Savyon was founded in 1952 on the land of the village Yehudia, it was established in order to settle an elderly population of Jews from South Africa. Savyon's jurisdictional area is 2,950 dunams and Savyon currently has 4,300 residents. In the Israeli socio-economic ranking, 10 out of 10. The average wage of salaried employees in Savyon is twice the average wage in the economy (17,500 NIS vs. 8,500 NIS). As part of a project of the Ministry of Interior, Savyon was merged in 2004 with Moshav Ganei Yehuda, that located nearby.
In old Savyon, most the plots are 5 dunams, 3 dunams and 1.25 dunams. On the other hand, in new Savyon, located in its southeastern part, the plots for self-construction are 500 square meters or 1,000 square meters. 80% of the plots are half dunam size. The price at 2024 for half dunam for immediate construction in new Savyon is 6.8 million NIS.
At the beginning of the construction of the new Savyon, the old residents of Savyon petitioned against expanding the settlement and building the new neighborhood, on the grounds that this would cause a decline in the price of the properties in Savyon, but their petition was rejected. Most of the purchasers of private homes are citizens of Israel from the upper decile. Savyon has almost no demand of European Jews compared to Raanana and Herzliya Pituah.
"Yokra Estate" Real Estate Agency in Savyon is marketing homes in the old Savyon and in the new Savyon. We offer exclusive villas for sale in Savyon, new homes for sale in Savyon, cottages for sale in Savyon. A listings of new and luxurious homes for sale in New Savyon starting from 11.4 million NIS, and up to 50 million NIS In old Savyon. Villas for sale in Savyon with swimming pool for a price of 11.4 million NIS. Private house for sale in the old Savyon on a 1,700 sqm plot for a price of 12.2 million NIS. Two Family Cottage for sale In Savyon, a 265 sqm home on a 500 sqm plot for a price of 11.9 million NIS. Villa for sale in Savyon, on a 1,110 sqm plot, the house is 200 sqm and needs renovation or new construction 12.3 million NIS. Private house for sale in new Savyon on a 1 dunam plot, built 500 sqm including the contents of the house for 15 million NIS. Villa for sale in Savyon, on a 2 dunam plot, swimming pool and smart home, an internal elevator for sale at a price of 16 million NIS. You can find beautiful houses in Savyon, which are represented in our exclusivity without any real estate offices in Savyon. House for sale in Savyon on a plot of 2,600 sqm built 610 sqm high quality with swimming pool and architectural garden for 22 million NIS. Luxury villa for sale in Ganei Yehuda on plot of 10 dunam for 18 million NIS. Luxury homes for sale in the new Savyon, with an internal elevator and a swimming pool for 12.1 million NIS. Luxury homes for sale in the old Savyon on plots of over 2 dunam from12.5 million NIS. A renovated villa for sale in Savyon, built 500 sqm on a 1,250 sqm plot for 13 million NIS. We also have one plot for sale in new Savyon, 500 sqm for a price of 6.9 million NIS.
In August 2018, the State of Israel published the tender results for purchase of 14 plots in the new Savyon. The plots are located in the southern part of Savyon, near Yehud and Magshimim. The plots are approved for immediate construction. The average winning bid for plots of half-dunam was 3.553 million NIS. The plots in good locations were sold at a price of 4.150 million NIS, including VAT and development.
The writer, Yossi Mimran: Owner of the brokerage company "Yokra Estate", expert in luxury homes to the top percentile in Israel, mediator in Savyon, Arsuf, Kfar Shmaryahu, Herzliya Pituah, Ra'anana, Hod Hasharon, Petah Tikva, Tel Aviv. To view a list of luxury homes for sale in Savyon click here.
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