Real Estate

Neighborhoods in Jerusalem - Beit HaKerem Exploring the Quiet Allure of Beit HaKerem and Ramat Beit HaKerem in Jerusalem   Nestled in the western part of Jerusalem, Beit HaKerem and its upper section, Ramat Beit HaKerem, offer a unique combination of history, culture, and real estate opportunities. The charm of these neighborhoods, both of which are rich in character and promise, makes for a...

Rights and Responsibilities of Landlords and Tenants in Israel Renting an apartment in Israel is governed by the Tenancy and Borrowing Law, 1971, which outlines the rights and obligations of both landlords and tenants. Properly managing a rental agreement requires understanding the legal framework and ensuring careful drafting and signing of the lease. Landlord’s Rights and...

Considering Buying Land for Construction? Key Information About Land Purchase Tax Land Purchase Tax for Land Designated for Construction Important to Know: When purchasing land where development expenses have not yet been fully paid, the purchase tax (6%) will also apply to the development costs of the land. This could amount to additional costs ranging from thousands to tens of thousands of shekels,...

A foreign buyer interested in purchasing real estate in Israel can generally follow these steps: 1. Research and Market Understanding Property Selection: Research the type of property and location that suits your investment or living needs, whether it's residential, commercial, or land. Market Study: Familiarize yourself with the Israeli real estate market, including price trends, taxes, and...

Jerusalem urban renewal - TAMA 38 plan TAMA38 blog "TAMA 38" refers to a set of Israeli building regulations and government initiatives aimed at reinforcing and renovating buildings to make them more resilient to earthquakes. The name "TAMA" is an abbreviation for "Takanat Magen Adom," which translates to "Life-Saving Strengthening." Here are key points about TAMA...

How do i know which neighborhood to live in Jerusalem Neighborhood to live in Jerusalem Choosing the right neighborhood to live in is a significant decision, as it can greatly impact your daily life and overall happiness. Here are some steps to help you determine which neighborhood is the best fit for you: Define Your Priorities: Start by identifying what's most important to you in a...

Using a real estate agent, is that an advantage? Real estate agents can provide several advantages when buying or selling property. Here are some key advantages of working with a real estate agent: Market Knowledge and Expertise: Real estate agents have in-depth knowledge of the local market. They understand current trends, property values, and neighborhood dynamics. This expertise allows them...

Foreign buyers Can a foreigner buy apartment in Israel Yes, foreigners are generally allowed to buy apartments in Israel. The Israeli government encourages foreign investment in the real estate sector and there are no specific restrictions on foreigners buying property. However, there are certain considerations and procedures that need to be followed: Acquisition of Property: Foreigners...

Staging apartments is a valuable strategy that can significantly enhance the appeal and marketability of a property, ultimately helping to sell or rent it more quickly and at a higher price. BAKA PENTHOUSE ASHER STREET Here are some ways in which staging can be beneficial: Enhancing Visual Appeal: Staging involves arranging furniture, décor, and accessories in a way that showcases the...

The Taxation System in Israel - Emphasis on "Foreign Residents" and "Senior Returning Residents"   The tax method in Israel is the “personal” method. Which means: A person who is considered a "resident of Israel" for tax purposes is required to report his income from all sources of income in Israel and abroad, once a year in his annual report to the Israel Income Tax Authority. A person...