Why Buy Property in Israel?

Interesting times demand interesting answers. Our clients think that investing in real estate in Israel is a wise move today  & here are some reasons why:


RISING VALUE:

~Annual values for the first three months for four-room houses – which are included as examples because there are so many of them and they are fairly typical  – rose around 4% on average in Tel Aviv. Prices hit 7% in Jerusalem to an average of 1.902 million shekels (US$500,000) Adrian Bishop, June 1. 2015


~Israel's real estate prices increased 4.6% in 2013, a similar rate to 2012, showing few signs of abating, according to a Justice Ministry's Land Assessment Division report released Sunday.   The study examined transactions of four-room apartments, which it said were the most commonly bought and sold in the real estate market, and best represented the overall market.  (Jerusalem Post, Feb 23, 2014)


OPTIMISM:

~ Talking exclusively to "Globes," Zandi (Dr. Mark Zandi, chief economist of Moody's Analytics) expresses great optimism about the economies of Israel, India and the US, alongside pessimism about China, Japan, Russia and Brazil. Nevertheless, he admits that the inequality in the US is a problem that will only worsen. Globes, May 17, 2015


~Banking policy is one of the reasons that Israel didn’t suffer a property crash along with much of the rest of the world in 2008. Instead, house prices have risen steadily over the past 7 years by an average of 1% per month, and this trend looks set to continue. Some commentators are predicting that the ‘bubble’ will burst, but Israel’s real estate sector is not always driven by the same factors as other markets. For example, high birth rates and strong immigration (Aliyah) from western countries keep demand high, together with the popularity among diaspora Jews for owning a home in the Holy Land.-(Price Dwelling Index)


~  Increasingly fraught Israeli-Palestinian relations are having a negative impact on the country's business environment and the commercial real estate market is no exception. That said, our overall forecast for the sector over the coming months is stability, owing to robust demand and a relatively low supply of new properties during the past few years.- (Business Monitor International August 2014


SAFE LONG TERM INVESTMENT

~The number of Israelis owning 10 or more housing units is up 79% since last August, the Tax Authority reports. Globes, May 17, 2015


 

Learn more about 
Israel Return Buying Services

Learn more about 
David Chernin


 

Friend me on FB

Can't find what you're looking for? ZiGi's here to help your search:

site search by freefind advanced

 


Owners & Renters can now PAY ONLINE:

Property Owners

 Management Invoice

 

Vacation Renters

 Apartment Deposit

 


 

 

 

 

 

for Delicious Food Delivered Right to Your Door

 

 

 

 

 

Visit your great-great-grandparents in Hebron guided by the people who live there.