At the bottom line – in both projects the residents get upgraded apartments (at a higher value), but the way to get them is different: while in demolition and building projects the residents are evacuated to alternative accommodation with the building being demolished and replaced by another which is built in its place, in NOP 38/3 an existing building is usually renovated (although the law also allows to demolish a building and rebuild it), equipped with reinforces, Mamad, elevator and balconies, and undergoes a renovation of facades and environment.
The purpose of both plans is different (38/2 – assisting weak populations versus 38/3 – reinforcing buildings against earthquakes) as well as the duration of the projects (naturally depending on the developers).
There are differences also in terms of the residents’ rights during the projects and therefore, it is highly recommended to consult with an attorney before starting a 38/2 or 38/3 project.
To conclude, every apartment owner who wishes to take part in any of the NOP 38 projects should be familiar with the advantages and disadvantages of the formats as well as the costs, obligations and rights of all parties involved. Sometimes it is better to participate in a NOP 38/2 project (if possible of course) and sometimes – in 38/3.
It is advisable to consult with professionals in the area (developers, attorneys, appraisers, architects etc.) and make an informed decision that will increase the value of the apartments participating in the chosen project.
What is NOP 38
A significant earthquake in Israel is only a matter of time!
NOP 38 enables to reinforce your building and upgrade your apartment.
For details about the advantages of this plan and its implementation with Dankner 38's experienced, professional team.
What do the residents gain?
National Outline Plan (NOP) 38 allows you to add to your apartment a balcony and Mamad,
to renovate the lobby and garden and many more benefits.
To Dankner 38's full benefit package.
What are the stages of the process?
Dankner 38's leading experienced team will accompany you on this journey through all the secrets of this unique process over nine constructed,
simple and clear steps. For information about Dankner 38's constructed, clear process.
Why Dankner 38?
It is important for us, at Dankner 38, to understand what brought you, our partners, to choose this NOP 38 project. Our team has vast experience in the planning, development and supervision of real estate projects. More about the advantages of Dankner 38 – your ideal partner for NOP 38.