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A case of several hundred apartments in the heart of Tel Aviv…

Will hundreds of apartments in the heart of Tel Aviv come to fruition? Ronit Raphael is studying a construction project for 200 apartments on Bazel Street in Tel Aviv Read also: Exclusively for singles and couples without children: Lottery for 50 apartments for rent in Tel Aviv Businesswoman Ronit Raphael, owner of an international chain of cosmetic institutes, is considering merging two plots of land....

Hadassah Fattal bought an office floor in Holon for 10 million shekels

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...

Singer Omer Adam bought an apartment in the Kikar Hamedina tower for 15 million NIS

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...

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....

The Fattal hotel chain creates a second branch of workspaces in Raanana

Six months after the Fattal hotel chain announced its intention to enter the co-working space market, the chain finalized a transaction in which it would lease 3,500 m² in the industrial area in the north of the city to create a complex of shared workspaces. The building includes 10 floors of offices above a commercial floor, with Fattal leasing the top two floors of the building (9,10), totaling 3,500...

Closure of Sde Dov Airport: The Debate Continues!

The Minister of Defense, Shaul Mofaz, will review the recommendation to close Sde Dov Airport, announced Sunday by the Knesset's Interior and Environment Committee. During the meeting, Knesset members were asked to decide whether to request the new Minister of Defense, Prime Minister Benjamin Netanyahu, to reconsider the decision to close Sde Dov for its military activity, which is also subject to civil...

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...

Azrieli reveals the design of the fourth tower: a 91-story spiral!

Look up: a spiral tower of 91 floors will connect the three Azrieli towers in the center of Tel Aviv: round, square, and triangular. This morning, the Azrieli group, chaired by Dana Azrieli, was unveiled. The new tower will reach a height of 350 meters, giving it the title of the tallest tower in Israel. It will be built in place of the legendary Yedioth Ahronoth, at the center of the Menachem Begin axis,...

Sale of State-Owned Land: 2018 Year-End Report

The slowdown in the construction industry is affecting state coffers, but the amount of revenue is still the second highest after the peak reached last year. The significant slowdown observed this year in the residential construction sector has also impacted the volume of transactions signed by the Israeli Land Authority (ILA), which markets state-owned land to developers, according to data from the...

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