2019

Prime Minister Netanyahu announced that at the end of the discussions regarding the Sde Dov case, the airport will close its doors at midnight as planned. However, residents of Eilat will receive assistance in return. Notably, funding for travel expenses for medical treatments and air transport to the center of Tel Aviv. Furthermore, the state will modernize Terminal 1 for an amount of 230 million...

The increase in rents in Israel. A survey has established that out of approximately 3,000 rental apartment listings in 16 major cities across the country, prices have risen. Also read: Spread of Airbnb apartments in Tel Aviv… The survey measures the evolution of rental prices over the last 6 months. The data from this survey, filtered and associated with figures from the Central Bureau of Statistics...

Euro / Dollars / Shekel : The dollar is up by 0.2% and is trading above 3.6 NIS. In Turkey, following the opposition's victory in the Istanbul mayoral elections, the local lira is rising. Read also: The owner of American Eagle is selling seaside villas in Herzliya The shekel has weakened against the major currencies of the world - the euro has jumped by 1% to 4.1 NIS, while the dollar has strengthened...

Kibbutzim and Moshavim transformed into residential areas. This initiative is one of the most important measures taken by the government in recent years. Notably to quickly increase the number of apartments. The return of agricultural lands from the kibbutzim and moshavim to the state in order to transform them into residential areas. One of the clauses allowing communities to sell their land rights to...

Transformation project for developing cities into residential, economic, and cultural centers A new government initiative aims to enable significant investments in developing cities. Notably, by developing a social business plan for each city. Alongside the establishment of new high-density population centers. The pilot project for transforming developing cities, launched in the first four cities. Young...

Hay Shotenstein offers 14 villas for sale in Herzliya. A pathway to the beach will lead residents of the neighborhood directly to the sea or to the nearby Arena Mall. The price: 12.8 million NIS Also read: For sale in Tel Aviv: a plot for a luxury tower worth a quarter of a billion shekels Not just fashion American Jewish billionaire Hay Shotenstein, majority shareholder of the clothing company American...

Yeruham is set to become, without a doubt, the future capital of cannabis in Israel. Cannabis instead of cosmetic products: the government will assist entrepreneurs in creating greenhouses for the cultivation of medical cannabis and manufacturing plants in Yeruham. Among the benefits are job grants. Read also: Have you paid taxes on the sale of a property in Israel? The solution to receive a significant...

The Kochav Hatzafon neighborhood located in the northwest of the city is considered a quiet and prestigious area, characterized by university residents engaged in liberal professions and an excellent educational system. Apartment prices vary depending on the age of the building and the view it offers - of the sea, the neighborhood, or Hayarkon Park. So, how much will you pay for a 3-room apartment? Kochav...

The ex-wife of David Fattal recently purchased the eighth and top floor of the 500 square meter investment project by Eldar Investments in Holon and plans to rent out the offices. Read also: Increase in Arnona: How much will you pay? Mrs. Fattal, business in her blood Hadassah Fattal, ex-wife of businessman and owner of the David Fattal hotel chain, is expanding her investments in real estate and has just...

Omer Adam bought a 200 square meter apartment on Kikar Hamedina in Tel Aviv. In last December, the local urban planning and construction committee of Tel Aviv-Jaffa made a controversial decision. It granted an excavation and burial permit for the massive project of the Kikar Hamedina. It should be noted that it is one of the most expensive and sought-after neighborhoods in the city. In the project, the...