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EXCELLENT INVESTMENT OPPORTUNITY: NEW ASHDOD APARTMENT PROJECT OFFERING GREAT RENTAL UNITS
For sale in a new project in Ashdod
Ashdod is the fifth most populated city in Israel with 225,000 residents. It is home to the third largest orthodox community.
A selection of apartments comprised of 2-bedroom garden units, 3-bedroom units and 4-bedroom penthouse units. All the units will be built to high technical specifications.
The building is in Ashdod’s gentrifying Rova Vav (Sixth District) which is attracting Charedim who want to be associated with the strong Charedi community situated a mere two-minute walk away in Rova Zayin (Seventh District).
According to statistics provided by the Ministry of Housing and the Bank of Israel, prices in Rova Vav have increased by 40% over the past four years, and by 2.5% in the past quarter alone.
There is precious little supply and very large demand for quality housing in this part of town.
Construction is in high gear and is expected to be completed in less than 18 months.
Excellent opportunity to purchase an apartment at prices significantly below the large population centers and their bedroom communities.