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The Wine City neighborhood

Overview

The Wine City neighborhood is the newest and most sought-after neighborhood in Ashkelon today. The neighborhood is being built to a modern standard, with advanced planning, parks, new educational institutions, and new infrastructure.

Type of construction

• New buildings (2018–2026)

• Projects by leading contractors

• 3, 4 and 5 room apartments

• Penthouses and garden apartments

Target audience

• Young couples

• Young families

• Housing improvers

• Investors

Price range (2026)

• 3-room apartments: 1.55 – 1.70 million NIS

• 4-room apartments: 1.65 – 1.95 million NIS

• 5-room apartments: 1.90 – 2.30 million NIS

Advantages

New and modern neighborhood

High demand

Potential for value appreciation

Easy to rent

Disadvantages

Still in development

Part of the area is still a construction site

Investment potential

Very high – considered one of the neighborhoods with the highest potential for value appreciation in the city.