So how much does a new apartment in Haifa cost?
The Live Here team investigates the prices of new apartments in the city of Haifa.
We move between the various sales offices, receive offers, compare prices and upload to the comparison table.
This way we save you running between the different sales offices.
How do you know the real price of the apartment?
Each apartment has a different area. In order to understand the real price per meter, we calculated it for you and compared the projects. For your information, the important column in calculating the price of an apartment and an appropriate comparison between the projects is the column of price per built meter, highlighted in BOLD (Price per meter built in Ashok - thousands of NIS).
If you want to understand the real estate market in depth, you should take a good look at this column, see the huge price differences per net meter between the projects and do your math if the price per built meter matches your expectations.
Why are there such large differences between the prices of new apartments and a built meter?
"Prestige" projects will usually show prices per built meter that are significantly higher than "popular" projects.
When choosing an apartment, price is not the only factor.
There are also elements of the location of the neighborhood, the location of the apartment within the neighborhood, sea view, air directions of the apartment and more...
We do not include all these data in the comparison table, since it is very difficult to bring them to a financial common denominator.
We leave that to those of you who will be interested in finding out in depth before buying.
We try to present here as objective a comparison as possible based on the area, floor and price of the apartment.
We intend to continue collecting prices from additional projects in Haifa.
It is important to note:
In the Naot Peres neighborhood A pre-sale is currently being carried out in some of the projects, although some of them have not yet received a construction permit and the estimated delivery date is 2017.
In the Ramat Hanasi project In the upper part of the Neve David neighborhood, occupancy is already in full swing, therefore, naturally, apartment prices rise during the delivery phase.
Note: In light of the sensitivity of the information presented here and the existing competition in the market, we inform in advance that the prices and data are based on our investigation.
The location of both Ramat Habib or Ramat Hanasi and the stadium neighborhood or Neot Peres (just this jarring name makes you not want to live there) both are less good locations than any other neighborhood in Carmel in terms of their proximity to main roads through the sea and Route 4 and Freud and noise nuisances. Even in terms of the stadium, the neighborhood will be under siege every time there is an event or a game there, which is most of the year. Who wants hundreds of people walking around their neighborhood at every event and also a main road that goes through it to Route 4? The prices there are unreasonable in relation to the value. You can get apartments in Gali Carmel, which is a 4-minute drive away, on high floors with the exact same view, much lower property taxes and less nuisances like shopping malls and main roads in the neighborhood for half the price than in Haifa.
There is no justification in a city like Haifa to buy new apartments, there is a huge inventory of good second-hand apartments, as well as whoever said that new small apartments should be built, you can renovate a new 2-room apartment, a 4-room apartment with a magnificent view for the price. Why build a new one and renovate the existing one?
In an old apartment, you can put in electric blinds, a new kitchen, new flooring, electrical piping and still save hundreds of thousands of shekels and get a bigger apartment in an already established neighborhood that won't be a construction site for 10 years like Ramat Hanasi or the stadium.
The location of both Ramat Habib or Ramat Hanasi and the stadium neighborhood or Neot Peres (just this jarring name makes you not want to live there) both are less good locations than any other neighborhood in Carmel in terms of their proximity to main roads through the sea and Route 4 and Freud and noise nuisances. Even in terms of the stadium, the neighborhood will be under siege every time there is an event or a game there, which is most of the year. Who wants hundreds of people walking around their neighborhood at every event and also a main road that goes through it to Route 4? The prices there are unreasonable in relation to the value. You can get apartments in Gali Carmel, which is a 4-minute drive away, on high floors with the exact same view, much lower property taxes and less nuisances like shopping malls and main roads in the neighborhood for half the price than in Haifa.
There is no justification in a city like Haifa to buy new apartments, there is a huge inventory of good second-hand apartments, as well as whoever said that new small apartments should be built, you can renovate a new 2-room apartment, a 4-room apartment with a magnificent view for the price. Why build a new one and renovate the existing one?
In an old apartment, you can put in electric blinds, a new kitchen, new flooring, electrical piping and still save hundreds of thousands of shekels and get a bigger apartment in an already established neighborhood that won't be a construction site for 10 years like Ramat Hanasi or the stadium.
[quote="KingSeattle":3i0ni62y]What is the frequency of updating this article?
We will update from time to time when there is new data.
At the moment the real estate market is stagnant, in light of the ongoing debate in the Knesset on the VAT solution
What is the frequency of updating this article?
Data that will definitely help the public in making a decision. However, 2 data series are missing. the one, The number of apartments in each project. The second, as they say in real estate, there are 3 reasons for the price: location location and location. Without an exact location (including a map and exact location of the building) of each project it is difficult to set a standard for a proper price.
Another note. in accordance with the new finance plan New apartments priced up to 1.6 million(without MS) will be included in the aid program. In light of the data, there are new apartments in Haifa that meet the criteria, but as mentioned, there are no data on quantities. It should be noted that one of the bitter debates regarding the new law (see Minister Ariel's proposal for a lottery, and yesterday's article supporting Dr. Shekel's plan) is the state's ability to provide enough apartments within the criteria for everyone who wants them. A debate that has not yet ended.
Another conclusion from the data. The upper price line is tangent to the price of NIS 20,000 per square meter. This results in an average price for a luxury apartment of 100 square meters around NIS 2 million. Haifa has become a city that definitely fits the description of the CEO of the Mizrahi Bank from yesterday. Except for the top decile, there is no one who can buy a good apartment in the area.
One last note. It would have been desirable to upload an Excel file and not a screenshot to allow the file to be downloaded and re-sorted in other sorts to allow further comparisons.