Almog Eilat Project

One of the quietest places in the Eilat, just a few meters from the Ben Gurion University campus in Eilat, is a unique residential complex that is unparalleled in Israel! Almog Eilat Project is a residential complex designed to provide the great demand for housing for hotel workers and the tourist industry and the students of University in Eilat.

This innovative residential center provides a quality residential environment for more than 1500 young people (yes – you read it right and fifteen hundred) and the hand is still on the rise. This is the largest residential complex in Israel for rent. The complex is maintained and managed at some of the best and most professional levels in Israel and is highly regarded by hotel managements, Ben Gurion University and real estate experts all over the country.

The complex is secured 24 hours a day and enjoys the best safety and security facilities in Eilat and Israel.

The Almog Eilat project is built as a neighborhood comprised of several residential buildings. Each building has charming and fully furnished studio apartments. The residents of Almog Eilat have a rich recreation center that includes a swimming pool, fitness club, mini market, coffee shop and night pub.

The hotel industry in Eilat received the site with love and joined it. The city’s largest hotels rented hundreds of housing units for long periods. Moreover, many workers are conditioned on their work at hotels in the Almog compound in Eilat, which has become popular and popular among the young workers in the industry and students in the city of Eilat.

The apartments are sold to investors for a guaranteed yield for a number of years, 10 years or more. In other words, these are various apartments on the order of NIS 600,000, for which the investor will receive rental of NIS 2,000 a month or more (the lease is gradual and increases over the years, see example contract attached below).

* Important Information!! The rent that the investor will receive is net, meaning: – Exempt from management / holding fees – exempt from payment for insurance – exempt from depreciation, renovation or other things.