Tzfat (also called Safed) is one of Israel’s oldest and most magical cities — but it’s also quietly becoming one of its most interesting real estate markets. New projects are rising across its hills, blending spiritual history with modern living. This guide explains everything in simple, clear language, as if you’re learning about real estate for the first time.
1. What Makes Tzfat Special
Tzfat sits high in the mountains of the Galilee, surrounded by forests and views that stretch to Mount Meron. It’s famous for its ancient stone alleys, artists, and mystical atmosphere.
But in the last few years, the city has been growing fast. Developers are building new neighborhoods with modern apartments, elevators, and parking — things that old homes in Tzfat rarely have.
People move here because:
- It’s quiet, beautiful, and cooler than most Israeli cities.
- Apartments are more affordable than in Jerusalem or Tel Aviv.
- It’s becoming popular with families, retirees, and foreign buyers who want peace, community, and a view.
2. What Is a “New Project”?
A “new project” is just a brand-new building or neighborhood. Imagine a field or empty lot where a company builds new homes. That’s a new project.
When you buy in one, you’re usually buying from the builder, not from someone who already lives there. The building might still be under construction, so you’re paying for something that’s not ready yet — kind of like ordering a car that’s still being built.
The big advantage:
- It’s completely new. No repairs. Modern design.
- Prices are usually lower at the beginning.
- You can sometimes choose tiles, kitchen style, or floor plan.
The risk:
- You have to wait (sometimes 2–3 years).
- The developer must finish what they promised — so always check who they are.
3. The Main New Projects in Tzfat
Here are the top developments people talk about today:
1. Lev HaShmura
A luxury complex on a ridge above the Biriya Forest. Think balconies facing miles of green hills, 4- to 6-room apartments, and peaceful surroundings.
2. Tzfat Estates
At the entrance to the Old City, mixing old charm with modern style. Elegant stone-and-glass buildings designed for families and second-home owners.
3. Nofei Bereshit
In the Mitzpe HaYamim area — a newer, quieter part of Tzfat. Perfect for people who want clean air, views, and reasonable prices.
4. Givat Oranim
A boutique project in Neve Oranim with terraced buildings, green parks, and a small-community feel.
5. NP-TZFAT01
A large planned neighborhood with hundreds of homes between Mount Canaan and the city entrance. This is the next big expansion zone for Tzfat.
6. Majestic Residences
Luxury apartments with elevators, underground parking, and panoramic windows — aimed at buyers seeking something more exclusive.
4. Simple Meanings of Real Estate Words
| Word | What It Means | Example |
|---|---|---|
| Developer | The company that builds the project. | Like the chef who cooks the dish. You’re trusting their recipe. |
| Permit | Government permission to build. | Without it, construction isn’t legal. |
| Off-plan | Buying before the building is finished. | You see drawings and models instead of a real apartment. |
| Tabu | Israel’s official land registry. | Your name must be written there to prove ownership. |
| Mas Rechisha | Tax you pay when you buy. | Usually 8–10 % for investors. |
| Tama 38 / Pinui Binui | Programs that rebuild or strengthen old buildings. | Not usually “new projects,” but worth knowing. |
| Va’ad Bayit | Building committee and monthly fee. | Pays for cleaning, lights, elevator, garden. |
| Tofes 4 | Paper showing the city approved the building for living. | Without it, you can’t move in. |
| Rental Yield | How much rent you earn compared to what you paid. | Buy for ₪1 million → rent ₪5 000 a month = 6 % yield. |
5. How to Choose a Good Project
A. Location
In Tzfat, even 100 meters can change your view completely.
- High spots = better air and scenery.
- Near the Old City = closer to culture and tourism.
- New neighborhoods = more parking, newer roads.
B. Developer Reputation
Ask:
- Have they finished other projects?
- Do people complain about delays or poor quality?
Good developers deliver on time and keep promises.
C. Legal Status
Always check that the project has permits and is listed in the city’s zoning plan.
If it’s missing, it might not be real yet.
D. Price and Payment
Developers often offer payment in stages:
- When you sign.
- When the building reaches the roof.
- When you get the keys.
Make sure you know the total cost, including taxes and lawyer fees.
E. Investment Potential
Tzfat has tourists all year, especially on holidays and weekends. Apartments with balconies, views, or near the Old City are easiest to rent.
6. Living vs. Investing
If You Want to Live There:
- Visit the neighborhood. Listen to the quiet.
- Meet the people. Is it a family area? Religious? Mixed?
- Focus on comfort, not just price.
If You Want to Invest:
- Buy early in construction — prices rise later.
- Choose 3- or 4-room units (easiest to rent).
- Compare rent you’ll get vs. total costs.
7. Simple Buyer’s Checklist
☑ Check who the developer is.
☑ Confirm the building permit exists.
☑ Hire a local real-estate lawyer.
☑ Read the full payment schedule.
☑ Ask when “Tofes 4” will be ready.
☑ Calculate all taxes and fees.
☑ Compare prices per m² with nearby projects.
☑ Visit the site to see the view and access.
☑ Plan for 2–3 years before delivery.
☑ Keep copies of all signed documents.
8. The Bigger Picture
Tzfat is changing fast. It’s still spiritual, calm, and full of artists — but now it’s also growing upward. Buying a new apartment here means becoming part of that growth.
If you’re a first-time buyer, take it step by step.
If you’re an investor, look beyond the stone streets — the new neighborhoods on the hills are where tomorrow’s value is created.
In simple words: Tzfat’s new projects mix heaven’s view with earth’s opportunity.
