Israel is a growing country. With one of the highest birth-rates in the developed world, as well as ever-present immigration, the need to cater for the growing population fuels a constant need to build new homes. Indeed, insufficient new building is agreed to be one of the main factors, if not the main factor, that has contributed to the large rise in real estate prices in Israel over recent years. For many buyers, both foreign and local, buying in a new development in Israel