The Israel real estate market is booming. Everyone knows this. Prices continue to climb, but you can still capture some very good investment bargains in northern cities, such as Tiberias.
If you are looking to purchase a property that will perform well as a vacation home (or long-term rental), then the best location is as close to the Kinneret as you can find. These new apartments are located just across the street. Other than on the shore itself, you cannot get any closer. And, there is no private living on the shore of the Kinneret (Sea of Galilee), so this is prime real estate. These apartments are flying like hotcakes, as savvy overseas investors see the great potential for personal use and good investment returns from rental income.
Prices range from 350,000 shekels to 460,000 shekels and depend upon location, upgrades, if furnished or not, number of rooms (2 or 3), and if a parking spot is included. But don’t delay. These will be gone soon.