Here is an article from today’s Arutz 7 regarding new investment in the city of Tzfat.
Northern Israel is one of the most beautiful and pristine areas of Israel and it is the best place to purchase a home when coming on aliyah, or to purchase an investment property that will be sure to return a good income. In Tzfat particularly, where the prices are still very reasonable, the market is about to soar. Homeowners will benefit from increasing property values and investors will benefit from increasing returns on investment expenditures. In nearby Tveria, on the shores of the Lake Kinneret (Sea of Galilee), home owners are already benefiting from an increase in market value. You can still find affordable homes, but this city has experienced the most dramatic increase in property values and prices in all of Israel. All of this is to say— Buy Now! Contact us right away to help you locate the best home or investment purchase you can make, tailored to your needs, with the goal of life-long satisfaction. See our “Hot Properties” page for a sample of the latest listings. See you soon!
Tzvi Ben Gedalyahu
The New York Federation-UJA groups are investing $250,000 in the northern city of Tzfat (Safed) to turn it into an international heritage site.
Tzfat is one of the four traditionally holy cities in Israel, the others being Jerusalem, Hevron and Tiberias.
A 36-person senior Federation-UJA delegation met with Tzfat Mayor Ilan Shohat during a tour of the city and the country.
The new project, prepared by the Reut Institute, is based in part on the unique assets of Tzfat, such as its storied heritage, the Old City, and its new medical school. The project also aspires to encourage business and entrepreneurship throughout different sectors in the city.
“New York’s Jewish community attaches great importance to strengthening the periphery of Israel as part of ensuring its thriving future,” said David Mallach, Managing Director of COJP at the UJA-Federation of New York.
“The new project in Tzfat is an important pilot for us in our efforts to build strong and successful Israeli communities,” he added.
A central part of the new project is its plan to build and renovate community centers around the city. The centers are to be constructed or rebuilt in all six districts of the city and will feature activities in all areas of life for residents of all ages, including arts and crafts, sports, professional training, development and participation in municipal decision-making processes.
The building and renovation of the community centers is expected to begin in 2013.