Nof HaYarkon Complex, Hod HaSharon

Hod HaSharon – Nof HaYarkon Complex – Plan 423-1203314

Nof HaYarkon Complex – The Ideal Investment Potential

The Approved Master Plan

On April 27, 2022, the master plan for the entire city of Hod HaSharon, Har/2050, which includes the Nof HaYarkon complex, was approved. This plan represents a significant step in the city's development, offering extensive new construction of housing units and employment complexes.

Detailed Plan for the Nof HaYarkon Complex in Hod HaSharon

On May 8, 2024, the detailed plan for the Nof HaYarkon complex entered the threshold condition examination phase. The plan includes the construction of 9,000 housing units, of which 2,300 will be allocated for long-term rental housing and another 700 units for special housing. In addition, the plan offers employment and commercial spaces on a scale of approximately 180,000 square meters over a total area of approximately 1,400 dunams (approx. 345 acres).

The area also includes city park spaces, providing additional green spaces for the complex's residents. Detailed Plan No. 423-1203314 is intended to develop a mixed-use residential neighborhood in southern Hod HaSharon, which includes a national park and an urban park. The significant development of this area is expected to lead to a significant appreciation in property values, creating an especially attractive investment opportunity.

Nof HaYarkon Complex Plan Initiator: 

The Government Company "Dira LeHaskir" (Apartment for Rent)

Hod HaSharon – The Real Estate Pearl in the Center of the Country The city of Hod HaSharon is considered one of the most sought-after cities in the State of Israel. Its successful location in the Sharon area, just 15-20 minutes from Tel Aviv and close to major traffic arteries, makes the city a perfect combination of dynamic city life alongside a suburban atmosphere and accessibility.

In recent years, the city of Hod HaSharon has offered many diverse investment opportunities such as investment apartments, agricultural land, land zoned for construction, land available for construction, business, employment and commercial complexes, and more. Over the years, real estate values in Hod HaSharon have recorded a significant increase, making it a particularly attractive destination for investors.

Nof HaYarkon Complex – From Plan Har/400 to Plan Har/2050 in Hod HaSharon:

With housing prices rising to new levels that are unaffordable for a large part of the residents, purchasing land for investment has become the most effective substitute for obtaining an apartment—in some cases, at half the price of a built apartment, resulting in huge savings in purchase tax as well. Many investors have already enjoyed the rezoning (thawing) of lands in Hod HaSharon and the subsequent construction of apartments.

Examples of this can be seen in the Tzirei HaChinuch neighborhood and Neighborhood 1200. Today, there are several new complexes in planning for residential neighborhoods, mixed-use, and employment. One of the most prominent among them is the Nof HaYarkon complex, which went through several iterations throughout its planning process, including Plan Har 400, Plan TAMA/1/48, the approved Master Plan Har 2050, and currently the detailed plan, Plan No. 423-1203314.

Advantages of the City of Hod HaSharon and the Nof HaYarkon Complex:

• Excellent Education System: One of the significant advantages of Hod HaSharon is its excellent education system. The city operates high-level schools and kindergartens, attracting many families looking for a quality living environment for their children.

• Extensive Green Spaces: Hod HaSharon excels in its many green spaces and public parks that offer residents a high quality of life. The promenade along the Yarkon River and other parks such as Arba'at HaOnot Park (Four Seasons Park) and HaNahal Park provide spaces for walks, sports, and family entertainment.

• Accessibility to Major Transportation Infrastructure: The city enjoys excellent accessibility to major traffic arteries, which facilitates travel to central cities like Tel Aviv, Petah Tikva, Herzliya, and Kfar Saba. In addition, the local train station and the developed bus system contribute to high accessibility to all parts of the country.

• Employment and High-Tech: Hod HaSharon is close to the large high-tech centers of the Sharon region, which attracts a high-quality and established population. Many high-tech companies choose to locate their offices in the area, contributing to an increase in property values and generating constant demand for real estate in the city.

  
  

As we have already noted, the amount of private land in Israel constitutes only about 7% of all lands in the country, a fact that makes private land a valuable commodity with growing demand and dwindling supply. Purchasing agricultural land in Hod HaSharon that is in the process of rezoning has a very high profit potential, and upon reaching the apartment stage, you can earn hundreds of percent on equity and save hundreds of thousands and even millions of Shekels.

Another option is to realize the land (sell) in the pre-construction stages and enjoy an estimated average profit of 15-20% per year on equity as the planning processes progress.

In Conclusion: Investing in the Nof HaYarkon complex in Hod HaSharon offers significant betterment potential, along with a high quality of life and accessibility to the center of the country. Development plans promise growth and growing demand for real estate in the area. This is an excellent opportunity for investors to enjoy a secure and yielding investment, with a promising long-term growth horizon.