What's Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

What's Happening in the Israeli Real Estate Market? | Perspectives on the Housing Market in Israel

Over the past month, the Israeli business press has been flooded with numerous articles and interviews concerning the state of the Israeli housing market. After seeing a steady increase in housing prices since 2007, at an average rate of 12% a year, prices rose over 15% in the last year, prompting many in the press and public to claim a bubble, due to these numbers being out of the norm for a developed country.

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Israeli Real Estate Taxes are Amongst the World’s Lowest | How Will the Israeli Housing Market React?

Israeli Real Estate Taxes are Amongst the World’s Lowest | How Will the Israeli Housing Market React?

While many often complain about the relatively high rate of taxes here in Israel, there is a dim of light – Real Estate Tax. According to a new study comparing Israel, the United States, Japan, France, Russia, Spain, Canada, and Australia, real estate taxes in Israel came out to be the least amongst the group for a first hand apartment. For a second hand apartment and capital gains tax while selling, Israel was in the middle of the pack, not to be expected for a country known for its high tax rates.

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Israeli Real Estate Taxes are Amongst the World's Lowest | How Will the Israeli Housing Market React?

Israeli Real Estate Taxes are Amongst the World's Lowest | How Will the Israeli Housing Market React?

While many often complain about the relatively high rate of taxes here in Israel, there is a dim of light – Real Estate Tax. According to a new study comparing Israel, the United States, Japan, France, Russia, Spain, Canada, and Australia, real estate taxes in Israel came out to be the least amongst the group for a first hand apartment. For a second hand apartment and capital gains tax while selling, Israel was in the middle of the pack, not to be expected for a country known for its high tax rates.

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Tel Avivians Against Historic Preservation?

Tel Avivians Against Historic Preservation?

Next week Tel Avivians will celebrate “White Night”, the anniversary of UNESCO’s bestowing of the honor of a UN World Heritage Site onto Tel Aviv’s White City. The White City, a collection of over 4000 Bauhaus, Eclectic, and International Style buildings dating from the city’s birth in 1909 to the end of the 1930’s, is the world foremost site of the Bauhaus architectural style, the vast majority of the school being destroyed by the Nazis throughout the 1930’s and 1940’s.

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Israeli Housing Prices Up 15.3% In 2011

Israeli Housing Prices Up 15.3% In 2011

The Israeli Central Bureau of Statistics reported this week a number of interesting figures in regards to our real estate market here in Israel. Despite […]Read more

There ARE High Return Yields in the Tel Aviv Metropolitan Area, and on the Beach!

There ARE High Return Yields in the Tel Aviv Metropolitan Area, and on the Beach!

While we all know that the days of high yield returns in Central Tel Aviv for the average investor have passed, there are still some viable options to make in excess of 3.5% in areas farther afield in Jaffa and Herzliya. An investor can expect an average return of 2.5 – 3% in Tel Aviv. Unfortunately, sellers have already calculated the maximum the property could ever possibly be worth and take this out on the buyers. Fortunately, there are other options out there.

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