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New Developments in Herzliya

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New projects Herzliya — premium Pituah towers, Shikun Vatikim

Herzliya is one of Israel's most expensive cities for new properties, with a doubly segmented market: Herzliya Pituah (premium district with villas and sea-view penthouses) and Herzliya city (Tama 38 and some Pinui-Binui projects). Proximity to the high-tech park (Microsoft, Google, Oracle) and North Tel Aviv supports very strong international demand, particularly from expats and tech executives.

Active developers in Herzliya (Azrieli, Electra, Aura, Aldar, Rotshtein) focus on high-end projects (15-30 story towers with pools, spa, concierge) and urban renewal (Tama 38 with extensions). Specifications are among Israel's most demanding: premium materials, home automation, environmental standards. Deliveries 2024-2028.

Districts with the most active new projects

Herzliya Pituah (waterfront) — coastal luxury: premium sea-view towers, modern villas. Prices: 55,000 to 95,000 ₪/sqm for a new 4-room.

Herzliya city (center) — massive Tama 38, some Pinui-Binui. Prices: 35,000 to 48,000 ₪/sqm.

Shikun Vatikim — historic district under Tama 38 renovation. Prices: 32,000 to 44,000 ₪/sqm.

Neve Amirim — family residential sector, villas and Tama 38. Prices: 38,000 to 52,000 ₪/sqm.

The new property market in Herzliya

For a new 4-room in Herzliya city, expect 2.3 to 3.8 million ₪. In Pituah, prices start at 4 million ₪ and can exceed 15 million ₪ for premium sea-view penthouses. Herzliya Pituah is one of Israel's most expensive real estate markets, direct competitor to North Tel Aviv in the luxury segment. Buyers are mainly international executives, diplomats, and affluent Israelis.

For off-plan purchases, see our complete guide.

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Questions fréquentes sur Herzliya

Two markets. Herzliya city (center, Tama 38): 4-room 2.3 to 3.8 million ₪. Herzliya Pituah (premium waterfront): 4-room 4 to 15 million ₪, villas up to 30 million ₪. Per sqm: 32,000 ₪ (center) to 95,000 ₪ (Pituah penthouse). Among Israel's most expensive markets.

Mainly international executives from tech headquarters (Google, Microsoft, Oracle, Apple Israel), diplomats, affluent Israelis (tech entrepreneurs, professionals), some foreign buyers (oligarchs, Russians, wealthy French). The market is very international, many buyers with non-Israeli capital.

Extremely limited supply (a few hundred waterfront plots), massive international demand (expats, investors), historical prestige (villa district since the 1930s), proximity to high-tech park (25,000+ well-paid jobs), 5 min from North Tel Aviv. Structural scarcity justifies prices.

Yes, Herzliya is one of the Israeli markets most oriented towards foreign buyers. Developers offer files in English, bilingual agencies, specialized lawyers, bank financing possible for non-residents (50% minimum down payment). Many sales are made via power of attorney without the buyer being physically in Israel.

Azrieli, Electra, Aura, Aldar, Rotshtein, Abba Hoshi. Groups specialized in luxury (Azrieli notably with its premium towers). Several flagship projects in Pituah with integrated hotel services (spa, concierge, gyms). Deliveries 2024-2028 for projects under construction.

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