Southern District
Eilat
Israel's Red Sea resort city, a tourism-driven economy with a distinct property market: holiday apartments, short-term rental and hotel-adjacent stock, plus a residential city serving local employment.
Overview
Real-estate market
Average price per m²
AI estimate26,000 ₪
Nadlan AI estimate — city-wide order of magnitude, not a transaction price
Population
Official52,000
CBS, latest published municipal population (rounded)
Investment score
AI estimate66 / 100
Family score
AI estimate62 / 100
Transport score
AI estimate55 / 100
Gross rental yield
AI estimate4.2%
Resale potential
AI estimate62 / 100
Estimated buying costs
Simulation for a 85 m² unit at the median price (2,210,000 ₪), Israeli resident, primary residence.
Average price per m²
2,210,000 ₪
Total entry costs
65,233 ₪
Effective acquisition-tax rate
Official0.37%
Indicative estimate — every case must be validated by a lawyer.
Pros / Cons
- · Short-term rental demand tied to year-round tourism
- · Specific local tax and customs status distinguishes Eilat from the rest of Israel
- · Tourism-cycle exposure: occupancy and prices react quickly to travel disruption
Frequently asked questions
Is Eilat a good short-term rental investment?›
It is one of the few Israeli markets where short-term rental is the core thesis, but returns depend on occupancy through the tourism cycle and on management costs. Model a downside season before buying.
Can I live there year-round?›
Yes — Eilat is a functioning city with schools and services, but the local job market is concentrated in tourism and logistics, and it is far from the country's main metropolitan areas.
Nearby cities
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David
Your Eilat project, analysed live
Budget, district, taxation, financing: describe your real situation and David builds the answer for Eilat, with its sources.