Two plots in the Ir Yamim neighborhood of Ashkelon, adjacent to the seashore and bordering a nature reserve, are being put up for tender in a new marketing initiative by the Israel Land Authority, in collaboration with the Tourism Ministry The tender, numbered YAM/241/2025, is designated for the development of two complexes for hotels and commercial use, as part of the broader "Balut Complex" development plan - a large-scale initiative covering about 26.5 hectares in the northern part of the city.
The “Balut Complex” includes a designated hotel area covering approximately 6.5 hectares, planned to include around 1,400 guest rooms. On the eastern side of the complex, a residential neighborhood with 716 housing units is planned, creating a city mix of housing, tourism, commerce, and nature, featuring promenades, scenic routes, and sea lookouts.
This is considered one of the most attractive development areas in the city, with direct access to the beach, a stretch of open spaces, convenient transportation links, and proximity to the prestigious Barnea G neighborhood.
“Renewed Marketing Under Conditions Adapted to the Market”
According to the tender terms, no bids will be accepted below the minimum price. Development details and guarantees will be published in the tender booklet. Participation is subject to prior registration on the "Gov.il" website, and the final deadline for submitting bids is December 8, 2025, at 12:00 PM.
The Tourism Minister, Construction, and Housing, Haim Katz, stated: "Following a strategic internal review, we are moving forward with renewed marketing under conditions that offer greater investment viability. We are working to create real opportunities for entrepreneurs in the hotel sector - in both the periphery and central regions. The renewed tender in Ashkelon, adapted to market conditions, is part of a broader policy to remove barriers and accelerate tourism development throughout the country."
Yanki Quint, Director of the Israel Land Authority, added: "This tender marks a significant milestone in the development of the Ir Yamim neighborhood in Ashkelon. The unique location, close to the seashore, creates an area with tremendous tourism potential. The mix of hotels, commerce, and continued development of the promenades is expected to attract tourists, generate jobs, and give a major boost to the city's economy."