The Ministry of Finance announced the completion of the tender for the sale of six plots of land for the construction of homes on 468 apartments in the framework of the project «the newcomer» («Policy Le-Mistaken») in Sderot. All plots were given to a construction company that offered the lowest final price per square foot – 4.896 shekels per square meter.
The apartment has an area of 85 square meters will cost the beneficiaries of the project in the amount of 463.376 NIS (28% below the market price for similar apartments in Sderot). The initial price of an apartment of 100 square meters will be 548.248 shekels (discount 27% of the market value), the initial price of the apartment about 120 square meters will be 661.410 shekels, which is 25% cheaper than market price.
All apartments are equipped with Parking and balcony and storage room, increasing the surface area of each apartment is 8 square meters. Houses will be built near the new entrance to the city, the new district is 682 dunams of land, it will be posted home on 1.097 housing units. In addition to residential houses in the new district will be built environmentally friendly businesses, schools, Park, shopping and public spaces.