You found the place to get up-to-date information, tools, and advice for helping you make sound decisions throughout the process of buying, building and maintaining a home in Israel. All this is brought to you by our editor, professional in-house staff and selected experts in their respective fields.
Kivunei Avir: Which Way is the Wind Blowing?
When buying a home in Israel, one of the first items to consider is the direction of exposures (kivunei avir). As with most issues in Israel, everyone has a strong opinion about which exposures are preferable. But before we talk about opinions, let’s look at some facts: The sun rises in the east and sets in the west. Presuming there is nothing blocking your window, you will get morning sun in the east and afternoon sun in the west.... Read more
Recent changes to mortgages in Israel bringing relief to home-buyers and existing borrowers
Mortgages in Israel have been affected by Coronavirus too. Due to the pandemic, some significant changes in home-financing arrangements have been introduced in an attempt to minimize the negative impact on the public. The new mortgage policies are intended to provide mortgage-relief to existing borrowers and to offer more favorable terms for homebuyers in Israel:... Read more
Could Israel’s periphery become more attractive for real estate investors?
A look at the Government’s latest proposals to encourage new construction and settlement in Israel’s peripheral regions. Could investment in these areas become more attractive? The pronouncements by Minister of Construction and Housing Ya’acov Litzman in recent weeks regarding measures he is planning, which would spur construction of residential housing in Israel’s outlying regions, have... Read more
Proposed cancellation of Purchase Tax on investment in peripheral areas in Israel
Only one month after starting his new role as Minister of Housing and Construction, Yaakov Litzman is spearheading the cancellation of the Purchase Tax (Mas Rechisha ) on investment apartments in peripheral areas of Israel. The proposal was sent to the Minister of Finance, Israel Katz, about a week ago, recommending the tax continue to... Read more
Mabat HaShuk: Recently sold and rented homes in Israel
The following is a selection of real estate deals that have recently closed in Israel. The idea is to give our readers a general idea of the market and activities taking place around the country. Netanya: A 4-room apartment, 101 sqm located on floor 4 out of 7, with no balcony, on Rishon Lezion Street... Read more
The Fascinating Roles of the Interior Designer in Israel
Interior designers have a luxurious, perhaps even frivolous reputation. A service reserved for the rich and famous indulging in renovating their mansion. More often than not, when moving into a new home or doing a much-needed home renovation, hiring a designer seems like an unnecessary expense. Your home in Israel may be the fulfillment of... Read more
10 most important things to know about financing a purchase in Israel
Mortgages in Israel are different from those in other countries. Buyers and investors from outside of Israel should be aware of certain important factors before beginning the process of financing a property purchase. One of the very first steps a prudent prospective buyer of Israeli real estate will do is gather information regarding the available... Read more
While CPI falls unexpectedly, housing prices increase, or so it appears
The newly released CBS housing price index shows that in March and April, the peak days of the COVID-19 epidemic, there was a 0.1% rise in housing prices and that overall housing prices in Israel rose 3.5% in the past year, despite an unexpected 0.3% drop in Israel’s Consumer Price Index and a 0.3% fall... Read more
Housing Ministry recommends 100-day delay in the delivery of new apartments as a result of Coronavirus
The Israeli Housing Ministry has recommended a 100-day delay in delivering new apartments in Israel as a result of Coronavirus. This amounts to an additional 40 days to the delay period that the law currently permits. According to the Ministry, the average delay caused by the Corona crisis is estimated to range between 70 and... Read more
The way to revive the housing market will be by reducing prices
Home buyers have stopped visiting sales offices and construction companies are dealing with debt. Yet, despite the turmoil that the housing market is going through as a result of the Coronavirus, developers would still prefer residential to hotels and commercial real estate. Are home prices are falling? Yes, but not for long. With huge debt... Read more