New Developments in Ashkelon

Ashkelon has experienced a new construction boom since 2016, with large urban extensions (Agamim, Barnea-North) and numerous Pinui-Binui projects in old neighborhoods. The city benefits from one of the lowest Arnona rates on the coast and dynamic demographics, attracting major Israeli developers (Shikun u'Binui, Azorim, B.Yair, Aura). New property prices remain 20 to 30% lower than neighboring Ashdod, for equivalent construction quality.

Buying new in Ashkelon provides access to modern apartments with all current standards: mamad, parking, elevator, air conditioning, large terraces. Recent deliveries (2023-2026) mainly concern the Agamim neighborhood (10,000 new housing units planned) and the Marina area. All projects benefit from the Mahir LaDayar Law.

Neighborhoods with the most active new projects

Agamim — northeast extension of Ashkelon, new neighborhood of 10,000 housing units, 10-20 story towers, parks, schools, shopping center. Prices: 24,000 to 32,000 ₪/m² for a new 4-room apartment.

Marina and seafront — premium projects with sea view, ongoing Pinui-Binui. Prices: 28,000 to 40,000 ₪/m².

Barnea-North — family residential extension, deliveries 2024-2027. Prices: 22,000 to 28,000 ₪/m².

Afridar — Tama 38 and some new projects in the historic residential neighborhood. Prices: 26,000 to 34,000 ₪/m².

The new construction market in Ashkelon

For a new 4-room apartment in Ashkelon, expect 850,000 ₪ (peripheral Agamim) to 1.8 million ₪ (Marina sea view). The city offers the best value for money for new construction on the central-south coast. The municipality is investing heavily in infrastructure (roads, schools, transport) to support the new extensions. Standard staged payment: 20% at signing, 80% at delivery.

For specifics on off-plan purchases, see our guide to buying new in Israel.