Mordot Tzfoniyim: 221 target-price units and 55 on the open market, in planning

A project in planning is not a project where you can buy an apartment tomorrow. It is something else: an indication of where the developer intends to go, and by which route.

Mordot Tzfoniyim in Nof HaGalil is a project in planning, with a mix of 221 target-price housing units and 55 open-market units.

What the mix says

When four in every five units are marketed through a subsidised track, the project leans on a tender and on conditions set outside the developer: marketing dates, price ceilings and eligibility criteria. The open-market units are the share where the developer sets the terms itself.

For a prospective buyer that means two things: first, the programme is not the developer's alone; second, eligibility for the subsidised track is the first question, ahead of any question about finishes or layout.

The city it is being planned in

Nof HaGalil is the company's home, with its offices at 9 HaGiv'a Street. In that same city the company also has a project already occupied — Dira LeHaskir, with 177 long-term rental units and 49 on the open market. Details in the article on Dira LeHaskir.

The combination of an occupied project and a project in planning in one city is a datum about presence: the local authority, the infrastructure and the ground conditions are known to the developer from execution, not from drawings.

What to do with a project in planning

1. Check eligibility for the subsidised track before anything else — that is the question that decides whether the project is relevant at all.
2. Register for updates rather than relying on dates heard in conversation; in subsidised tracks the dates are published officially.
3. Check the developer now, not in a year. The seven public checks can be done today: see the article on checking a contractor.
4. Budget purchase tax according to your classification — single or additional apartment. See the article on purchase tax.
5. Pay nothing before there is a contract, a specification and a security. See the article on securing a buyer's funds.

The status of every project the company has — under construction, completed, occupied or in planning — is on the projects page, and updates on a specific project can be requested through the contact page.