Netanya Israel Real Estate
                     Netanya Israel Real 
Estate
Netanya is a city in Israel, located on the Israeli Mediterranean 
coastline. It lies around 35 miles (56 km) north of Tel Aviv and is within 
the Haifa District of the country. The city's current population stands at 
194,  families and is growing mainly due to large numbers of 
immigrants who have moved there from former Soviet states such as 
Russia, Ukraine, and Belarus.
The area was first developed as a private garden suburb during the 
1920s by Pinhas Rutenberg, founder of a Jewish electrical company 
now known as "Astra". He also built a pier that served mainly shipping 
Jews headed for other parts of Palestine. Just before the establishment 
of Israel in 1948, it had a population of 750. However, with most 
crossings blocked at this time, few of these Jews succeeded in 
reaching Israel.
The town became part of the modern state of Israel when it was 
founded in 1948 following the withdrawal of British troops from 
Palestine. It functioned briefly as the administrative center for nearby 
Yad Hanna before that village's establishment.
Since then, Netanya has grown dramatically due to mass immigration 
and has become a large urban settlement. The city is now governed by 
an elected municipal council whose members are representatives of 
various Zionist political parties.
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Four smaller neighborhoods were not included in the municipal 
boundaries: These are Tirza (pop 5,000), Ora (pop 2,000), Kfar 
HaHoresh (now absorbed into Ora; pop 1,000), and Neve Yarak (pop 
1,000). The total population of the metropolitan area is estimated at 
300,000.
The city's main industry used to be tourism, with visitors coming to 
enjoy its beaches and nightlife. However, with the outbreak of violence 
in 2000, tourism declined dramatically.
In its place, the city has developed a strong hi-tech sector which now 
accounts for around 25% of its GDP. Major companies such as Intel and 
IBM have established development centers in the city, drawn by its 
favorable business environment and well-educated workforce.
Despite this growth, Netanya still faces some significant challenges. 
Traffic congestion is a major problem due to the city's growing 
population and lack of public transportation infrastructure. The city 
also suffers from high levels of poverty, with around one-third of the 
population living below the poverty line.
Nevertheless, Netanya is a lively and vibrant city that continues to 
attract new residents and businesses. If you're interested in investing 
in Israeli real estate, it's a good place to start. Prices are still relatively 
low compared to Tel Aviv and Jerusalem, and there's plenty of 
development potential due to the city's growing population. So if 
you're looking for a property investment opportunity, Netanya should 
be at the top of your list.