High-Floor City Center Gem – 4.8% Rental Yield Awaits Smart Investors

What if your next investment paid for itself? This sun-drenched 3-room apartment on the 7th floor of an Ashkelon city center building is exactly the kind of asset savvy investors dream about — and rarely find at this price point.

Spanning a generous 87 sqm, the apartment is priced at 1,230,000 NIS (approximately 14,140 NIS/sqm), positioning it competitively within the local market while offering an estimated rental yield of 4.8% — well above many comparable coastal-city alternatives.

The layout is practical and appealing to tenants: three well-proportioned rooms bathed in natural light, complemented by open panoramic views that make every morning feel like a retreat. Comfort is built in, with air conditioning throughout and a solar water heater keeping utility costs low — a genuine selling point for long-term renters.

Ashkelon's city center continues to attract young professionals, students, and families drawn to its walkable urban core, proximity to the beach, and growing commercial scene. Demand for quality rentals here is consistent, making vacancy a rare concern for landlords.

Whether you're building a portfolio from abroad or securing a pied-à-terre on the Israeli coast, this apartment checks every box.

Explore more opportunities like this and connect with local experts at realestate-ashkelon.com.