Apartments for sale in Neve Sha'anan, Haifa – a guide to the neighborhood near the Technion Neve Sha'anan, Haifa.

Types of apartments in Neve Sha'anan, Haifa

Most of the apartments in the neighborhood have 3–4 rooms and are in older buildings. Alongside them there are:

• 2–3-room apartments that also suit investment and renting to students, especially in the areas close to the Technion
• 4+ room apartments, for families
• Ground-floor apartments, some with a private entrance
• Apartments in new buildings, with a safe room, an elevator and parking

Among the properties we've marketed in Neve Sha'anan: a renovated 4-room ground-floor apartment on HaTichon St., with a private entrance and a balcony, and a 4-room 130 m² apartment in a new building on HaGalil St., with a safe room, an elevator and parking. The properties available right now are in the list further down the page.

Apartment prices in Neve Sha'anan, Haifa: what drives them

Prices in Neve Sha'anan are usually lower than in the Carmel neighborhoods, such as Carmelia or Ramat Hen, but within the neighborhood the gaps are large:

• New or older building: a safe room, an elevator and parking raise the apartment's value
• The apartment's condition: renovated or in need of renovation
• Floor, stairs and view
• The street, and how far it is from the Technion, the shops and the main roads
• Urban renewal: whether the building has a plan, and what stage it's at

For example, the two apartments we marketed in the neighborhood both have 4 rooms, but the price gap between them is large: one is 130 m² in a new building, the other a ground-floor apartment of about 80 m².

You can check the prices of deals that actually closed on the government real estate site, nadlan.gov.il. Selling an apartment in the neighborhood? Read our guide to selling an apartment in Haifa (in Hebrew).

Urban renewal and new apartments in Neve Sha'anan

In recent years Neve Sha'anan has had Pinui-Binui projects: old buildings are demolished and new ones built in their place. Approved projects include the "Pfizer compound" (2019) and a project on Pinsker St. (2021). So the neighborhood has new buildings as well as buildings at various stages of planning.

Buying an apartment in an older building? Check whether the building has a renewal plan and what stage it's at, because that affects the price and your plans for the years ahead. More on this in our guide Pinui-Binui in Haifa (in Hebrew).

Who does Neve Sha'anan suit?

The neighborhood suits three main groups:

• Investors looking for investment apartments with constant rental demand
• Young couples looking to get on the property ladder at an accessible price
• Families who want a neighborhood with schools, an active shopping center and easy access

The mix of relatively affordable prices, an active rental market and potential for appreciation makes Neve Sha'anan, Haifa, an area with significant real estate activity.

Transport, shopping and everyday life

The neighborhood's main roads are Derech Hankin and Derech Simha Golan, and Ziv Square is one of Haifa's central junctions. The neighborhood has access to the Carmel Tunnels, and since 2022 the cable car has been running, with a stop at the Technion.

The neighborhood's long-standing shopping center is on Trumpeldor Blvd. and Hanita and Sholem Aleichem Streets, and the Grand Canyon mall is in the neighborhood too.

Real estate agency in Neve Sha'anan – professional guidance

If you're looking for an apartment for sale in Neve Sha'anan, or thinking of selling an apartment in the neighborhood, it's important to work with an agent who knows the streets, the buildings and the actual prices, not just what's advertised.

Sgula Real Estate markets properties in Neve Sha'anan and guides sellers and buyers in the neighborhood, with professional marketing, quality photography and knowledge of local prices.

Looking outside Neve Sha'anan too? All our apartments and houses for sale in Haifa are on one page.