ISRAEL REAL ESTATE AGENCY: BAT YAM, A SURE VALUE

Located at 7 km only from Tel Aviv, Bat Yam has all the assets to one day see a huge project come to fruition: belonging to Greater Tel Aviv. The exponential growth of the city has knocked out analysts, since the locality has seen an increase in real estate projects, as demand is high. With one of the most beautiful coastlines in the country, invest in Bat Yam has become a safe bet, whatever the good. The rehabilitation of the southern districts is underway and is already seeing the emergence of real estate offering a breathtaking sea view. But the city has come a long way ... Victim of its bad image in the 90s, the municipality has invested tens of millions of shekels in recent years to modernize the streets, create new neighborhoods and develop shopping centers, entertainment venues and sites aimed at tourists, including the famous refurbished “tayelet”, which has seen the biggest fast food brands arrive at a gallop. Given a rehabilitation carried out with a great deal of communication on Alyah by local institutions, the most informed investors have scented the right vein, to create Park Hayam, located south of the city in the district Yitshak Sadeh, very popular with buyers, one of the few land reserves remaining available for development in the Gush Dan region. Current projects aim to combine prestigious real estate by the sea, with shopping centers and leisure facilities, but also hotels and a nature reserve. According to preliminary plans, the neighborhood will contain 10,000 residential units by the end of construction. Bat Yam today has something to compete with Tel Aviv, by the diversity of goods offered for purchase or rental, but it is at the level of prices still accessible to buyers that the city scores points and will continue to ramp up with the tram planned for next year, which will serve the inhabitants of Bat Yam in Tel Aviv in 7 minutes!

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