A common trend nowadays in Israel is to build a basement beneath a house. The addition of a basement to an existing property, can provide the owner with a large amount of additiona living area and can also add significantly to the value of the property. However, basement excavations and conversions, carry many regulations and permissions with them. They are each unique and very much depend upon the condition and structural ability of the existing property.

Purchasers of new apartments in Israel, directly from developers, could find themselves paying a significantly higher price than they’d agreed upon when they initially closed the deal. The reason for this comes down to fluctuations in the residential construction cost index, published monthly by Israel’s Central Bureau of Statistics (CBS), which estimates changes in construction...

The “Sukkah balcony” has become a must-have for almost any religious person interested in buying an apartment in Israel. According to Israel real estate appraisers, a Sukkah balcony may raise the value of an apartment by around 5%, while the planning committees use it to funnel ultra-orthodox buyers into certain neighborhoods and turn them away...

Purchase groups in Israel are a popular and less expensive way to buy a new apartment than through a developer. But with potential savings up to 20% of the apartment price, this route bears a greater risk and the Government is now considering tightening regulations to protect purchasers. Increasing signs of instability followed by legal...

Should I use a real estate agent when buying a home in Israel? How much commission should I expect to pay and what am I signing on the commission agreement? Who can be a real estate agent in Israel? Read the in's and out's of working with real estate agents in Israel.

One of the most commonly asked questions by people seeking to buy a home in Israel is “how much can I borrow to buy a home in Israel?” The response to this question is twofold and can best be answered by asking two further questions: 1. What is the value of the property you are...

Next year marks the 100th anniversary of the establishment of Moshav Nahalal, the first moshav that was built on territory that became part of the State of Israel. In the years that followed the founding of Nahalal, in the Jezreel Valley, another 450 moshavim were established, and currently, around 200 thousand people reside on them....

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?

While in many regions throughout the world, private pools are associated with the middle class, until recently, pools in Israel have been considered a luxury item reserved for the extremely wealthy, or the millionaires. In the past, pools in Israel were found mostly in upscale towns, such as Herzliya Pituach, Savyon, and Caesarea. The main...

For the first time in the history of the State of Israel, Jews from around the world are unable to enter the country as a result of the Coronavirus. This article discusses the possibility of buying a home in Israel when the borders are closed to non-Israelis. As of March 18, 2020, in an attempt...