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A tender for the construction of housing for long term rental in tel Aviv

Department of land resources and the state company «Leaser dir», created by the Ministry of Finance development of market rental housing, held a tender for the sale of land plot in tel Aviv.

According to the newspaper «Globes», in the framework of the tender on a plot area of 6 dunums in area And Is Mistale, North of the city, there will be 136 apartments for long term rental, in the four 7-storey buildings. On the ground floor of the buildings retail space.

Company ashtrom, which won the tender, will have to rent an apartment to rent for 20 years, and then be able to sell them.

A quarter of the apartments in the project will be offered for rent to beneficiaries of the Ministry of construction at prices 20% below market.

— Sale, purchase and rent housing in Israel

A tender for the construction of housing for long term rental in tel Aviv 17.05.2017

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