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Our Blog - Your Knowledge

About Real Estate in Israel

February 17, 2020

With the recent news that “Tama 38” as we know it is coming to an end in October 2022, and with this being such a popular investment theme for our clients in recent years, below we take a quick look at this decision and its ramifications.

For those of you who have been asleep the last few years (!), a quick recap.

Tama 38 was a plan approved in 2005 to provide a solution for the...

February 9, 2020

It's time for our annual purchase tax update. Whilst you all know by now that purchase tax on Israeli property is staggered, the property values that the tax rates are applied to are updated on annual basis - in line with inflation

Therefore below we give you 2020's figures, which are important to help you budget properly when buying your next home in Israel!

The regular ca...

February 1, 2019

There is no doubt that one of the major tools that the government has been using to combat rising Israeli real estate prices in the last few years has been the high level of purchase tax for foreign residents and investors alike.

Whilst the actual tax rates do not change on a regular basis - only when the government deems it necessary - the property values that the tax rates ar...

June 15, 2018

Beer Sheva has seen a boom in development and construction for the best part of this decade, positioning itself as the hi-tech centre of the desert, and planning to grow from Israel’s 7th to 3rd largest city. Tens of thousands of new units have been or are being built, and real estate prices in recent years, perhaps even more so than many other cities in Israel, have seen stro...

February 12, 2018

When buying an apartment in a new development in Israel, a sigh of relief is usually heard once the building's shell is standing tall and proud. You can finally see the bricks and mortar that you have been pouring your hard-earned cash in to, assuming that you are about to reach the finish line and move in to your new home.

In actual fact, this is the point where the "fun"...