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Category Archives: Uncategorized

How Much Would You Pay for an Apartment Overlooking the

Apr 23, 2017
Resident’s of the Old City’s Jewish Quarter have known better days, real-estate-wise. Once upon a time the sky was the limit to housing process there. No matter what the assessor decided, sellers would do as they pleased. The owner was the agent, assessor, and the one who promoted the sale, ...

Caesarea: No Longer the Exclusive Province of the Super-Rich

Apr 06, 2017
Where can you find a house with a garden a ten-minute walk from the beach for only NIS 2.4 million? Turns out it’s in the most unexpected place in Israel: Caesarea!  What’s going on in the real estate in the historic port city? The name Caesarea conjures up associations of ...

Now Is the Time to Buy an Apartment in Ra’anana

Mar 05, 2017
Over the last year Ra’anana has seen a slowdown in real estate transactions, to the point that prices have dropped. Despite the worrisome data, now is the time to buy an apartment in Ra’anana, the sooner the better. Experts estimate prices will eventually catch up to those in verdant Hertzeliya. ...

Foreign Residents Prefer Their Smartphones: Deal Closed through Facetime

Feb 28, 2017
The Ministry of Finance is reporting a decline in the number of real estate transactions in Israel performed by foreign residents, especially in Natanya, but over the last few months the market has departed from the norm.   Last month a French buyer purchased an apartment using the Facetime app, ...

The KIAH Compund in Jerusalem: 10 Years Later, the Giant

Feb 02, 2017
In March 2008 the private entrepreneur Reuven Hochberg bought the Etz Haim Yeshiva compound on Jaffa Road in Jerusalem for $15 million, valued at the time at only NIS 54 million. It was considered one of the most interesting real estate transactions in recent memory.  During 2013 the compound reached ...

16,000 Apartments in North Tel Aviv or a Terminal at

Feb 02, 2017
Ranit Nachum-Halevi Tempers are flaring in Israel. The Master Plan for the development of North Tel Aviv in place of the Sde Dov Airport terminal is expected to receive approval of the Local Committee for Planning and Construction this coming Wednesday. The plan includes almost everything: 16,000 residences, parks, schools, ...

Almog Group Takes the Vanguard in Modiin’s Urban Center: “An

Jan 30, 2017
Ranit Nachum-Halevi When the Modiin Municipality decide to plan the downtown area of Modiin-Maccabim-Reut, it basically decided to alter the entire planning picture of the city to date. Form a city comprising many discrete, independent neighborhoods, the municipality has planned, for the first time, an Urban Center that will connect ...

Between Imagination and Reality: How to Identify the Planning Trap

Jan 29, 2017
Ranit Nachum-Halevi In the brochure it always looks better. The planned towers enjoy an expansive view, the home is spacious, the living room windows face the sea, and the place is just dreamy. In actuality, when you move in your dreams get dashed: dozens of other buildings surround yours, and ...

Foreign Resident from New York Buys Three Luxury Apartments in

Jan 29, 2017
Ranit Nachum-Halevi The Isratransfer Corp., representing clients from abroad who wish to conduct business in Israel, handled seven real estate transactions in Jerusalem this month. The company reports that six such transactions took place with residents of New York and Los Angeles, one of whom bought three apartments in the ...

The Yitzhaki Group is Selling The Last 10 Suites in

Jan 01, 2017
The Yitzhaki Group is offering for sale the last 10 vacation suites at the Herods Hotel in the Hertzliya Marina.  There are numerous different types and sizes of suites, starting from 58 square meters with 2 rooms, being offered for 4 million shekels and upwards.  Suites measuring 85 square meters ...

“Israel Doesn’t Encourage Jews to Buy Property in Israel”

Dec 21, 2016
Ranit Nachum Halevi “Through the years Israel has encouraged immigration. The invitation to immigrate was manifest in many ways, among which was a tax break for buyers of residences in Israel. But now, tax constraints and complex bureaucracy are posing obstacles to and preventing immigration. There are no more tax ...

Dizengoff Square Descends to Street Level – a NIS 60

Dec 21, 2016
Ranit Nachum-Halevi   This Wednesday (Dec. 21) one of Tel Aviv’s defining moments will take place. Currently the municipality is preparing to disconnect the main fountain in Dizengoff Square. The move includes dismantling of the exterior portion of the fountain, a work by artist Yaakov Agam called Fire and Water, ...

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