Herzliya. The name itself evokes images of pristine beaches, a sparkling marina, and an air of sophisticated, high-tech prosperity. It’s a city that blends a relaxed coastal vibe with the dynamism of Israel’s “Silicon Wadi.” But what is the real cost of entry into this coveted market, specifically for a comfortable two-bedroom apartment?
First, let’s translate the size. A 1,000 square foot apartment is approximately 93 square meters. In Israeli real estate terms, this is typically a 3-room apartment (two bedrooms plus a living room/salon). This is a very common and popular apartment size, perfect for couples, small families, or as a pied-à-terre.
The price for such an apartment in Herzliya is not monolithic; it varies dramatically depending on the neighborhood. Let’s explore the starting prices in three distinct areas.
1. Central Herzliya (The “Green” Neighborhoods) These are the established, leafy residential areas like Herzliya HaYeruka and Herzliya HaTzeira.
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The Vibe: Family-friendly, excellent schools, quiet streets, and a strong sense of community. The buildings are typically older but well-maintained.
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Starting Price: In these neighborhoods, a 3-room, ~93 square meter apartment in a standard building (without sea views or luxury amenities) will have a starting price of around 3,500,000 shekels. Renovated apartments will cost more.
2. Herzliya City Center This is the area around Sokolov Street, the city’s bustling main artery.
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The Vibe: Urban and convenient, with shops, cafes, and public transport right at your doorstep. The buildings are a mix of older blocks and newer projects.
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Starting Price: The convenience of the city center comes with a slightly lower entry price for older buildings. You can find starting prices for a 3-room apartment at approximately 3,200,000 shekels.
3. Herzliya Pituach (The Seafront) This is the most prestigious and expensive area, located west of the main highway.
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The Vibe: A world of luxury hotels, embassies, high-end restaurants, and beachfront living.
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Starting Price: Proximity to the sea carries a massive premium. A 3-room apartment of this size in Herzliya Pituach, even one that is not brand-new or in a frontline sea-view building, will have a starting price of no less than 5,000,000 shekels, and prices rise very quickly from there.
These are the entry points. Prices will increase based on factors like the age of the building, the quality of renovation, the presence of an elevator and parking, and of course, any kind of sea view. But for anyone looking to secure a foothold in one of Israel’s most desirable cities, these numbers represent the current market reality.
Too Long; Didn’t Read
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Size: A 1,000 sq. ft. apartment is a 3-room (two-bedroom) unit of about 93 sqm in Israel.
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Central “Green” Neighborhoods: Starting price is approximately 3,500,000 ILS.
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City Center: Starting price is slightly lower, around 3,200,000 ILS for older buildings.
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Herzliya Pituach (Coastal): The starting price jumps to at least 5,000,000 ILS due to proximity to the sea.
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Price Influencers: Prices increase significantly for renovated apartments, new buildings, and those with parking, elevators, and sea views.
