Rent or buy, what is the best choice? The decision between renting or buying depends on several factors, and there isn't a one-size-fits-all answer. Here are some considerations to help you make an informed choice: Financial Situation: Assess your financial stability and ability to make a down payment on a home. Buying a property typically requires a substantial upfront investment, while...
Real Estate
Why is Israeli property are expensive? Why is Israeli property expensive There are several factors that contribute to the high cost of property in Israel, including Jerusalem: Limited land availability: Israel is a relatively small country with a limited amount of land available for development. This scarcity of land, particularly in desirable areas, can drive up property prices....
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...
What type of land registry in Israel In Israel, the land registry system is known as the "Tabu" or "Tabu Land Registry." It is the official repository for recording and maintaining land and property ownership rights throughout the country. The Tabu is managed by the Israel Land Authority (ILA), a government agency responsible for the administration and regulation of land in Israel. The Tabu Land...
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 Importance of Using a Mortgage Broker and Currency Exchange Specialist By Aryeh Strickoff, Mortgage Broker and Currency Exchange Specialist **Even at the early stages of the buying process it is recommended to speak with a mortgage broker and a Currency Exchange Specialist to get an understanding of the process, so that your planning will be most productive from the start, and most successful in...
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...