[ssba-buttons]
Buying Agricultural Land:
The rise in prices continues in the real estate market. Some see it as an opportunity to buy agricultural land at attractive prices.
Why buy agricultural land?
However, there are several facts to consider before investing in agricultural land:
The vast majority of young Israelis consider themselves to be light-years away from purchasing property or land for construction. Many of us have witnessed the price evolution in major Israeli cities over the past 10 years. The country’s economic situation, the inflation of housing prices, reduces the possibilities of finding a permanent housing solution.
As a result, many citizens of the State of Israel are turning to alternative solutions. To calm their investment concerns, they see it as an opportunity to invest in agricultural land. Thinking about the future. Whether it is their own future, or the future of their children and even their grandchildren.
Despite all the studies and discussions on the subject, we cannot predict the future of the housing market.
But the number of lands in the country is decreasing. Falling due to a demand significantly higher than the supply. The price increase that started several years ago in the real estate market in major cities is not expected to stop in the near future. Israeli experts predict a population of around 13 to 15 million inhabitants by 2050. This implies a development of cities accordingly.
Let’s review why to buy agricultural land:
Location: Agricultural lands for sale today are located outside the city. In quiet rural areas without problems of overcrowding, traffic jams, and the noise of urban areas. The prices of land on the outskirts are very reasonable. It is now possible to buy plots for future constructions at very attractive prices.
In the central region, land is significantly more expensive than in other areas. But some will say that land in the central region will yield returns more quickly and produce higher returns.
[fusion_button link=”https://fr.isra.land/get-quote/” title=”” target=”_blank” link_attributes=”” alignment=”center” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”default” button_gradient_top_color=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” button_gradient_bottom_color_hover=”” accent_color=”” accent_hover_color=”” type=”” bevel_color=”” border_width=”” size=”” stretch=”default” shape=”” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]Are you interested in buying land in Israel? Sign up on our form[/fusion_button]
Opportunity: The issue of housing prices and the fate of Israeli citizens is heard on the political table, and this is undoubtedly part of the political platform of every party. The pressure exerted by all parties involved has already shown signs of success in the form of the possibility of a new regulation.
Convenience:
In the past, buying agricultural land was accompanied by a lot of bureaucracy and some headaches from the state. Today, buying agricultural land is accompanied by law firms specializing in real estate transactions that facilitate the process and allow you to purchase your property with minimal involvement and smooth paperwork.
Liquid Investment: Agricultural land is an asset in every respect, so you can turn around at any time and sell the property. In addition, many investors in Israel buy land, hold it for several years, and then sell the property with hundreds of percent of their initial investment. As mentioned above, most land in the economy is intended for construction, and therefore, with all the progress made in the land demarcation process, the financial value of the land increases accordingly. Agricultural land has already proven itself as a smart investment for high returns.
The Price:
The price of agricultural land is significantly lower than the price of buildable land. Buying agricultural land is a future investment and accessible to everyone. The value of the land can double itself or even more in a few years. In addition, many companies today offer financing options and convenient payment terms.
So, how to buy agricultural land?
1. Conduct a comprehensive market study – Most development areas work with a large number of real estate companies, each marketing its land, check prices with several companies to compare.
2. Prepare a budget for the investment – investing in agricultural land will involve future expenses and having an acquisition strategy. Establish a budget, prepare in advance, and ensure that the land purchase adheres to the budget we have set.
3. Visit the property –
it is very important to see the land before investing. In order to understand how the area is built, if the land is part of the existing urban fabric, and what the actual size of the plot is. You need to make an appointment with a representative of the marketing company to receive all the important details about the land.
4. Discover the status of the land planning committees to inform the current planning and zoning of the building. If there are plans for changes from agricultural to residential designation. And if so, what stage is the process at? Examine if there are regional or national master plans that apply to the plot.
5. Consider the current real estate market. For example, as of today, there is a shortage of available land for construction in central and peripheral areas. As a result, agricultural land will enrich the real estate market in the near future.
In conclusion, we will not answer the entire question of why to buy agricultural land. But buying agricultural land is becoming a profitable and progressive investment in Israel in recent years. Today, the annual market for buying/selling agricultural land is around a billion shekels.
[fusion_button link=”https://fr.isra.land/get-quote/” title=”” target=”_blank” link_attributes=”” alignment=”center” modal=”” hide_on_mobile=”small-visibility,medium-visibility,large-visibility” class=”” id=”” color=”default” button_gradient_top_color=”” button_gradient_bottom_color=”” button_gradient_top_color_hover=”” button_gradient_bottom_color_hover=”” accent_color=”” accent_hover_color=”” type=”” bevel_color=”” border_width=”” size=”” stretch=”default” shape=”” icon=”” icon_position=”left” icon_divider=”no” animation_type=”” animation_direction=”left” animation_speed=”0.3″ animation_offset=””]Are you interested in buying land in Israel? Sign up on our form[/fusion_button]
