Mamad

Apartments without protected spaces have become the default choice for tenants unable to afford higher rents. In some cities, the price gap has peaked since the start of the war. A report by the Yad2 website highlights the growing disparity in the secondary housing market.

Prices for new apartments are higher than for second-hand ones, mainly due to the presence of a MAMAD (protected space). In some settlements, prices are almost half the national average. Where can you buy apartments at this price and where can you find a 3-room apartment for less than a million?

The public is torn between a spacious apartment with a MAMAD on the periphery and a small apartment in the big city. How much does a small apartment in a major city cost, and transactions in Holon and Bat Yam show that it is possible to purchase apartments without a MAMAD for less than 2 million shekels.

Firefighters focused their efforts on extinguishing the source of the fire in the apartment and ventilating the heavy smoke that had accumulated on the building's floors, in full cooperation with the police and medical services. There were no casualties, but significant damage was caused, and the teams are continuing final extinguishing operations before concluding their activity at the scene.

Housing prices in the south remain relatively low, but there are towns closer to the center where you can find apartments with a MAMAD for 1 to 1.5 million shekels. Also: where to find a 3-room apartment for around a million shekels.

New apartments in some cities are expensive, and those willing to settle for an apartment without a mamad can find bargains - apartments priced from 500 thousand to a million shekels. Where was a 5-room apartment sold for 1.1 million shekels, and how much does an apartment with a mamad and parking cost in Ramle?

A study by BYNDbiz reveals that since October 2023, the price per square meter for older apartments without a Mamad rose by 11.2%, compared to only 2.6% for protected apartments.

Purchasing an apartment in the center of Israel is challenging, but moving outside the Tel Aviv-Ramat Gan-Givatayim circle reveals more affordable options. Recent deals in Lod and Ramle show apartments with protected rooms (MAMAD) selling for under 1.9 million shekels.

A new study by real estate appraiser Dr. Asaf Gastfreund examined the value of apartments with and without a MAMAD in a Haifa neighborhood — a city where 77% of apartments are not protected. The results are surprising.