Tiberias, or Tveria as it is known in Hebrew, sits on the shores of the beautiful Lake Kinneret (Sea of Galilee), in northern Israel. Surrounded by beauty from every side, this crown jewel of the Galil is fast becoming a favorite destination for new olim seeking to build their new home in Israel. This, combined with the fact that Tveria is the number one tourist destination makes for a city ripe with tremendous potential for real estate investors. Property prices are constantly on the rise, and property values are sure to grow considerably in the years ahead. The government of Israel is investing significant funds to improve infrastructure and attract business development. Now is the best time to purchase your investment property, while the prices are still very affordable, to capture the greatest return on your investment capital.
For instance, consider this apartment listed at a bargain-basement price, only NIS 250,000!! This is a studio apartment, completely refurbished, remodeled and beautifully furnished, in the heart of the city’s commercial district. A short walk across the street will bring you quickly to the shores of the Kinneret, waterfront restaurants, the marina, and a wide choice of water activities, including fishing and swimming. You cannot beat the location! While there is parking, one can easily throw away the keys and get to all the places in the city, as well as all the major points throughout the entire country of Israel, by public transportation. This apartment can be rented out long-term or for an even higher return, will make an excellent vacation apartment, sure to be booked all through the summer. NIS 250,000 will get you in on an outstanding real estate investment in beautiful northern Israel.