Old Building Without an Elevator in Haifa: When It’s Not a Minus (680)

In Haifa, many old buildings do not have elevators. For some, this immediately seems like a disadvantage, especially for families with children or elderly residents. But the absence of an elevator does not always make an apartment less liquid — it all depends on the context and characteristics of the building.

Advantages of Old Buildings Without Elevators

• Often located in central Haifa neighborhoods with developed infrastructure
• Less market competition — apartments can sell faster among investors
• Lower price per square meter makes market entry more accessible

For Whom This Is Not a Minus

• Young families, students, active people with no issues climbing stairs
• Investors seeking rental income — these apartments are often in demand among tenants willing to live in older buildings for a convenient location
• Buyers who prioritize location over building amenities

What to Pay Attention To

• Condition of the stairs and common areas — safety is paramount
• Floor level — apartments on lower floors are easier to sell and rent
• Plans for installing an elevator in the future — some buildings are modernizing

Comparison with New Buildings

While apartments with elevators are more attractive to certain buyers, old buildings without elevators can be more liquid in the investor segment and for those who value location and price.

Advice from Unehasim

The staff of Unehasim recommend:

• Do not automatically dismiss old buildings without elevators
• Evaluate the neighborhood, rental demand, and condition of common areas
• Analyze the target audience of buyers or tenants

Proper evaluation allows you to:

• Choose an apartment with good liquidity
• Invest with minimal risk

If you want to understand when an old building without an elevator in Haifa is not a disadvantage and how to benefit from it — the staff of Unehasim can help you with accurate analytics and practical advice.