A new Modi’in neighborhood is currently being built adjacent to a historic site where the remains of an ancient Hasmonean village were discovered. Called Moreshet (or “Legacy” in English), the new neighborhood includes plans for 4,300 new apartments alongside tens of thousands of square meters of business and commercial centers, restaurants, and cafes. The steep...

The Jewish New Year started off with a burning hot real estate market, rapidly rising prices, and a general sense of chaos. However, from new taxes for real estate investors to increased assistance for first-time home buyers, and lowering hurdles in the planning process, change is on the horizon over the course of the year....

During an urban renewal conference in Jerusalem this month, Mayor Moshe Leon revealed plans to expand construction in the city to 10,000 apartments a year in order to attract the secular and national religious sectors. Approximately 33,000 apartments in major urban renewal projects are in various stages of planning, but only 500 are already under...

Earlier this month, Jaffa, Lod, Haifa, and other mixed Jewish-Arab cities across Israel saw violent clashes between local Jewish and Arab residents that left dozens injured. Now that the riots are over, the housing market may have a hard time recovering. In Lod, however, where the worst violence took place, some interested buyers may actually...

In which areas are the rental yields high? How can I find a good tenant? Which expenses are the tenants expected to cover, and which are the responsibility of the landlord? How much is property tax? These are the questions that should be addressed when seeking to make a profitable return on your real estate...

The city of Ramle, located in central Israel, suffered for many years from a poor reputation which drove away quality residents and investors. In recent years, that trend has begun to change with the construction of thousands of new apartments which have attracted a different population. The city also has a large supply of apartments...

The dollar-shekel rate reached a historic low last week. Most foreigners automatically assume that this will make it more difficult to buy a home in Israel, yet there are several ways to reduce the impact of the exchange rate on a property purchase. Those who buy a new property now can pay just 20% of...

A recent analysis found that the vast majority of urban renewal projects in Israel are planned and implemented only in the center of the country — in Tel Aviv and its neighboring cities, where land values justify undertaking such projects. The city expected to have the most extensive urban renewal is Bat Yam, which is...

Money is cheap, investment buyers are back, and construction rates are steadily declining. All signs indicate that 2021 will be a year of continued rising home prices in Israel, unless the Covid-19 pandemic changes everything, once again. Anyone who has followed the Israel real estate scene in recent years knows that the residential market is...

Going to the polls for the fourth time in two years will likely have a significant impact on the Israeli residential real estate market. The political instability increases the chances that the housing prices will continue to rise while making it more difficult than usual for the government to respond. Additionally, a major reform that...