For Sale

Apartment for Sale in Ofakim

Nevatim 40, Ofakim, Ofakim

Ofakim Real Estate·4 Rooms for Sale in Ofakim

₪3,690,000

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Property Details

Bedrooms

Bathrooms

Size

462 sqm

Type

Apartment

Description

In the city of Ofakim, in the Park neighborhood, at 40 Nevatim Street, a 5-room villa, 185 sqm built on a 462 sqm plot, single level. Natural gas infrastructure to the house, no gas cylinders. Underfloor heating, gas water heating. 1.2*1.2 Spanish tiling, large master bedroom + walk-in closet + large master bathroom. Teenager's room with shower/toilet. Nano-coated kitchen, luxurious Laminam countertop. Preparation for TV, communication, and sound system in the yard, including electric blinds. Heated 8-person jacuzzi with sound system and outdoor Android screen. Recessed plaster ceilings and lighting, huge open-plan kitchen-dining area-living room. Walk-in closet, laundry room, and custom-made recessed utility cabinets by Hardoor. Spanish tiling in bathrooms up to the ceiling. Electric vehicle charging station. Price: 3,690,000 NIS

Additional Information

Location Scores & Comparisons

How this property compares to other sales in Ofakim and nationally

🚶

Walk ScoreCar-Dependent

4.8/10

Average

City: 4.6/10National: 6.2/10

🛡️

Safety RatingModerate

4.9/10

Average

City: 5.1/10National: 6.3/10

💰

Price per m²Below Average

₪7,987

41% above avg

City: ₪13,502National: ₪21,486

4.8

Walk Score

4.9

Safety

₪7,987

Per m²

School Data

Ministry of Education / RAMA · Ofakim

School Orientation(11 schools)

45%

36%

18%

State Secular: 5 (45%)

State Religious: 4 (36%)

Haredi: 2 (18%)

RAMA Test Scores (City Average)

English

463

Low

Hebrew

538

Average

Math

500

Below Avg

Science

545

Good

National average ≈ 530. Scores above 550 are considered strong.

Violence Index

9.6(Moderate)

Teacher Satisfaction

89%(Very High)

Student Satisfaction

69%(Moderate)

Teaching Quality

60%(Low)

Socio-Economic Status

2.7/10

Source: Israel Ministry of Education, RAMA (National Authority for Measurement and Evaluation). Data reflects city-level averages from the latest available school year.

valuation.title

valuation.subtitle

valuation.aboveMarket

₪3,262,000

valuation.range: ₪3,099,000 — ₪3,425,000

valuation.listPrice

₪3,690,000

-11.6%(₪428,000)

valuation.aboveMarketSub

valuation.confidence

Medium

62/100

valuation.comparables

valuation.avg ₪3,110/sqm

valuation.yoyGrowth

N/A

valuation.district

valuation.estRent

₪14,554

valuation.yield: 5.4%

valuation.luxuryLarge Size (150+ sqm) · Multiple Parking Spots

Neighborhood Map & Amenities

Price History

Local Market Trend

District — CBS Housing Price Index

₪1,562,825

Estimated avg. dwelling price(Index: 581.5)

₪15,628 per m²(Avg. m²)

Est. Rent: ₪3,029/mo

Gross Yield: 2.3%(annual rent / price)

+0.3% MoM

-1.2% YoY

Sep 2025Feb 2026

₪Rental Income vs. Mortgage — This Listing

Est. monthly rent

₪13,994/mo

Est. mortgage

₪15,383/mo

Annual rental income

₪167,928/yr

Gross Yield

4.6%

↓ Negative cashflow: -₪1,389/mo

Based on 75% LTV, 4.5% rate, 25yr term, 462 m² property

Housing prices in the District are trending upward. Over the past year, prices have decreased by 1.2%.

View Full Market Trends Dashboard →

Source: Israel Central Bureau of Statistics (CBS) · Updated periodically

Mortgage Calculator

Property Price

₪3,690,000

Down Payment20%

Loan Amount (₪)

Interest Rate4.50%

Loan Term25 years

Monthly Payment₪16,408

Total Interest

₪1,970,452

Total Payment

₪4,922,452

Over 25 years, you will pay ₪1,970,452 in interest.

Purchase Tax Calculator

Calculate Israeli real estate purchase taxes and fees

Property Price (NIS)

Buyer Type

Israeli resident purchasing their first or only home (Dira Yechida). Lowest tax brackets apply.

Property Price₪3,690,000

Mas Rechisha Bracket Breakdown

₪0 – ₪1,978,745 @ 0.0%₪0 (exempt)

₪1,978,745 – ₪2,347,040 @ 3.5%₪12,890.325

₪2,347,040 – ₪3,690,000 @ 5.0%₪67,148

Transfer Tax (Mas Rechisha) (2.17% effective)₪80,038.325

Agency Commission (2.5%)₪92,250

Lawyer Fees (1.2%)₪44,280

Registration Fees (0.7%)₪25,830

Total Costs₪242,398.325

Property Stats

Listed4/18/2026

Recommended Professionals in This Area

Trusted professionals serving this area

Emile Perez

Agent

Lenovo

10 years

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