The Future of Tel Aviv’s Real Estate Market Looks Bright

Date:

Investing in Real Estate in Tel Aviv Amidst 7-Month War: A Secure and Resilient Market

Title: Real Estate Prices in Tel Aviv Remain Strong Despite Ongoing Conflict

Despite the nearly 7-month long war, real estate prices have remained strong in Israel, particularly in Tel Aviv. The city’s year-round sunny blue skies, amazing beachfront, and reputation as the World’s Happiest City continue to attract investors to the real estate market.

The Ben-Shalom family, with three generations of experience in building apartments in the White City, currently has 30 new projects in the works. Home buyers like Sarah Geist, who recently purchased a penthouse in north Tel Aviv, see investing in real estate in Israel as an act of Jewish pride and a safe haven from growing antisemitism abroad.

Real estate lawyer Andy Schwartz notes the stability of the Israeli market, attributing it to the limited supply in Tel Aviv which prevents drastic drops in prices. Despite the conflict, the market has rebounded to pre-war levels, demonstrating its resilience.

Itamar Ben-Shalom, co-CEO of Ben-Shalom Development & Construction, emphasizes the importance of location in real estate. Their projects span across Tel Aviv’s central avenues and suburban neighborhoods, catering to different preferences.

Ami Balshan from Ben-Shalom emphasizes the personalized care they provide to buyers throughout the process, ensuring satisfaction and support even after the sale. Geist echoes this sentiment, feeling like she was buying into a family rather than just a property.

With the Tel Aviv skyline continuously evolving and attracting buyers, the real estate market in the city shows no signs of slowing down despite external challenges. For more information, visit the Ben-Shalom website.

Share post:

Subscribe

Popular

More like this
Related