The Israeli home front

BUYING, BUILDING, AND OWNING A HOME IN ISRAEL

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.

Purchase Tax for investors in Israel Mas Rechisha

Purchase tax in Israel: Updated thresholds in August 2020

Israel Tax Authority has published new thresholds for Mas Rechisha according to the Central Bureau of Statistics Prices of Dwellings Index for 2019. Mas Rechisha is an acquisition tax, or purchase tax, that a buyer is obligated to pay upon purchasing real estate in Israel. Once a contract is signed, a self-assessment must be filed with the Israel tax authorities, and paid in full, within 60 days. Read more
Homes in Israel

Mabat HaShuk: Real estate transactions in Israel — July 2020

The following is a selection of real estate deals that were recently transacted in Israel. This gives our readers a general idea of the residential market and the activity taking place around the country. Jerusalem: A 5-room apartment, 79 sqm, located on Shalom Yehuda Street, Arnona, was sold for NIS 2,050,000 by Noam Homes. A... Read more
Price of homes in Israel

Why are homes in Israel so expensive?

A shortage of housing, an excessive amount of regulations, inefficient transportation systems, and a belief that prices will never come down. Why the cost of real estate in Israel is so high. Anyone who takes a look at the housing market in Israel will quickly learn that apartments are expensive. Extremely expensive. The average price... Read more
new projects in Israel

Choosing a new housing project in Israel — 10 factors to consider

You've decided to buy a property in Israel, and you even know where in Israel you want to buy. You checked out the various new projects that are being marketed and narrowed down the search to three or four developments. Each one sounds pretty much the same as the other, “5 rooms, 2 bathrooms, living room, dining room, kitchen, balcony, storage room and two covered parking spaces”, so how in the world do you decide which new project in Israel is right for you? Read more
new home in Israel

Is there any guarantee of the quality of construction in my new home in Israel?

When someone purchases a new apartment or an apartment “off-plan”, a question that often arises is how does the purchaser guarantee the quality of construction after taking possession? The Sales Law, with the primary objective to protect buyers against negligent builders, makes the prospect of buying a new apartment in Israel, a more secure exercise.... Read more
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