It is true that buying an apartment in Nahariya in the 2000s was risky. Who wanted to live in the North of the country? Nowadays, many young families choose to disconnect from the megacities and invest in the northern regions.
Today, the construction boom in the city allows you to buy a new apartment from a developer in Nahariya both for living and for investment.
The northern area is characterized by the atmosphere of a village. Notably, the clean air, the wide open spaces, and the people who communicate with each other like a big family.
A new apartment in Nahariya often suits families who wish to raise their children in a nurturing environment, but also young couples who want to enjoy everything the city has to offer – from city-sponsored attractions to more natural ones.
New real estate projects for young couples can be viewed directly on our site Israland.
Additionally, upcoming projects that have emerged could offer you advantageous purchasing options.
One of the most remarkable assets of the city is, of course, the sea, which allows everyone to realize the dream of living close to the azure waves of the Mediterranean Sea.
Real Estate in Nahariya – a huge construction boom!
To a large extent, it can be said that this is a kind of metamorphosis of the city.
In recent years, there has been a strong and significant increase in the number of projects in Nahariya, reflecting, among other things, the high real estate demand that prevails there. In just four years, between 2010 and 2014, nearly 2,000 housing units were built in the city – a jump of over one hundred percent compared to the previous five years.
Price per sqm: 11,823
Rental Yield: 3.2%
Price increase (2006-2017): 210%
Nahariya is one of the northern cities that hosts the country’s wealth. With only 60,000 residents, it ranks among the most expensive cities in Israel, despite its geographical location (in the north of the country).
The price per sqm is well above the average price typically found in the north of the country. 