Smotrich: Gaza a potential real estate ‘bonanza,’ Israel talking with US about dividing it upFinance minister says ‘demolition’ is done, ‘now we just need to build’; also slams Netanyahu’s comparison of Israel to SpartaTimes of Israel, Sep 17, 2025
Far-right Finance Minister Bezalel Smotrich on Wednesday said that the Gaza Strip was a potential real estate “bonanza” and that he was in talks with the United States on how to divide up the coastal enclave after the war, once again making clear his desire to transform the enclave into Israeli territory.
Speaking at a real estate conference in Tel Aviv, the minister said the opportunity “pays for itself,” and he has “already started negotiations with the Americans.”
We have paid a lot of money for this war. We have to see how we are dividing up the land in percentages,” Smotrich said, adding that “the demolition, the first stage in the city’s renewal, we have already done. Now we need to build.”
He added, “There is a business plan, put together by the most professional people here, that is on President Trump’s desk.”
In an interview with his Religious Zionism party’s Ofek weekend newsletter last month, Smotrich said he was working to reestablish the former Israeli settlements of Ganim and Kadim in the northern West Bank, both of which were evacuated and dismantled during Israel’s disengagement from Gaza in 2005, when it withdrew all of its settlers and soldiers.
In July, he spoke at a Knesset conference called “The Gaza Riviera – from vision to reality,” at which participants presented plans for reestablishing Jewish settlements in the Gaza Strip. There, he said that Gaza would become an “inseparable part of the State of Israel.”
In May, he said the population of the territory would be confined to just a narrow swath of land, with the remainder of the enclave “totally destroyed.”
Smotrich claimed in July that his vision has US President Donald Trump’s backing. Trump in February said the US would take over Gaza, relocate its residents, and turn it into the “Riviera of the Middle East.”
https://www.timesofisrael.com/smotrich-gaza-is-real-estate-bonanza-israel-talking-with-us-about-dividing-it-up/