News

Debbie Goldfischer of Buy-It In Israel will be joining the delegation of real estate representatives in the annual “Israel Property Exhibition” in London. The event will take place on Sunday 3 April, 2016 at Kinloss Synagogue, Finchley between 10.00am and 6.00pm.

Sales of new homes in Israel increased by 17.3% in January 2016 compared to December 2015. In January 2016, 4360 new homes in Israel were sold, of which approximately 68% were for purchased by buyers for residential purposes and the remaining 32% were bought for other purposes including investment, purchasing groups, rental programs, etc.  Thus indicates preliminary...

In light of the high cost of housing in Israel and the near impossibility for many people – mostly young couples – to buy their own homes, Israel’s Finance Minister Moshe Kahlon, together with the Ministry of Construction & Housing, has introduced a new formula for the affordable housing program “Mechir Lemishtaken” (Buyer’s Price). Within...

Americans wishing to invest in residential real estate in Israel should consider both the US and the Israeli tax implications of their investment. While Israel imposes different taxes on foreign investment in Israeli real estate, the US has a policy of taxing its citizens on worldwide income and reserves the right to disregard most provisions...

When buying or renting a property in Israel it is important to find out if and how the building is maintained and the magnitude of the fees involved, before signing a contract. In Israel the maintenance or management of an apartment building is determined by a committee of homeowner representatives called Vaad Bayit or building committee.

The builder (‘kablan’) is showing me plans of new homes in Israel that I’m considering buying. The plans look great.  But does that mean that this home is right for me? The location is good; the price is within budget, and from what I can understand of his color brochure, the layout is practical.  It looks...

Israel is located on a seismically-active fault line known as the Syrian African Rift and the possibility of earthquakes of high magnitudes pose a threat to millions of people and their property – in the region. To experts in the field, it is not a question of will there be an earthquake, but rather when...

When buying property in Israel, one should bear in mind that there is a wide range of names given to the different types of homes which reflect both their form of structure and their degree of privacy.

Many foreign residents purchasing real estate in Israel are surprised by the prevalence of illegal extensions to the apartments they view prior to finding the property they will ultimately purchase. This phenomenon has its roots in many different factors, including the complicated and drawn out process for obtaining building rights and permits in Israel; the costs involved which can...

In a concerted effort to bring down prices in the residential real estate market, the Israeli Government has recently implemented a number of reforms in the regulations connected to real estate transaction taxes (purchase tax and capital gains tax in Israel). While most professionals in the field would agree that the reforms have not achieved...