Refael Real Estate Group

Refael Real Estate Group is a leading real estate organization specializing in Urban Renewal, development and construction, redevelopment, and rezoning. Founded by entrepreneur Mr. David Refael, who serves as its CEO, specializes in creating opportunities for profitable investments that benefit from property appreciation and betterment. The group’s execution arm is responsible for developing and planning residential and commercial projects and is active in the rezoning and income-generating property segments.

Mr. David Refael, the group’s founder, has specialized in real estate for approximately 33 years. His extensive experience, professional knowledge, and unique expertise in both construction and development, as well as redevelopment and rezoning, form the core of the group’s strength. His esteemed reputation as an authority on rezoning stems from the vast knowledge and experience he has accumulated over more than three decades of work.

The group currently has dozens of construction projects in the planning phase, encompassing a large scale of over 350,000 square meters of commercial space and hundreds of apartments across various cities in Israel. Refael Real Estate also conducts extensive urban renewal operations throughout the country.

The group’s customers benefit from its status as a one-stop shop, offering a comprehensive range of complementary professional services, thus adding value for its clients. Since its inception, the group has adhered to its core values of reliability, service orientation, and professionalism. The combination of its extensive experience, the land holdings across the country, and Mr. David Refael’s deep familiarity with Israel’s master land and zoning plans creates a unique advantage. The group excels in locating real estate opportunities, managing and planning top-tier projects. The group’s numerous properties, the partnerships it forms, and the trust it earns from its customers, combined with its professional experience and the expertise of its headquarters team, position it at the forefront of the real estate industry.

Projects

Netanya – Sea Star
Netanya is a beautiful coastal city that has seen a renewal in population, education, and leisure activities in recent years. It is an attractive destination for those who dream of living in central Israel near the sea, without the air pollution and noise of Tel Aviv. The Sea Star complex is located near the Island Hotel, Ben Gurion Avenue, and a spacious green park that stretches from Ben Zvi Avenue to the beach. The location offers proximity to major transportation routes and public transport stations. Nearby, you’ll find the city’s planetarium, and a new municipal center and government agencies complex are being planned.
The land has been approved for high-density construction with mixed commercial and residential use. It is privately owned (“Tabu”) and has undergone road and infrastructure development.
* The land is not available for immediate construction.

Land in Kadima-Tzoran

An investment opportunity in highly sought-after land, located within a new neighborhood planned in Kadima-Tzoran, under an approved master plan. Kadima-Tzoran is a rural community in the Sharon region, currently home to about 23,000 residents. The town was unified in 2003 and today constitutes the Local Council of Kadima-Tzoran.
Residents benefit from a flourishing rural community that combines a high quality of life with proximity to employment centers in Ra’anana and Netanya, as well as convenient access to major transportation routes.
Key advantages of investing in Kadima-Tzoran:
A town with strong housing demand, particularly among high-tech professionals – the demand is substantial.
These are the remaining land reserves expected to be marketed in the coming years – supply is limited.
A master plan has already been approved.
Details of the master plan:
On December 29, 2024, the District Committee for Planning and Zoning, Central District, approved the comprehensive master plan for Kadima-Tzoran, Plan No. 457-0112086.
The land is included under Development Area A2 of the plan. The site covers 162 dunams and includes 770 housing units, commercial areas, open public spaces, as well as neighborhood and municipal public facilities.
* The land is not available for construction.

Areas of Operation

Commercial Real Estate – The group is Israel’s leading real estate and development company in land rezoning and marketing, initiation and construction of complex projects, and assisting in locating profitable real estate investments, maximizing economic returns for its customers. The group has established a department specializing in commercial real estate, offering assistance in finding commercial properties in strategic locations throughout Israel.

Residential Real Estate as a Long-Term Investment – Residential apartments are one of the most popular investment channels, offering an excellent alternative to other investment avenues such as forex, savings accounts, capital markets, and deposits, particularly during periods of low interest rates. The advantages include the potential to increase equity, generate ongoing income, and provide a sense of security.

Real Estate Development – The group has earned an excellent reputation, evidenced by hundreds of recommendations from satisfied customers who have invested with the company and continue to invest in its various projects. These projects include investments in residential apartments, building condominiums, and acquiring small commercial properties such as stores or commercial centers.

Urban Renewal – In an Urban Renewal transaction, the residents of a building collaborate with a developer or contractor to reinforce and improve their apartments. This typically applies to older townhouses and buildings constructed before 1980 that do not meet current safety standards.

Refael Real Estate Group is actively involved in large-scale Urban Renewal projects in both central cities and peripheral areas.

Land Rezoning – The group has expertise in purchasing and rezoning land across Israel, enabling investors to benefit from some of the highest returns on real estate investments in the country.