Tour to Nahariya and Acre

During my lectures, I speak extensively about the possibility for everyone to ensure their family's financial security through real estate investment.
The model we are promoting is investing an education fund to purchase one apartment every six years. This means that with an equity investment of approximately NIS 100,000, one can acquire five apartments after thirty years of work, which will generate about NIS 10,000 per month and ensure family welfare upon retirement.
When I started my activities, it was easy to buy an apartment in the Gush Dan area (Holon and Kiryat Ono in my case) for ₪100,000. Today this is not possible, so I am looking for interesting places where the plan is still possible.
I spent the last week studying two beautiful cities. Each in its own very different way, but both are coastal cities. I invested a lot of time studying two northern cities. Close to each other, but so different from each other. Nahariya and Acre.
Nahariya
Founded in 1935 by immigrants of the Fifth Aliyah from Germany. Today the city has a population of 60,000 residents with a projected growth to 90,000 residents over the next 20 years. The vast majority of construction in Nahariya is low-rise: up to four stories. The topography of the city allows for sea views even from more distant and cheaper apartments. Nahariya is the capital of the Western Galilee, and a large public from the surrounding settlements utilizes various services in the city. The average socioeconomic level of Nahariya residents is high.
Nahariya presents an excellent opportunity for investment with high returns for a limited amount of equity. A sea view or close proximity to the sea may lead to high capital gains in the future, in addition to high rental yields in the present. Another factor contributing to the rise in apartment prices in the city is the limited land reserves available to the Nahariya municipality for future construction.

Acre
A city with approximately 4,000 years of history. The city has about 46,000 residents. One third of them are Arabs (Muslims and Christians) and two thirds are Jews. Similar to Jerusalem and other ancient cities, Acre is divided into an old city and a new city, most of which was established after the establishment of the State of Israel. As a coastal city, the sea is very present throughout the city. In 2001, the Old City of Acre was declared a UNESCO World Heritage Site. In 2008, the Baháʼí Shrine within Acre was declared a World Heritage Site. This made Acre the only city in Israel to be declared a World Heritage Site twice. The UN injects a lot of money into preserving the city. The municipality, for its part, has been investing a lot of money in recent years, and it is quite noticeable that the old blocks from the 1950s are slowly changing their appearance, being painted and renovated (at the expense of the municipality and the residents).
Akko is characterized by the option to purchase an apartment at a low price of around ₪300,000 and achieve a high return on this apartment.
Western Galilee College, located in Acre, is a magnet for students from all over the Galilee. Some rent apartments in Acre, and others in nearby Nahariya (about a 5-10 minute drive or train ride).
In both Acre and Nahariya, I reviewed numerous properties priced up to 400,000 NIS with a return on equity of over 51%.
Both cities have a train station that can take you to Tel Aviv. The train station is a short walk from the residential neighborhoods.
Examples of investment apartments:
Nahariya
Three-room apartment in Nahariya. Price 350,000 ILS. Needs renovation. Expected rent: 1,800 ILS.
Sea view.

Renovated and designer apartment. Furnished with custom-made furniture that remains in the apartment. Asking price: ₪520,000. Rent: ₪2,400 – ₪2,600. Second floor, close to the city center.

3. Three rooms, tidy. Close to the promenade and the mall. ₪520,000. .

Acre
₪425,000. Rent ₪2,000–₪2,200. 7th floor out of 7 with elevator.

Apartment area:

2. Old train building, first line to the sea. 100 meters from the waves. First floor, 3 rooms. 290,000 ILS. Rent 1,700 – 1,800 ILS. Option to renovate the block or urban renewal.

3. Three-room apartment. Second line to the sea but with an open view. Fourth floor out of four with no elevator. 240,000 NIS. Expected rent: 1,600 NIS.