Investment Property in Ashdod

Investment Real Estate in Ashdod

Investment Property in Ashdod
Investment Property in Ashdod

Ashdod property investment can be a worthwhile venture if you are selective with the areas you choose to invest in. If not, you could find that your investment suffers due to low rental yields, dwindling demand, and slow property price growth in many parts of Ashdod.

Search Map of Ashdod Investment Real Estate

Ashdod (Hebrew: אַשְׁדּוֹד ʾašdōḏ; Arabic: أسدود or إسدود ʾisdūd or ʾasdūd Arabic pronunciation: [ʔɪ, ʔa-sˈduːd]; Philistine: 𐤀𐤔𐤃𐤃 *ʾašdūd) is the sixth-largest city in Israel. Located in the country’s Southern District, it lies on the Mediterranean coast 32 kilometres (20 miles) south of Tel Aviv and 20 km (12 mi) north of Ashkelon.

The historical town of Ashdod, c.6 km southeast of the center of the modern town, dating to the 17th century BCE, was one of the five Philistine city-states. The coastal site of Ashdod-Yam, today southwest of the modern city, was a separate city for most of its history.

Modern Ashdod was established in 1956 on the sand hills 6km northeast of the historical Ashdod, then known as Isdud, a Palestinian town which had been depopulated in 1948. It was incorporated as a city in 1968, with a land-area of approximately 60 square kilometres (23 sq mi). Being a planned city, expansion followed a main development plan, which facilitated traffic and prevented air pollution in the residential areas, despite population growth. According to the Israel Central Bureau of Statistics, Ashdod had a population of 225,939 in 2019, with an area of 47,242 dunams (47.242 km2; 18.240 sq mi).

Ashdod is today a major Israeli city, and contains the largest port in Israel accounting for 60% of the country’s imported goods. Ashdod today is home to the largest Moroccan and Karaite Jewish communities in Israel, and to the largest Georgian Jewish community in the world. It is also an important regional industrial center.

Get Our Latest List of Investment Property in Ashdod

The financial stability of Ashdod has translated into a real estate market that rewards forward planning and a willingness to look beyond areas of traditional affluence.

 

Buy to Rent in Ashdod

 

Renting out your Ashdod buy-to-rent investment property can grow wealth and income.

 

Whatever your goals with investment property in Ashdodare – preparation is key:

 

  • Set goals based on how much rental yield will be required and the local rental yield rates in Ashdod and be prepared to change your initial outlook.
  • Thoroughly research the Ashdod location with a special emphasis on fringe areas outside the main Ashdod metropolis that may be valued lower than their better-known neighbours. Rental yields of around 5% are still attainable in certain areas of Ashdod.
  • Ensure that your target investment property in Ashdod appeals to professionals. This is a demographic that ensures maximum income and low voids.
  • Finding and vetting suitable tenants is a job ideally left to the professionals. Working with an established letting agent with local knowledge and experience of property legislation will give you the best chance of success.

Flipping Investment Property in Ashdod

Flipping property in Ashdod

 

Flipping property is when we advise clients to buy a Ashdod property below market value, renovate it and then make a profit by selling it at a higher price, all within a few months, and often before the Ashdod market has a time to react to the renovation.

 

The Flipping Strategy in Ashdod

 

Investment property flipping in Ashdod is a simple strategy. You find a property that is in need of renovation from our list and purchase it for a low price. These type of Ashdod real estate investments are sometimes referred to by professionals as ‘distressed’ Ashdod real estate.

 

What is distressed Ashdod property:

 

  • Ashdod property in need of renovation
  • Ashdod real estate with a change of puropose and use
  • Oversold Ashdod property
  • Bank repossessions in Ashdod

 

Put simply, long term investors in Ashdod purchase the property, renovate it and make it a lot more attractive to potential buyers.

 

Calculate profit that you make from Ashdod investment property flipping:

 

Final Selling Price less Cost of Purchase less Costs = Profit

Here is an example:

Ashdod property purchase price: $220,000

Renovation costs: $20,000

Other costs: $25,000

Property sale price: $400,000

Profit: $135,000

 

Experienced property developers in Ashdod use a minimum profit value of 22% when looking at potential Ashdod projects. The reason for this is because there are lots that can go wrong in Ashdod property flipping and working on a potential margin of 22% should still leave a good margin of error.

 

Property Secured Investments is a Private Equity fund that invests in Ashdod and many other towns and cities across Europe. The fund is only available to Sophisticated Investors and closed to United States Citizens. While this is not an offer or promotion of the fund, more information can be found at the website

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