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The average discount when buying apartments in the projects «policy Le-mistaken» – 290 thousand shekels

According to the report of the research center of the Knesset, the average size of discounts when buying apartments in the projects under the scheme «policy Le-mistaken» («the price for new settlers») is approximately 290 thousand shekels.

As noted in the report, apartments in such projects are sold on average 21.2% less than their market value, according to the newspaper «Globs».

The report was compiled by results of the analysis of 77 projects «policy Le-mistaken» in various parts of Israel.

Unlike conventional tenders for the purchase of land for development, in which the winner is the developer who offers the highest price for the land, in tenders under the «policy Le-mistaken» the winner is the one who names the lowest total cost of apartments turnkey in compliance with the required standards of construction.

The possibility of acquisition of apartments in the projects under the scheme «policy Le-mistaken» are the beneficiaries of the Ministry of construction that meet a certain criteria, primarily those who passed military service.

— Sale, purchase and rent housing in Israel

The average discount when buying apartments in the projects «policy Le-mistaken» – 290 thousand shekels 13.02.2017

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