Luxury Homes in Green: Gardens and Parks (in the city)
The first impressions of Israel people
remember is “the green”. It surprises Europeans and
Americans, who come from wet climate, to see so much green foliage in
a semi-arid environment. Israel's history explains the obsession with
making the land green. So today, one of the luxuries in living is
having a private garden or living close to a public garden. The
ultimate luxury is a private garden, no matter how small. From a few
large pots on a balcony to a piece of land enough for one large fruit
tree. All the way to living at the edge of a public garden (similar
to American obsession of building at the edge of a private golf
course.)
Luxury properties in Israel are not
measured strictly by the property build and design cost. The location and
surrounding area are also a component in luxury value. Sometimes the two go
together. Yet, in some situations, a small or old property can have a
high value by offering a great (i.e. green) location. A small-old two
bedroom apartment on Yehoshua park (Ha'Yarkon) in north Tel Aviv, is
more valuable than a bigger one on a quiet street in just a few streets away. A first floor apartment with a private
garden can be more desirable than one on the fourth floor (in most
central Israel cities.) Sometimes, private gardens are used by kindergarten or after school businesses. This use makes sense
in terms of higher value. Yet, other properties simply offer a small
private green spot to sit at an end of the day. Just below a private
garden come large green balconies. In large apartments, especially in
new buildings, large balconies are turned into small gardens with
large pots for trees and bushes. Today there are even new
construction designed with strong built-in pots and drip irrigation or even shared
building “hanging gardens”. These are less common,
yet still add value to a property.
Next in the value hierarchy to a private green area are
public and community parks. Apartments and small homes next to public
parks also have high value to residents, it's not "just yours" but at least it's green. Public parks, usually means
quiet areas and well maintained green views. In better neighborhoods,
new construction usually also includes green areas in between high
rise construction. In older neighborhoods, mostly surrounding Tel
Aviv proper (Ramat Gan, Givatay'im, Hetzeliya, Petach Tivka), dense
apartment construction also included green areas between apartment
blocks and even between buildings. For the most part, these areas are
maintained in good shape only in the better towns and neighborhoods.
Last come small private homes in
agricultural villages (moshavim) and kibbutzims (collective
settlements). These have been alternatives to living in cities which
have standard commercial and community services (i.e shops, schools,
and clinics). Agricultural communities can be in close proximity to
cities but usually do not offer any commercial or community services.
This means traveling by car for everything from school to medical
appointments. This class of properties offers green private gardens
and proximity to agricultural areas. Don't be surprised to live next
to a peanut field or to hear a rooster crowing at first light. But
the distance from daily needs takes away from the desirability and
the value of these properties. Here you will find a unique (some say
strange) blend if residents which value quiet green surroundings
above daily creature comforts. Although, families seeking green
living with less money also make the trade-off between green
surroundings and daily services convenience.
So if you come to Israel and want to invest in a luxury apartment, don't forget the “green
factor”. You can have fine urban living with a small yard
and your own fruit tree. This is something unique to the Israeli
living culture: combining American suburbia calm and central Paris plush. The
green factor can also indicate the quality of an apartment, sometimes
hinting at luxury construction and finish. Getting a feel of how
luxury value goes with proximity to green spaces is not difficult,
examples of specific properties (will be given in the future) is
helpful to the uninitiated.
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