Find Real Estate Properties in Netanya
Netanya is a beautiful city located in the central district of Israel and is well known due to the presence of long stretches of beaches in the city. This has helped in identifying Netanya an important tourist spot of Israel. Another feature that favors Netanya is its wonderful climate throughout the year owing to the presence of beaches beside it. Ultimately, the amount of settlements has also increased in the recent years.
Though Netanya is not a very large city compared to the other cities of Israel, the population is relatively high and so is the per capita income. On an average, a single person earns about NIS 5500, which is very high when the average income of Israel is taken into consideration. These factors have attributed to the profitable real estate business in the city.
Basically being a tourist city, Netanya houses a lot of people from the well-off society. Also, the number of immigrants and tourists are high. Due to these facts, there have been a large number of exchanges of lands. This has not only been profitable to the promoters, but has also increased the resale prices of the lands considerably.
A large number pf people in this city prefer to an individual house than an apartment. Therefore, the settlements in the Wingate area and the neighborhood of Avichail stream house a very large number of pent houses and cottages whereas the other parts are sparsely divided into multi-storey apartments (דירות חדשות) and individual houses too.
Owing to the tourism value of the city, there is always a good connectivity of the city with other parts of Israel through buses and fast rail transports. Therefore there has been increase in the new population in the recent years and also the land values are also continually on the rise. Real estate has, hence, been flourishing in the city.
The major housing areas of the city include Kiryat Tzanz, which house a majority of Tzanzers, a particular sect of the Israeli society. Other than this, the Kiryat Eliezer neighborhood comprises of a lot of schools and hence is identified as a very good residential area too. This houses a major percentage of the individual homes in the city.
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