Housing

The Trendy Zimmer!

The trendy option now: The Zimmer We all have a vocation to take a break from everything, rest for a few days, and let ourselves be tempted by a part of the "North Zimmer"... Read also: Tzimmer in the heights of the Sea of Galilee Quality, tranquility, and all sorts of terms that refer to affordable vacations with many advantages of escape and relaxation have prompted many Israelis to try an experience...

Survey: 5.6% Increase in Rents in Israel

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...

Project to transform developing cities into residential, economic, and cultural centers

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...

Did you pay taxes on the sale of a property in Israel? The solution to receive a significant portion of the amount back.

À la différence des taxes sur les différents bénéfices inclus dans les lois fiscales générales, les taxes pour l'achat de terrains sont soumises à une imposition séparée : The capital gains tax. The property improvement tax is a tax payable on profits from the sale of real estate or their shares: Agricultural land that has become buildable. Increase in a construction rate in a residence....

Drawing for the next “Mehir Lamishtaken”: December 31, 2018

The Ministries of Finance and Housing are expected to publish next week the seventh lottery of the "Mehir Lamishtaken." The lottery, which will likely be published on Monday, the last day of 2018, is expected to be smaller than its predecessors and will only include 2,000 to 3,000 apartments. The final number of apartments available for rent largely depends on the success of the ILA land auctions, which...

The new Arab city in the north is on its way!

The new Arab city in the north is about to be born: the plan proposed by the Ministry of Housing to build a new neighborhood with 8,000 housing units in the local council of Jadida Makar, in Western Galilee, has been submitted for public objections. With a plan approved by the Israeli Land Authority, 14,600 housing units will be built in the neighborhood, making the council a new Arab city. The first...

Remax CEO: “In 2019, we will see a single-digit price increase”

A summary of 2018 in the Remax chain also reports some price increases, but the chain fears that the government will continue to intervene in the housing market, as "2018 was an interesting year in real estate, it was different from what we have known in recent years," said Bernard Raskin, CEO of Rasmus Israel. Network data for the past year indicates some price increases, with each city having different...

Authorization for the construction of a new neighborhood in East Netanya

The Planning and Construction Committee approved on Monday a plan for a new residential neighborhood in eastern Netanya. The plan includes residential buildings totaling 3,500 housing units, a public transport terminal, a shopping center, educational institutions, and a park with an amphitheater covering an area of approximately 110 dunams. The plan, which covers a total area of 875,000 square meters, is...

Fine of hundreds of thousands of shekels for construction offenders

Companies operating in illegal buildings have already received warnings before the fine, which could amount to hundreds of thousands of shekels without trial. The phenomenon of illegal construction is set to expose its perpetrators to considerable economic risks starting tomorrow, with the introduction of new regulations aimed at intensifying sanctions. The regulations developed by the Ministry of Justice...

Building in Israel

Investing or Building in Israel How to build your house? First and foremost, it is obviously a matter of finding and purchasing the land intended for construction and verifying Many costs related to infrastructure will need to be anticipated from the start: earthworks, paving of the road, installation of water pipes, connection to sewage, electrical connection, gas, and telecommunications systems,...

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