Harei Zahav

Harey Zahav is one of the leading real estate developers in Judea, Samaria, and the Jordan Valley. The company was founded in 2007 by the entrepreneur Ze’ev Epshtein. To date, it has built around 2,000 residential units, with 700 additional apartments under construction, and several thousands in various planning stages. The company is proficient in constructing in the areas of Judea, Samaria and the Jordan Valley, both from the regulatory aspects as well as the deep understanding of the community aspect.

Currently, “Harey Zahav” enrolls 40 employees, including finance professionals, project managers, customer relations and marketing and sales personnel. The company is renowned for its expertise in building communities from scratch – whether if religious communities of various sections or
general communities. The company is carefully
trying to assemble its customers, to create the best communities.

Residential Development

Epshtein’s pervious ventures are in the real estate industry. Since 2003, he has handled the acquisition of agricultural lands, their rezoning, and the construction of large-scale residential as well as industrial projects in the Moscow region. When he returned to Israel in 2007, he decided, out of an ideological-Zionist motive, to bring the vast experience he accumulated overseas to the local market.

The first project he developed was the planning and construction of 700 housing units in the community of Leshem in Western Samaria. The company built this community from scratch, from the planning of the units, infrastructure to the security system, through their successful execution, and up to delivery of the keys to the hundreds of homeowners. The project was fully sold and is considered to be a spectacular success and the most recognized construction project among the religious Zionist audience.

Another leading project is “Kedem” in Avnei Hefetz, West Samaria, for the religious Zionist public. Kedem includes about 900 apartments, of which the company has built 240 to date, and the construction of another 128 started recently. All of the units are in a high-density construction model.
The company has another mega-project in the Ultra-Orthodox city of Immanuel in Samaria, where it is developing around 1,000 units, of which about 300 have been populated and 200 are under construction.

Commercial Properties – The “Lulim” (“Chicken Coups”) Project

While the company focuses on residential properties, it occasionally develops and builds commercial properties, with the most noteworthy being a 3,000 sq.m. shared workspaces complex developed in cooperation with Kibbutz Kfar Etzion. This complex is the largest shared workspace in Judea and Samaria, and it is leased out with a waiting list of companies waiting for vacant space. Lulim is built on an old chicken coups complex, which the company converted cleverly and creatively into a contemporary and trendy workspace. The complex has become a business center and is home to advertising agencies, architects, lawyers and active and emerging startups.

Notable Projects

The company is building in more 20 communities, including, among others:

Teneh Omarim: A community settlement in Hevel Yatir in the Negev, where secular, religious, young couples and older families live harmoniously. The settlement includes about 200 families and its members are part of a large and caring community that constantly strives to improve the personal and social lives of its members. The company is developing about 135 detached houses in the settlement.

Kfar Eldad: Kfar Eldad: This diverse community in Gush Etzion includes more than 200 families, and 200 families will join soon due to Harey Zahav’s project, which would add 205 apartments of 4-6 rooms with sizes starting from 120 sq.m., including garden apartments. In Stage A, 75 apartments were sold within a year, and the project is currently gearing up for Stage B.

The area’s desert landscape, the diverse families mix- including secular and religious population and the proximity (12 minutes) to the capital city of Jerusalem – turn this project into one of the most unique projects in the company’s arsenal.

Neria: A religious community of about 400 families, located about 15 minutes from Modi’in and a 45-minute drive from Tel Aviv and Jerusalem. In Stage B, that went to market this year, 168 apartments are offered for sale in a diverse mix of two-story semi-detached homes, single story and 5-7 room apartments with gardens and balconies. The settlement’s education system is diverse and high-level, and attracts students from surrounding communities.

Tal Menashe: At the heart of a unique natural forest in North Samaria, this Zionist-Religious community is located very close to Rd. 6 and the growing city of Harish. The architectural design is very attractive, and in addition to the rare location, it is a rare opportunity for high-quality community life less than an hour of drive away from Haifa and Tel Aviv.