{"id":170912,"date":"2025-12-06T09:58:02","date_gmt":"2025-12-06T09:58:02","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/170912\/"},"modified":"2025-12-06T09:58:02","modified_gmt":"2025-12-06T09:58:02","slug":"the-rise-of-young-haifa-real-estate","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/170912\/","title":{"rendered":"the rise of young Haifa real estate"},"content":{"rendered":"

What do you do about an overdraft, how much is the rent, where was the last vacation and which expense do you most regret? People across the country are speaking candidly about their lives, before and amid the war. This time: the Elnekave family from Haifa.<\/p>\n

In the photo: Inbal (50), Mai (26). Not pictured: Elia (23).<\/p>\n

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The apartment? A seven-room house with a view of the wadi and the bay, rented for 5,000 shekels a month.<\/p>\n

Inbal: \u201cI\u2019m a real estate<\/a> woman and I don\u2019t believe in buying a home to live in. I rent a gorgeous place at a return of 1.5 percent, and I own apartments I rent out at a much higher return. It\u2019s a big house because originally there were five of us living here, but my partner was killed in a car accident about ten years ago, and I didn\u2019t want to move. This place makes me feel good despite the memories.\u201d<\/p>\n

Mai: \u201cHe wasn\u2019t my biological father, but I grew up with him. He was a very special man.\u201d<\/p>\n

Inbal: \u201cI\u2019ve been divorced twice and once widowed, but most of the time life is good.\u201d<\/p>\n

Real estate? Inbal: \u201cAt 20, a few friends and I saw a building for sale in Haifa, and it intrigued me. I didn\u2019t know anything about real estate but started asking around. My friends were afraid to join the deal. I wasn\u2019t. I asked my father to co-sign the mortgage and ended up in a deal involving a building and land for development, and I made 200,000 shekels, which at the time was a lot.<\/p>\n

At 24, I bought another apartment in Haifa for $140,000. It was deep in the forest, and I fell in love with it. I gave the seller a 10,000-shekel check but he panicked and said, \u2018Bring your husband first.\u2019 I told him, \u2018No need. I want the apartment,\u2019 and I bought it. My outlook is that I can\u2019t fall so far that I\u2019d starve. We\u2019ll always manage. My parents aren\u2019t wealthy but they\u2019ll always help if needed. That confidence is in my DNA. Career-wise, I jumped from field to field, but it was always about doing business.\u201d<\/p>\n

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Business? Inbal: \u201cI had a company that supplied duty-free goods to cruise ships. Eventually, an owner of several ships brought me into his company. He offered a great salary, and I grew into the job and lived partly on the ships. I made a lot but also spent a lot. I live for life, not for savings. My daughters grew up at sea.\u201d<\/p>\n

Mai: \u201cAs kids, we roamed the ship and knew all the staff. We knew every secret passage. It was like a playground. These ships are enormous, but it was fun.\u201d<\/p>\n

Inbal: \u201cThat ended one day, and I moved on to the next venture \u2014 I bought a fashion retail chain and sold it later for a profit. I\u2019m an entrepreneur and businesswoman. The field doesn\u2019t matter; I learn the matrix, and then the product doesn\u2019t matter. After fashion, I worked as VP of commerce at Dr. Baby because I wanted to develop well-designed baby products. I spent two weeks in China, two in Israel. At the same time, I continued in real estate and entered very large projects. And then came the beach.\u201d<\/p>\n

A beach? Inbal: \u201cI run Haifa\u2019s best beach, Cinema Paradiso. Five years ago, it came up for tender and I took it. I have four businesses there with 600 seats \u2014 a restaurant, a nightlife bar, a caf\u00e9, a kiosk and a fast-food stand I\u2019m opening. The dream started when I was 18. I bid on a city tender back then and won, but my partners went traveling after the army and it fell apart. I was disappointed but the dream stayed.<\/p>\n

Then the tender came up again during COVID. People didn\u2019t want to touch it and said I was crazy. Everyone panicked about COVID, but I knew the beach would be the best place to be. My fantasy was a Tulum-style place with palm trees and lots of wood, and that\u2019s how I designed it. It\u2019s a beautiful beach. I also own a real estate company in Paphos and specialize in beachfront properties.\u201d<\/p>\n

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Money? Inbal: \u201cI\u2019m not a millionaire, but I\u2019m in good shape. I can afford what I want. Money circulates. You need to live and act, not freeze.\u201d<\/p>\n

Mai: \u201cRight now, I\u2019m working for my mom. Professionally, it\u2019s a bit embarrassing to say I\u2019m a shift manager at my mom\u2019s restaurant, but I\u2019m figuring out what I truly want to do. There\u2019s something about being between things and seeing what emerges.\u201d<\/p>\n

Your leisure time? Inbal: \u201cI\u2019m a workaholic but I enjoy it. I get up at 8 and head to the beach, which is my office. Meetings, friends, hosting \u2014 everything happens at the beach. For fun, I love good food, going out, good parties. I even brought friends from the nightlife world and Midburn into the beach partnership to make it a top destination.\u201d<\/p>\n

Midburn? \u201cIn our camp, we have the best setup. It\u2019s a camp of clubbers and music, and we bring DJs. It\u2019s not only parties \u2014 it\u2019s wonderful people who build a city in the desert for a week. An incredible experience. The foundation is community, being together, living together.\u201d<\/p>\n

A partner? Inbal: \u201cWhen it comes, it comes. People tell me men don\u2019t like strong women. I don\u2019t respond to people who send me a \u2018hey\u2019 on Instagram \u2014 too cheap. I\u2019m a romantic. A friend of mine, a CEO, told me he went to a matchmaker, paid her 5,000 shekels, and she set him up with exactly the dates he wanted. Apparently, this exists, and it\u2019s exactly what I need because I have minimum criteria. At the very least, he needs to have his own home and grown children. A matchmaker can filter the candidates.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"What do you do about an overdraft, how much is the rent, where was the last vacation and…\n","protected":false},"author":2,"featured_media":170913,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[42,43,40,38,41,39],"class_list":{"0":"post-170912","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-headlines","8":"tag-headlines","9":"tag-news","10":"tag-top-news","11":"tag-top-stories","12":"tag-topnews","13":"tag-topstories"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/170912","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=170912"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/170912\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/170913"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=170912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=170912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=170912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}