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August 5, 2015 / 20 Av, 5775
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New Immigrant Real Estate Quest Is Determined By a Variety of Issues

New immigrants from USA arriving at Ben Gurion Airport

Photo Credit: Kobi Gideon / FLASH90

Ramat Gan-Kiryat Ono-A growing Anglo community is starting to put down roots in Ramat Gan’s Krinitzy neighborhood, which borders affluent Kiryat Ono. Several large real estate projects are being built to accommodate doctors, nurses and university professors who work at nearby Tel Hashomer-Sheba Hospital and Bar Ilan University.

Zichron Yaacov– During the past three years, a growing number of American olim are flocking to this hilltop town, which overlooks lush green valleys and the inviting Mediterranean coastline because of its unique beauty and laid back suburban lifestyle. With commuter bus service to nearby Haifa (20 minutes) and a rail link to Tel Aviv (55 minutes), many families prefer to work in the big city by day and return to a blissfully quiet environment during the evening hours.

Beersheba-The capital of the Negev has featured a growing Anglo population for nearly two decades. The community is centered around Ben-Gurion University and Soroka Hospital, the largest medical facility in Southern Israel. The city is currently undergoing a transformation, with a variety of attractive residential projects being built alongside new cultural centers and shopping malls.

Petach Tikva-For the second year in a row, this city of over 200,000 people, located less than 20 minutes from downtown Tel Aviv, has had the distinction of boasting the largest number of new residential building projects in the nation. A substantial Anglo community is located in the Kfar Ganim neighborhood, which also highlights quality cultural, educational and religious centers. Petach Tikvah is also home to a growing hi-tech zone, which is anchored by IBM-Israel.

Haifa-Yokneam-There has always been a small but vibrant Anglo community in the attractive port city, especially near the campuses of Haifa University and Rambam Hospital. In nearby Yokneam, this once somnambulant suburb has come alive with a much touted hi-tech zone and major residential construction that is attracting Anglo families.

Tel Aviv-Singles and young couples alike are attracted to Israel’s version of the “city that never sleeps” because of its vast number of business and cultural opportunities. However, there are some major drawbacks to living and playing in Tel Aviv, including astronomical apartment rental prices and stifling traffic jams.

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