Vivere in IsraeleIyna Bort Caruso
The beachfront district of Herzliya Pituach is one of Israel’s most affluent areas. Herzliya is named after Theodor Herzl, founder of modern Zionism. The area, in the northern section of Tel Aviv, is both informal and international.
Herzliya Pituach is home to the diplomatic corps and the country’s top earners including captains of Israel’s high tech industry.
Development has momentum. The luxury villas and ranches of Herzliya Pituach have been experiencing increased activity from foreign investors, new immigrants and vacationers ready to put down roots. Yachts are docked at the Herzliya marina, one of the country’s largest and a leading tourist destination for its entertainment offerings. Estates on larger plots with proximity to the Mediterranean seafront fetch the highest prices, as do parcels zoned for low density.
While the private sector dominates development, the vast majority of land in Israel is owned by the state, which is generally leased out in a renewable term of 49 years.
Herzliya Pituach is within easy proximity to Tel Aviv, Israel’s second largest city.