While the headlines are dominated by Tel Aviv and Jerusalem’s sky-high prices, the smart money is already looking elsewhere. The next wave of growth in Israeli real estate won’t come from the saturated center, but from the fringes that are being pulled into the economic orbit by massive infrastructure projects.
The first place to watch is the south. Cities like Be’er Sheva and, further out, Dimona and Yeruham are transforming. Once considered dusty backwaters, they are now hubs of tech, cybersecurity (thanks to the IDF’s move south), and education. Government investment and new rail lines are making the commute to the center more viable, and property prices, while rising, are still a fraction of those in Tel Aviv.
To the north, look at areas around Haifa, specifically the Krayot suburbs and cities like Nahariya. The extension of high-speed rail and Highway 6 is changing the game, turning these once-distant cities into feasible commuter towns for the Haifa tech hub. Another area with huge potential is Harish. It’s a brand-new city being built from scratch with modern planning, aimed at young families priced out of the center. Investing in these areas is a bet on the future of Israel’s infrastructure, and right now, that looks like a very good bet.
Too Long; Didn’t Read
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The South: Cities like Be’er Sheva are becoming tech and cybersecurity hubs, with property prices still relatively low.
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The North: Areas around Haifa and coastal cities like Nahariya are becoming more accessible thanks to new highways and rail lines.
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Harish: A completely new city designed for young families, offering modern infrastructure at a lower price point.