Author: Buyitinisrael Staff

Religious couple and baby
building maintenance in Israel
Tips & Trends

Building maintenance and property management costs in Israel

When buying or renting a property in Israel it is important to find out if and how the building is maintained and the magnitude of the fees involved, before signing a contract. In Israel the maintenance or management of an apartment building is determined by a committee of homeowner representatives called Vaad Bayit or building committee.

New Homes in Israel
Tama 38 Israel
Housing Policy

Urban Renewal in Israel — Part 2: “Tama 38”

Israel is located on a seismically-active fault line known as the Syrian African Rift and the possibility of earthquakes of high magnitudes pose a threat to millions of people and their property – in the region. To experts in the field, it is not a question of will there be an earthquake, but rather when...

Types of homes in Israel
Urban renewal in Israel
Housing Policy

Urban Renewal in Israel — Part 1: “Pinui Binui”

Urban renewal in Israel generates new, creative construction in preexisting built-up areas. The scarcity of land for new construction in Israel and the subsequent housing shortage throughout the country led the Government fourteen years ago to develop this innovative solution. There are two main schemes for urban renewal projects. The first is known as pinui-binui (evacuation and construction) and the...

Buy property in Israel
Measuring tape
Tips & Trends

Measurements and dimensions of homes in Israel

When dealing with real estate in Israel, the metric system is the standard system of measurement. The size of a property is recorded as either bruto (gross area) or netto (net area). The bruto includes common space such as elevator shaft, stairwell and area beneath walls. Netto is the actual living space of the property and does not include storage room (machsan), balcony (mirpeset), garden, parking area or garbage room.

In memory of Zev Shalev
Tips & Trends

In memory of Zev Shalev 1950-2010

Zev Shalev ז”ל was a dear friend, regular contributor, and professional advisor to Buyitinisrael.   For more than twenty-five years Zev was a residential space planner, primarily, although not exclusively, for the English-speaking, observant community in Israel and abroad.  His fields of specialization were creative space utilization in general, and planning kitchens and bathrooms in particular....

VAT in Israel
Law & Taxation

VAT in Israel lowered to 17%—good news for homebuyers

As the government decided yesterday to lower the value-added-tax rate (VAT) in Israel by 1% from 18% to 17%, local and overseas homebuyers in the process of planning to purchase a new apartment in Israel are able to moderately reduce some of the cost involved. When buying a property in Israel, VAT is included in the price of...

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