its population, which currently stands at over 62,000, has significantly grown in recent years and is expecting an imminent boom very soon. This developing city\'s real estate market is one that is slowly gaining the attention of investors from all over Israel and beyond.
Culture, History, and Business
The city of Hod Hasharon has a relatively short history, having been founded just 56 years ago and given the city status in 1990. It came into existence through the merger of four villages, namely Magdiel, Ramatayim, Hadar, and Ramat Hadar. An interesting fact of this city’s history is that the remains of a 1300-year-old olive oil factory were discovered here.
Despite its very recent inception, the city of Hod Hasharon is not devoid of a rich culture. Albeit a small town, it has several attractions that reflect its rapid development. These include Four Seasons Park, Marg diel Gardens, Sharonim Mall, Atdim Park, and various archeological sites as well as Bible tours. Also, the city’s proximity to many other Israeli hotspots, such as Tel Aviv, makes it an ideal pit-stop for tourists traveling from one city to another. A unique aspect of this city’s culture is that many of its residents are English-speakers, leading to the formation of an English wing in the town’s municipal library in 2005.
Hod Hasharon’s economic roots lie in the agricultural industry, but things have been quite different since it evolved into a dense suburb. The city is attracting new residents daily, leading to new businesses springing up frequently. One significant economic advantage the city has is its proximity to the industrial centers in Raanana, Kfar Saba, Petah Tikva, and Tel Aviv. These provide the residents of this small town with ample employment opportunities, resulting in a boost to the overall economy.
Real Estate Appeal
Being an up and coming city among tried and tested heavyweights such as Tel Aviv and Jerusalem, Hod Hasharon has garnered significant attention from real estate investors in recent years. This can be attributed mainly to its prime location, steady growth in population, and rapid infrastructural development. Having become a city just 30 years ago, Hod Hasharon has not had much time to grow. Nevertheless, the Israeli government has big plans for its future. Demand and prices for all sorts of properties are on the rise, making this city one that is rich in real estate investment opportunities.
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