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In modi’in and be’er Sheva will build apartments at discounted prices

In modi’in and be’er Sheva in the framework of the «Policy Le-Mistaken» («the new settler»), promoted by the Minister of Finance Moshe Kahlana and Minister of construction Yoav GALANT, will be built 755 housing units, reported the press service of the Ministry of Finance.

In the area Moreset in modi’in build 345 apartments. Moreshet is a new district, which includes about 4,200 housing units and 300 social housing for older people – «diyur Mugan».

In addition to residential buildings, the district provides for the construction of retail and office space, parks and gardens, footpaths. Infrastructure development is conducted with minimal intervention in the ecology of the area.

New apartment project in modi’in will be sold to beneficiaries at 28% below market price. Thus, the cost of the apartment area of 85 square meters will start from 971.453 shekels, which is 386 thousand shekels below market value. Apartment of 100 square meters will cost from 1.126.472 shekel (447 thousand shekels below market value). Starting price of apartments of about 120 square meters will be 1.333.165 shekels, 530 thousand shekels less than the cost of similar housing in the free market.

In Beersheba, in Park Nahal near the southern border of the city, in the framework of the «Policy Le-Mistaken» will be constructed 410 housing units. In total, the area will 4.130 apartments.

Park Nahal planned construction of a town square, public and municipal buildings, schools and kindergartens, construction of roads under the cars and public transport and walking and Cycling paths. In addition, there will be a large Park.

Beneficiaries of the program «Policy Le-Mistaken» will be able to purchase apartments in a new project at 10% below market value. Starting price of the apartments with an area of 85 square meters will be 777.652 shekel, apartment of 100 square meters will be offered at a price of 900.958 shekels, and apartments with an area of 120 square meters at a price of 1.065.366 shekels.

— Sale, purchase and rent housing in Israel

In modi’in and be’er Sheva will build apartments at discounted prices 10.08.2017

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