A new bill proposed would allow developers to convert up to 30% of the built-up area in some office buildings into residential apartments. The government hopes that this move will address the urgent need to increase apartment supply while making use of the enormous surplus of approved office plans. The initiative, which fits into the...

While the Israeli winter is certainly not as harsh and stormy as in Europe or North America, property owners should still carry out a series of precautionary measures in October to prevent water damage and other unpleasant issues come January. These preparations are especially important for those who own private homes or penthouses. Beyond protecting...

The month of September came and went like flash lightning. After an unusual summer with little international travel, few incoming tourists, and many parents homebound with quarantined children, most kids went back to school only for a few days before the high holidays arrived, almost unexpectedly. There was little energy to view properties and little...

A few weeks ago, an old apartment building in Holon collapsed, leaving hundreds of Israelis living in similar buildings across the country asking themselves whether something like that could happen to them. Unfortunately, up until now, the State has completely neglected the critical issue of ​​building safety. However, the good news is that, with a...

Almost two years since Covid-19 flipped the world upside down, real estate professionals in Israel claim that the pandemic has significantly affected consumer preferences in the housing sector. The market has seen peak demands for properties with large balconies, rooftop terraces, and gardens, which can cause prices to skyrocket within weeks. According to one real...

The Jewish New Year started off with a burning hot real estate market, rapidly rising prices, and a general sense of chaos. However, from new taxes for real estate investors to increased assistance for first-time home buyers, and lowering hurdles in the planning process, change is on the horizon over the course of the year....

The state issued the first land tender for the new neighborhood which will be built on the grounds of the former Sde Dov Airport near the beach in North Tel Aviv. Developers paid a record NIS 4.4 billion – close to around NIS 3 million just for the land on which each apartment will be...

Last month was not the typical August in Israel: Tourist levels were at an all-time low, infection levels hit record highs, Israeli travellers spent days on end in quarantine upon return from abroad, and families with young children were forced to test regularly and limit their activities. As we enter the Holiday season, we mourn...

In a record high, about 20% of the 31,000 apartments purchased in Israel in the first quarter of 2021 were purchased by investors. An analysis by the Ministry of Finance indicates that almost 40% of real estate investors are public employees, 17% work in the finance industry, and only 11% in hi-tech. While there was...

Over the last fifteen years, Be’er Ya’akov has tripled its population and evolved from a remote town with a poor reputation to one of the places in central Israel with the highest number of active construction projects. With a new business district and plans to be connected to a convenient metro network, the brand new...