Southern Israel real estate surges as investors eye economic and Zionist opportunity

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Title : Southern Israel real estate surges as investors eye economic and Zionist opportunity
Link : Southern Israel real estate surges as investors eye economic and Zionist opportunity

While Israel’s real estate market overall cooled in 2024 due to soaring interest rates, labor shortages, and inflation, an unexpected boom has taken place in the country’s south. Cities such as Beersheba, Dimona, and Yeruham have experienced sharp increases in home values and renewed investor interest, both from within Israel and abroad. According to data from the real estate platform Madlan, home prices in Beersheba rose by more than 15% last year, while Dimona saw an even more dramatic increase of nearly 19%.

These jumps are especially significant considering that nationwide, new housing starts dropped significantly in the wake of the October 7 war and economic uncertainty. Real estate entrepreneur Ester Ben David, who specializes in guiding investors toward opportunities in Israel’s southern region, said the combination of relatively low property prices and high demand is drawing buyers. “Despite recent price hikes, properties in the South are still far more affordable than those in central Israel,” she said.

“We’re seeing serious interest from investors and families alike who are looking to combine strong returns with national purpose.” For many Israelis, investing in the South is not only a financial decision but also a statement of values. The Negev and southern periphery—long the focus of David Ben-Gurion’s vision for national development—are being revitalized through a mix of government incentives and grassroots energy.“ The South is becoming the most desirable destination for investment in the country,” Ben David said. “There’s a new awareness that this is where the next chapter of Israeli growth is unfolding.” (Read more)