Category: Tips & Trends

Housing for Olim
small apartments in israel
UK tax on property in Israell
pre-owned home in Israel
Law & Taxation

Buying a pre-owned home in Israel: What will our attorney do during the negotiation process?

When purchasing a second-hand home in Israel, it is customary for the purchaser’s attorney to conduct negotiations with the vendor’s attorney by discussion, exchange of correspondence, and drafts of the contract of sale which reflect each party’s concept of how the transaction should be structured. The following is a selection of some of the more critical issues that a purchaser’s attorney will address during the process of a second-hand transaction:

Municipal Tax in Israel
Law & Taxation

Arnona: How the Municipal Property Tax in Israel Works

The municipal property tax in Israel, known as “Arnona,” is levied by the local authorities in order to finance their activities and services. It is calculated according to a variety of parameters, including the purpose of the building, its size, the socio-economic status of the neighborhood, and more. These variables can result in an enormous...

Basement in Israel
Tips & Trends

12 steps to take before building a basement in Israel

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.

new apartments in Israel
Tips & Trends

Construction Cost Index: The unspoken additional cost of buying new apartments in Israel

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...

Sukkah balcony in home in Israel
purchase groups in Israel
Working with real estate agents in Israel
Tips & Trends

Working with real estate agents in Israel

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.

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