Cochav Hatzafon, a quiet residential neighborhood in the north-western part of Tel Aviv

is the closest neighborhood to the "old north" of Tel Aviv. Located across from Hayarkon Park and overlooking the sea, just a few minutes walk from the beach and with maximum proximity to central Tel Aviv's recreation areas and to the intercity roads. This is what makes Cochav Hatzafon so special, both its proximity to the busy city center and the quality of life a residential neighborhood has to offer.

 

Cochav Hatzafon was built during the 90's to a high standard with groomed gardens,

marble coated buildings, underground parking, and storage units for most of the apartments.

 

Due to this, there are fewer and fewer lands to build on in the neighborhood and the prices of the existing apartments for sale in Cochav Hatzafon are rapidly increasing.

 

4 bedroom apartments are being sold today (June 2010)

for an average of 3 Million NIS, and 3 bedroom apartments for sale in Cochav Hatzafon are sold for approximately 2.4 Million NIS. Apartments under 3 bedrooms are very hard to find in the area.

 

During the last few years purchase groups have discovered Cochav Hatzafon and the groups'

apartments' prices are indeed slightly cheaper. However, one should keep in mind that the price isn't final and changes could be made. In addition, it is important to note that from the moment the purchase is being made till you actually receive the apartment in a live-in condition, 3 to 4 years can pass, which means that one should also include in the price 3-4 years of rental fees.

 

Today, there is no public building in the neighborhood, such as:

schools, banks, synagogues, community centers etc. Even though quite a few public kinder gardens have already been built in the neighborhood, it is expected that with the re-election of the new neighborhood's board and with the massive building, a change will also occur regarding the public buildings, what will also cause a further serious increase in the prices of apartments for sale in Cochav Hatzafon.