Eilat Real Estate Guide 2026

Overview

Israel's southernmost city on the Red Sea, a resort destination known for coral reefs, diving, and year-round warm weather. Tax-free shopping zone.

Property Prices

• T0 tier — Average new build: ₪25,000/m²; Average resale: ₪22,000/m²
• T1 tier — Average new build: ₪23,500/m²; Average resale: ₪20,500/m²
• T2 tier — Average new build: ₪22,000/m²; Average resale: ₪19,000/m²
• T3 tier — Average new build: ₪20,500/m²; Average resale: ₪17,500/m²

Rental Yields

• T1 tier: 4.5%
• T2 tier: 4.3%
• T3 tier: 4.0%

Market Outlook

Annual price growth: 4.5% · Forecast: positive · up

Housing Stock

Area: Southern Israel · city · Investment category: emerging · Population: 52,000 · 22,000 apartments · 600 new units/year

Highlights

• Red Sea coral reef marine reserve
• Tax-free shopping zone
• Year-round resort destination
• New Ramon International Airport