Department of land resources has successfully held another construction tender for the scheme «mehiri Le mistaken» («price for new settlers»). The winners for all tendered for the seven parcels of land in Atlit, which will be built 352 housing units, according to the newspaper The Marker.
Unlike conventional tenders for the purchase of land, in which the winner is the company who offered the highest price for the land, in tenders for this scheme, the winner is the one who names the lowest total cost of apartment turnkey in compliance with the required standards of construction.
The possibility of acquisition of apartments in the projects under the scheme «mehiri Le mistaken» are the holders of concessions of the Ministry of construction, meet certain criteria, primarily those who went through military service.
According to the results of the tender, the average cost of apartments of 100 square meters will be approximately 880 thousand shekels, and apartments with an area of 120 sq. m. 1,050 million shekels. These prices reflect a 25% discount from the market price.
— Sale, purchase and rent housing in Israel