Against all odds: 5 astounding facts about the current Israel real estate market
From the Central Bureau of Statistics to the Ministry of Finance and the Bank of Israel, the past two weeks have been full of reports...
Author: Buyitinisrael Staff
Buying into a new 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...
Government proposes reduced Purchase Tax for new immigrants
According to the joint initiative of the Ministries of Finance and Absorption, immigrants who purchase a home in Israel will be exempt from Purchase Tax...
Israel real estate market update: Mabat HaShuk January-February 2024
At the beginning of 2024, the rate of home purchase sales returned to its pre-October 7 level, and ranged from 6,000 to 7,000 transactions per...
Government to advance the construction of new homes in Efrat and Ma’ale Adumim following terrorist attack
The decision to advance the construction of 3,300 new homes was made in a discussion attended by Prime Minister Netanyahu, Defense Minister Galant, and Finance...
Government plans to revitalize the real estate industry with heavy subsidies in the periphery and tens of thousands of foreign workers
With a severe slowdown in the construction industry, the government recently approved a plan that includes a series of measures to encourage activity. Among the...
120 rental apartments sold for NIS 250 million in Buchman – Modi’in’s most sought-after neighborhood
The project acquired is expected to be the most successful investment, to date, of the investment fund Rent IT which focuses on long-term rentals. A...
Urban renewal in Jerusalem leads to unprecedented levels of construction
The Municipality of Jerusalem ended 2023 with the issuance of permits for the construction of 7,500 new housing units – a record number that is...
Ministry of Finance intends to significantly increase Israel real estate tax for investors and foreign buyers
Two legislative amendments in the field of Israel real estate tax do not bode well for investors and foreign residents. Firstly, the Ministry of Finance...
Purchase Tax Update: New thresholds in January 2024
Every year, during January, the Israel Tax Authority publishes new thresholds for Mas Rechisha (Purchase Tax) according to the Central Bureau of Statistics Home Price...