New Developments in Kiryat gat
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Questions fréquentes sur Kiryat gat
For a new 4-room apartment in Kiryat Gat, 850,000 ₪ to 1.3 million ₪. Per sqm: 16,000 to 24,000 ₪. Among the most affordable new developments in Israel. Carmei Gat (new neighborhood) is the most dynamic area. Excellent for rental investment with 5-6% gross yield.
Intel employs 12,000+ people there (Fab 28 + Fab 38), with planned expansion. Tech salaries create structural and sustainable rental demand. Direct train station to Tel Aviv (45 min). Very low acquisition prices. Rental yield 5-6%, one of the best in Israel. Expected capital gains 5-10% per year over 5-10 years.
Y.H. Dimri (very present in the south), Aura, Shikun u'Binui, Rotshtein, Ashdar. Projects of 150 to 400 units, mainly in Carmei Gat. Deliveries 2024-2028. Competition between developers keeps prices competitive despite growing demand.
Yes, direct train station to Tel Aviv (45 min) and Beer Sheva (30 min). Route 6 at 5 min. Route 35 to Ashkelon. A railway hub of the south-center. For executives who work in Tel Aviv but seek low prices, Kiryat Gat is a very relevant option.
Yes structurally: Intel plans to invest an additional $25 billion in Fab 38 by 2030. The industrial park is expanding. Other tech companies are following (StarkWare, Teva). Demand for quality housing for executives and engineers is set to grow sustainably. Risk: a global tech downturn could temporarily weaken demand.
