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National Association for Better Housing
Posted on 06. Jul, 2010 by Buy-It In Israel Staff.
The National Association for Better Housing (Ha’aguda letarbut hadiyur) is a non-profit organization to protect tenants’ rights in apartment blocks. The association has legal advisers specialized in real estate and joint property law, whose services can be used by members in cases regarding tenants’ rights, dispute-resolving in joint property disputes, payment failure of joint building expenses, counseling opposite maintenance companies or opposite constructors and builders.
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Israel Tax Authority wants to levy higher taxes on purchasing groups
Posted on 29. Jun, 2010 by Buy-It In Israel Staff.
Israel real estate purchasing groups are organized groups of mostly private individuals who join up to buy land rather than through a contractor in order to build one or two buildings mainly for residential purposes and most recently also for commercial use. The Israel Tax Authority is now advancing plans to levy the purchase tax for buyers groups on the apartment and not on the land as is currently the case. What this means is that an individual joining a buyers group will be defined as a buyer of an apartment and not just the land. As a result, purchasing group buyers will need to pay the same taxes as other Israel home buyers.
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Home improvement season is underway
Posted on 24. Jun, 2010 by Buy-It In Israel Staff.
Traditionally the Israel home renovation season opens its doors with the start of the spring rising to a peak around the Passover holiday and ending with the last days of the summer. For one reason or another home renovations in Israel are most popular around the Passover holiday, when houses are painted or undergo basic refurbishment or in the local jargon shipputz
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Get benefits if you chose to live in south or north of Israel
Posted on 22. Jun, 2010 by Buy-It In Israel Staff.
The Israeli government is offering a new incentive and benefit program to new immigrants should they decide to make their home outside the country’s large cities in the north or the south of Israel. The new program operated by the Israeli Immigrant Absorption Ministry together with the Negev and Galilee Development Ministry seeks to boost Aliyah of young immigrant families in peripheral cities in the Negev and the Galilee.
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A guide to home insurance in Israel
Posted on 21. Jun, 2010 by Buy-It In Israel Staff.
There are two types of Israel home insurance policies available: structure and contents insurance. A structure insurance plan includes coverage for the structure of your home in Israel for the following major risks: fire, rain, snow, lightning, storm, snow, hail, flood, smoke damage. A contents insurance policy will usually insure against fire, theft, water damage, willful damage, third-party liabilityand employers liability, and generally covers TV’s, video equipment, home computers, faxes and sound equipment, glass surfaces and windows, marble and sanitary ware, silver ware, etc.
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Mayor unveils affordable housing plan in Jerusalem
Posted on 14. Jun, 2010 by Buy-It In Israel Staff.
Under the terms of the “20:20:20″ plan, which was unveiled by Nir Barakat on Sunday, Israel real estate contractors and builders with plans for new construction projects of more than 20 housing units or more than 2,000 square meters in the capital, will need to allocate at least 20 percent of those units of up to 100 square meters, for affordable housing purposes, that is they will need to be sold at a discount of 20 percent to the market value. The municipality estimates that the plan will reduce the purchase price of apartments by an average of NIS 200,000-300,000.
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Bank of Israel to avert housing bubble
Posted on 11. Jun, 2010 by Buy-It In Israel Staff.
The Bank of Israel said this week that it will continue to watch the country’s booming real estate market and take measures, if necessary, to prevent a housing bubble. The Bank of Israel’s Supervisor of Banks Rony Hizkiyahu, said that although there is no bubble in the Israel real estate market developing according to the definition of of a [...]
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Housing rights and benefits for Olim
Posted on 09. Jun, 2010 by Buy-It In Israel Staff.
Finding a home in Israel is one of the main undertakings which new immigrants or Olim are faced with when moving to Israel. In order to facilitate the absorption of living in Israel and integration into the everyday life in the Holy Land, the Israeli government grants new immigrants a number of rights and benefits that are related to homes.
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The importance of burglar alarm systems in Israel
Posted on 04. Jun, 2010 by Buy-It In Israel Staff.
In view of increasing numbers of burglaries around the country, today’s home in Israel has come to require a higher degree of security and safety as well as a growing need for users to be in control of and connected to their home, in particular if they are away from their home on a regular basis. Hence when renovating or building a new home in Israel, it has become a common feature to install an alarm system for deterrence.
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Israel records fifth highest rise in property prices globally
Posted on 02. Jun, 2010 by Buy-It In Israel Staff.
Home prices around the world are changing direction led by Israel which was ranked in fifth place in the list of countries with the sharpest increase in real estate prices in the first quarter of this year, according to the Global Property Guide survey. Israel recorded the fifth highest rise in residential property prices in the world in the first three months of 2010 as prices leaped by 12 percent compared with the same quarter of 2009 and by 2.92 percent compared with the fourth quarter of last year, in inflation-adjusted terms.
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Ra’anana becomes first green building city in Israel
Posted on 27. May, 2010 by Buy-It In Israel Staff.
Slowly, Israel is catching onto the idea of green building. The city of Ra’anana this month decided to adopt the green building standard, which will require real estate companies, constructors, and architects to plan and build in compliance with the green standard.
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