Should You Buy a New Apartment On Paper?
With the great lack of new apartments here in Tel Aviv, people are turning to buying their new homes on paper, sometimes three or four years before they will be able to move in. In many cases, these building projects have not even received their building permits yet, increasing the possibility of a longer wait time. That being said, however, in a real estate market such as Tel Aviv’s, buying a new apartment, on paper, could be your best option.
For more, please read this article, courtesy of Haaretz.