Demolish-and-Rebuild in Kiryat Yovel — A Guide for Residents 2026 | Real Estate News | | חדשות נדל"ן | מרכז הנכסים

Demolish-and-Rebuild in Kiryat Yovel 2026

Kiryat Yovel was primarily built in the 1950s-70s, and many buildings are ripe for renewal. Active and planned demolish-and-rebuild projects are underway at several points in the neighborhood, creating opportunities for both residents and investors.

Active Projects

• Beit Hakerem Street — New towers under approval
• Hebrew Brigade Area — Advanced planning
• King Solomon Street — Licensing procedures

What Do Residents Get?

• A new, larger apartment (usually +20-25 sqm)
• Balcony, storage, and underground parking
• Full rent for the entire construction period (3-5 years)
• Full exemption from capital-gains tax

How to Join the Project?

First, check if your building is included in the plan. Second, organize with neighbors to choose representation. Third, issue a tender among developers. The Property Center can advise at any stage — free consultation ☎️