As residential real estate in Israel continues to be a popular investment choice and prices remain higher than ever, Buyitinisrael set out to investigate the yields that investors can expect to see.  While in the southern city of Be’er Sheva,  investors can enjoy a return of 4%, in the central city of Tel Aviv, they...

Ask any real estate agent in Israel about the current housing market and you’ll hear that there are plenty of interested buyers, but few serious vendors and properties to sell. Developers, on the other hand, tell us that demand for new construction remains higher than ever and sales continue at an unprecedented rate. Despite this,...

Latest data on the Israeli housing market indicates that huge demand for apartments in 2021 led to the breaking of all-time records for new home sales. In Tel Aviv and Ashkelon, the largest number of new apartments ever recorded were purchased, more than 4,000 in each city, while in Jerusalem, 2,900 new apartments were purchased....

In recent decades, the city with the longest coastline in Israel has become a favorite destination for foreign residents and new immigrants. Over the past year, there has been a sharp rise in prices for real estate in Netanya, most notably in Ir Yamim, a neighborhood of luxury residential towers located near the sea. However,...

January saw a steady stream of real estate transactions as Covid raged throughout Israel (yes, the Buyitinisrael staff had it too!), record rain, snow, and low temperatures were recorded, and earthquakes off Cyprus were felt in Israel. The borders have reopened and foreign buyers are back, buying up homes at a rate that hasn’t been...

While November saw record home sales as investors and foreign buyers eagerly closed deals before Mas Rechisha was raised for their transactions, December was a busy month too, although considerably less than the previous month. Before the minimum Purchase Tax (Mas Rechisha) applied to a second residential apartment was raised from 5% to 8% at...

After a year of record demand and sharp price increases, home prices are expected to continue into 2022, but more moderately, as urban renewal activity rapidly expands. Hadera and Modi’in are likely to see high demand, and the volume of home purchases made by Jews in the Diaspora is predicted to grow. Read more on...

An almost double increase in the number of residential real estate transactions, and a 236% jump in the volume of purchases made by investors, was recorded during October after the government publicized its intention to increase the purchase tax for investors. On the day of the official announcement, investors purchased 1,200 apartments compared to 150...

To this day, buying an apartment in Israel is considered a basic rite of passage for most Israeli families. However, steadily rising real estate prices have made purchasing property very difficult, if not impossible, for many, rapidly changing Israel’s housing culture. Real estate developers who have caught on to the changing trend are storming the...

After an announcement, made at the beginning of the month, that the Purchase Tax on a second residential apartment would increase to 8%, investors and foreign buyers rushed to close deals before the law came into effect on November 28. According to the proposal made by Finance Minister Avigdor Lieberman, Interior Minister Ayelet Shaked, and...