Israel and construction: new opportunities
50 million dollars. So far the grants amount to 35 projects across the country in the field of construction.
The nation battered by the war, it was resolved in the real estate sector, thanks to the support of foreign capital that, invested in particular for the construction and purchase of real estate in Israel, have made possible an economic and financial recovery.
This was agreed in the independent annual report by the Israeli Ministry of Tourism in London entitled '' The Israel Hotel Market Overview ''. There is talk of building not only in terms of residential but also from the point of view of tourism and business.
They have been brought to the attention of the commission of data on tourism and housing potential in Israel, on government aid to investors seeking to build houses in Israel with particular regard to shortened and facilitated planning routes, subsidies for the renovation of existing buildings up to 35% of the total investment and the presentation of a mapping of potential investment opportunities in the sector.
The aim of the Government's action is to increase the residential housing units by over 2 million over the next ten years, to reduce the price of homes by at least 20% compared to the current value, to increase the technological level of the construction methods, using skilled labor.
What are the prerogatives necessary to access building facilities?
• proven experience in the housing sector;
• proportionate financial capacity;
• possession of industrialized and innovative construction methods;
• high levels of profitability. Particular emphasis was given to this last criterion, underlining the respect of the construction times of the contracting companies.
And the area of greatest interest and productivity?
Tel Aviv is undoubtedly the most luxurious and profitable city. With $ 7,000 (corresponding to € 6044) it is possible to rent a house that has already been furnished for a month. Building a property in this coastal area (of any intended use) makes it possible to attract a wide and varied catchment area, given the proximity to the sea.
Do not forget all the other cities that attract tourists on a religious level such as Jerusalem (120 euros per night) and Tiberias, which starts at 80 euros per night.
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Israel and construction: new opportunities
Israel and construction: new opportunities 50 million dollars. So far the grants amount to 35 projects across the country in the field of construction. The nation battered by the war, it was resolved in the real estate sector, thanks to the support of foreign capital that, invested in particular ...
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