Tel Aviv

Why Tel Aviv Real Estate?

©iStockphoto.com/Dmitry Pistrov

HISTORY & COMMUNITY

Tel Aviv, the first Hebrew city in modern times, was founded in 1909 and built on the sand dunes north of the ancient port city of Jaffa. Since its inception, Tel Aviv, Israel’s second largest city, has transformed into the country’s financial capital and a center for business, technology and the performing arts.

In recent years, Tel Aviv attained its name as the “Mediterranean city that never sleeps” and others have framed it as the “Mediterranean’s new capital of cool”.The city stretches along an array of beach fronts and waterfront hotels offering modern and upscale restaurants, design bars and cafes serving locals and international visitors at any time of the day and night every day of the week. In 2003 UNESCO declared  Tel Aviv as “The White City” and for the unique, historical Bauhaus architecture in the heart of the city to be a World Heritage site.

Tel Aviv has become a very popular destination for domestic and overseas visitors attracted by the cosmopolitan lifestyle and yet middle eastern mixture of cultures. The city has seen a number of waves of immigration throughout the years forming a multicultural melting pot, where many languages are spoken within its borders, alongside Hebrew, including Russian, French, English, Spanish, German, Thai, and Arabic.

The city core has a population of 391,300 but the metropolitan area of Tel Aviv including neighboring areas and suburbs count over 3 million inhabitants. Tel Aviv has an image of a secular city, but in recent years it is more and more becoming home to a mixed religious population from conservative to reform with synagogues of every denomination. This trend has been influenced by the growing influx seen since the last 1990′s of young orthodox immigrants mainly from Europe, in particular from France, but also the US wanting to settle or have a second home in tel Aviv, the metropolitan city near the sea.

©iStockphoto.com/Dmitriy Kazachenko

EMPLOYMENT

Tel Aviv is the business and commercial capital of Israel and is home to the Tel Aviv Stock Exchange. The city is a huge employment and production center and was recently named one of the ten high-tech capitals of the world and is often referred as the Silicon Valley of Israel. In recent years, Israel’s excellence in innovation and technology is luring many international venture-capital firms, investment banks, scientific institutes and high-tech companies to open representative offices in the city.

TRANSPORTATION

Tel Aviv is a major transportation point offering a good public transportation system with trains and buses running across the city, as well as connecting commuters to neighboring areas and suburbs, and travelers to the south and the north of the country.

Tel Aviv has four main train stations and two main bus stations. Ben Gurion International Airport located 20 minutes outside from Tel Aviv and about 30 minutes from Jerusalem is the country’s main international airport. The Sde Dov Airport is Tel Aviv’s domestic airport situated in the northwest part of the city mainly providing hourly flights to the popular holiday resort of Eilat at the southern tip of the country.

LINKS

Tel Aviv municipality:  www.tel-aviv.gov.il

Tel Aviv tourism website: www.visit-tlv.com

Ulpan Gordon website: http://ulpangordon.com

Minyan Ichud Olam: www.ichudolam.com (modern orthodox community)

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