NIS 5 million for a garden apartment in Kiryat Yam: about 75% above the city's average price

In depth

A five-room garden apartment, with an area of 143 square meters and a 172-square-meter garden, was sold for NIS 5 million in the "Shirat HaYam" project by Nativ Group on the first line to the beach in Kiryat Yam. According to Bizportal, it is the most expensive transaction in the city in the past three years. According to Maariv, the price is about 75% higher than the average price per square meter of new apartments in the city.

According to Bizportal, the built-up price per square meter stands at about NIS 35,000, compared with an average of about NIS 20,000 for new apartments in the city. According to Ice, the price stands at NIS 34,000 per square meter.