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,...
Author: Buyitinisrael Editorial
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...
Interest rates in Israel – a look at historical and current data
In Israel, the rate of interest is announced by the Bank of Israel at the end of every month. These announcements have been made since...
The Implications of the Construction Freeze
On 26 November 2009 the Netanyahu administration imposed the ‘building freeze’ (order no. 1653) which will be in place until 26 September 2010 . Under...
Warranties of the Builder on Newly Constructed Homes
In an attempt to settle some of the confusion surrounding the warranties associated with new construction, a goal of this article is to provide the...
Buying off-plan: 10 Stages after Signing the Contract on your New Home in Israel
Congratulations on buying your new home in Israel. You signed the contract and made the first payment, but there’s still much work to be done....