Exclusive discounts of up to NIS 2 million for penthouse apartments in Tel Aviv and Ramat Gan
Posted on 08. Mar, 2010 by buyitinisrael.
An established and reputable Israel real estate group is embarking on a special discount month to promote the sale of penthouse apartments at their four luxurious residential projects located in Tel Aviv and Ramat Gan. The group announced on Sunday a special promotion of exclusive discounts saving up to NIS 2 million on penthouse apartments. Special sale discounts will last until end of March.
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The need for household water filter systems due to the hardness of water in Israel
Posted on 05. Mar, 2010 by Buy-It In Israel Staff.
The hardness of the water supplied in many locations in Israel is undesirable both in home usage and in industrial water usage. Water in Israel has been classified as hard to very hard water. Water classified as “hard” water contains large quantities of the minerals calcium and magnesium. Thus when building or moving into a new home it might be advisable to find water filter or water softener solutions, which prevents scaling damage without reducing the quality of drinking water…..
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New neighborhood being built in Even Shmuel, near Kiryat Gat
Posted on 05. Mar, 2010 by buyitinisrael.
New project containing plots to build 64 units in the dati-leumi (national religious) Yishuv of Even Shmuel, located near Kiryat Gat. This new neighborhood has already generated a lot of interest among many young families (approximately 10% Anglo) who are looking for a good-sized home at an affordable price in a religious community. 8 remaining plots. Buy now before prices go up!
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When building or designing a home in Israel, the most expensive room to furnish is usually the kitchen. So let’s think about how to make the wisest decisions when choosing the ingredients…
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Groups of people buying from kablanim to replace purchasing groups
Posted on 02. Mar, 2010 by buyitinisrael.
A new trend in the Israel real estate market is expected to gain momentum this year as new regulation and conditions for independent purchasing groups of land are being tightened by Israeli government authorities.
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Although 2009 was a weak year for the world’s housing markets, it nevertheless ended with most countries on track for recovery. While North America and Europe remain in varying degrees of market hardship, Israel has the world’s third strongest housing market according to the “Global Property Guide”.
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The Tel Aviv-Jaffa city council is due to approve at a special meeting today criteria for establishing affordable housing projects in the city, on the basis of a report by councilman Arnon Giladi. Mayor Ron Huldai set up the Giladi committee during his first term as mayor. The plan proposes 80-sq.m. apartments for eligible young couples with children, at a cost up to NIS 420,000.
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Market Update: Demand, sales of new apartments in Israel rises in January
Posted on 26. Feb, 2010 by Buy-It In Israel Staff.
Demand for new homes in Israel January this year rose by 15 percent, while sales of new apartments increased by 9 percent, according to figures published by Israel’s Central Bureau of Statistics. In January the demand for apartments stood at 2,770 housing units out of which 1,390 new apartments were sold to the general public and 1,380 apartments were in construction not for purposes of sales including projects of buyers groups and rental housing. The demand for new apartments figure is calculated by adding the number of new apartments sold and the number of new building starts.
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Israel introduces new bank loan regulations for purchasing groups.
Posted on 26. Feb, 2010 by Buy-It In Israel Staff.
New regulations for the provision of loans to purchasing groups buying land for the construction of new homes in Israel are expected to weigh on the buyers groups’ ability to get cheap lending. Israel’s Banking Supervisor has sent a letter to the country’s banks ordering them to tighten credit to purchasing groups in a way, which reflects the true risk inherent in their business.
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The Ministry of Housing and Construction and the Israel Land Administration (ILA) will shortly market more than 2,000 homes in Tiberias, after selling very few lots zoned for high-density housing in the past ten years.
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New neighborhood to be built in Pardesiya, near Netanya
Posted on 24. Feb, 2010 by Buy-It In Israel Staff.
The local council of Pardesiya together with the Israel Land Administration is advancing a project to build a new residential neighborhood in the Sharon region for the construction of 930 housing units. The new neighborhood will be established north of Pardesiya located 5 kilometres east of Netanya.
