
The Buchman
neighborhood in Modiin is currently one of Israel’s hottest real
estate markets. Buchman is located at the southern end of Modiin.
Established in 2002, Buchman is attracting a large influx
of English-speaking Olim from around the globe. Let’s not forget the
Israelis who are also a large part of the Buchman community. Buchman
is attractive for its spacious and luxurious apartments and houses.
The abundance of garden apartments and cottages in Buchman create a
tranquil suburban feeling within a flourishing city.
Buchman is located at the southern end of Modiin.
Buchman is comprised of two sections – the older area called Buchman
Tzafon (North)-Hashvatim and newer area called Buchman Darom (South)-
Moriah. Buchman
Darom while under construction has seen many families move into
several of its projects and is already an established community.
The population in Buchman and in
all of Modiin is a mixture of both religious and secular. Prices in
Buchman today range from approximately 1,300,000 NIS for a 4 room
apartment to 4,000,000 NIS for the more luxurious villas. Prices
also depend on which street and which builder. Buchman is still
in its infancy and does not yet have many shops, schools, parks,
shuls, or medical clinics. These are all on the way and coming in
the very near future. The remainder of Modiin already posses these
facilities as well as a large number of cultural and entertainment
centers.
The city of Modiin was established
in 1997 and is currently home to about 60,000
residents with plans to ultimately house 240,000. This will make it
one of the largest cities in the country. Just a 30-minute drive
away from Jerusalem and Tel Aviv, Modiin is centrally located,
making it an attractive choice for young professionals and their
families.
The train was completed in April
2008 and connects Modiin to both Tel Aviv and the North. The train
to Jerusalem is expected to be completed in the next few years. The
aforementioned cultural and transportation centers are influencing
the success of the real estate market in Modiin in general and
Buchman in particular. Please check out
www.modiinbuchman.com and
www.modiin.muni.il for more
useful information on Buchman - Modiin and Modiin.