Department of land resources and the state company «Leaser dir», created by the Ministry of Finance with the purpose of development of housing rental market, has published a tender for the sale of land under development in be’er ya’akov.
According to the tender, on a site located in a new area that will appear in the Northern part of the city, there will be 234 apartments, designed for long-term leases in buildings up to 26 stories. On the ground floor of the buildings of retail space, according to the newspaper «Globs».
The company that wins the tender will have to rent an apartment to rent for 20 years, and then be able to sell them.
Half of the apartments in the project are intended for renting to beneficiaries of the Ministry of construction at discount prices, other apartments will be offered to rent to all comers at market prices.
In total, the new district is planned the construction of 920 apartments, and public buildings.
— Sale, purchase and rent housing in Israel