East Rehovot

Leave Details

Available Space

1,000 m ²

Location

Rehovot

Starting from

NIS 149,000

Current Stage

Approved

Available Space

1,000 square meters

Location

Rehovot

Starting from

NIS 149,000 ($47,600)

Current Stage

Approved

Main Data

Total Project

8,400

Housing Units (including 300 special units)

Total Land Area

2,230

Dunams

Optimal Density

Units per Dunam

Employment and Commercial Space

500,000

square meters

Total Project

8,400

Housing Units (including 300 special units)

Optimal Density

Units per Dunam

Total Land Area

2,230

Dunams

Employment and Commercial Space

500,000

square meters

Strategic Location

TML/3003 — Location and Principles:

Situated in Eastern Rehovot, the project is between Highway 40 and the Weizmann Institute, east of Menachem Begin Road. The area includes agricultural fields and two cemeteries. The design will have an orthogonal grid layout based on the historical division of plots and is planned to include an urban avenue along with a system of wide roads connecting the neighborhood to the fields and nature reserve. The current Menachem Begin Road will be allotted as an urban avenue with the existing road being relocated eastward to streamline regional traffic.

Program Components:

The development plan includes approximately 8,400 housing units, including 300 specialized units. There will be a residential mix compromised of 5,400 units in buildings, 6-10 story high, and approximately 3,000 units in mixed-use buildings. The plan allocates 500,000 square meters for employment and commerce areas alongside a campus that will include cultural, educational, and scientific institutions. Also included will be public institutions, open spaces, an extension of an existing cemetery, and a centralized transit station. The plan allows for consolidation and division without the consent of the owners.

Planning Status

Official status

Preferred housing plan for Tamel/3003 (Eastern Streets) with an area of approximately 2,230 dunams

Approximately 8,400 housing units, including approximately 300 special units; average density approximately 28 units per dunam

500,000 square meters for employment and commerce alongside public institutions, commerce and services

Location: Situated in Eastern Rehovot, the project is between Highway 40 and the Weizmann Institute, east of Menachem Begin Road; transforming of agricultural lands and cemeteries into a new residential neighborhood.

Execution Status

Information about the program approval stages was not provided on the source website.

There is no data on approval or implementation schedules.

No stages of implementation or start date of work were mentioned.

The site did not provide information about infrastructure or operational approvals

External Value Drivers

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Significant Housing Supply

The development plan includes approximately 8,400 housing units, including 300 specialized units to provide support for the population growth in Rehovot. There will be a residential mix compromised of 5,400 units in buildings, 6-10 story high, and approximately 3,000 units in mixed-use buildings.

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Minimalist thin black horizontal line with subtle texture on a light grey background.

Mixed-Use Areas for Employment

The plan allocates 500,000 square meters for employment and commerce areas alongside a campus that will include cultural, educational, and scientific institutions. An urban boulevard will be set alongside Menachem Begin Road to promote economic activity and provide jobs for the local residents.

Orthogonal Network and Connectivity

The roads and streets will be set to an orthogonal grid layout based on the route of agricultural plots. Menachem Begin Road will become an urban avenue with the existing road being moved eastward to set up a system of wide roads connecting the neighborhood to the fields and nature reserves.

Green Spaces And Landscapes

Green boulevards, parks and scenic strips will be established and connected to the new neighborhood as well as with the agricultural area, the winter pond, and the watchtower. The western front will also include a park and boulevard and a scenic road will be built to the east.

Preferred Program and Governmental Support

The program is defined as a preferred housing plan at the national level and therefore benefits from government prioritization with the ability to consolidate and divide without the consent of landowners. The procedure also provides planning certainty and reduces regulatory risks.

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Market Context And Dynamics

Demand for Employment and institutions

Demographic growth is creating an increased demand for jobs, commerce, and public institutions. The plan includes a new campus, educational and cultural institutions, and approximately 500,000 square meters of employment and commerce to meet these needs.
מסחר ומוסדות ציבור. התכנית כוללת קמפוס חדש, מוסדות חינוך ותרבות וכ‑500,000 מ״ר של תעסוקה ומסחר כדי לתת מענה לצרכים אלה.

Relatively Young Population

At the end of 2017, 33% of Rehovot residents were aged 0–19 (compared to 36% nationally), a figure indicating a young age profile and a need for apartments and educational institutions.

Accelerated Population Growth

The city of Rehovot had about 138,000 residents at the end of 2017 — an increase of over 30,000 residents in 11 years (3.1% per year compared to 2.1% on the national average).

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ERRA - קרקע בכפר יונה מערב | 2,600 ₪ למ"ר

חשבון קנייה – כמה מ"ר תוכל להשקיע?

הזן את הון העצמי שלך ומחיר למ"ר כדי לראות בדיוק כמה מ"ר תוכל לרכוש

הון עצמי (₪)

מחיר למ"ר (₪)

החישוב כולל עלות עו"ד (₪5,000 + 18% מע"מ = ₪900) ומס רכישה בשיעור 6% מערך הקנייה

עלות עו"ד + מע"מ ₪ 5,900

מס רכישה (6%) ₪ 0

סה"כ עלויות נוספות ₪ 5,900

כמות מ"ר שתוכל לרכוש

מ"ר

פירוט חישוב

הון עצמי: ₪ 0

פחות עלויות: ₪ 0

שווה קנייה נקייה: ₪ 0

Do you need us to make arrangements for you?

Talk with us!

The Israeli real estate market is in continuous momentum and prices continue to rise from moment to moment. Let us match you with the right investment for you.

Thank you!
Our specialist will contact you within 1 hour or the next day.

Working hours: 10:00 - 19:00
Non-working days: Friday, Saturday

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