Invest in Tiberias Real Estate ๐ŸŒŠ

Explore why Tiberias on Lake Galilee is a prime spot for real estate investment and its cultural significance in Israel.

Invest in Tiberias Real Estate ๐ŸŒŠ
TikTak Houses
338 views โ€ข May 8, 2020
Invest in Tiberias Real Estate ๐ŸŒŠ

About this video

Located on the shores of Lake Galilee, Tiberias is the epitome of holidays in Israel. Serving as an administrative and cultural center, it is a historical city with many tourist attractions.

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The economy is stable, boasting with impressive standards of living and high employment rates
The cost of living in Tiberias is 5% less, compared to the national average
From apartments to large houses, the real estate market of Tiberias is diverse
Residential areas are expanding, powered by demand and the cityโ€™s capacity
Properties in central areas cost โ‚ฌ3,120/sqm and slightly less in the outskirts - โ‚ฌ2,770/sqm
Being one of the most beautiful Israeli cities, Tiberias receives millions of tourists annually
The large number of visitors makes a positive impact on the rental market
Apartments in the city center rent for โ‚ฌ720 to โ‚ฌ1,020/month and for โ‚ฌ512 to โ‚ฌ790/month outside the center
Depending on the property location rental yields vary between 3.9% and 4.2%

Maatayim โ€“ An attractive neighborhood for job seekers and young professionals. Prices for a 2-bedroom apartment ranges from โ‚ฌ270,000 to โ‚ฌ360,000

Kiryat Shmuel โ€“ A densely-populated area with high property demand. The median household price stands at โ‚ฌ165,750, with โ‚ฌ1,220/month average rental price

Shikun Dalet โ€“ A middle-class area with a large number of tenants. Real estate prices are high โ€“โ‚ฌ406,885 on average

Tiveria Illit โ€“ An affordable suburban area with high-quality apartments. The median house price is โ‚ฌ101,200, while the average rental cost is โ‚ฌ870/month

With a variety of property options
and remarkable growth prospects
Tiberias is a BUY

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Video Information

Views

338

Likes

6

Duration

1:47

Published

May 8, 2020

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