Frequently asked questions about new buildings in Israel
Which new buildings in Israel are in particular consumer demand?
Buyers more often purchase apartments in residential complexes in Israel, built according to the “city within a city” principle. Such properties attract investors due to the development of their internal infrastructure. Particular preference is given to new buildings with views of the coast.
What is the average value of a sq. meter of housing from a developer in Israel?
A square housing estate in Israel costs from 4 to 7 thousand euros. Exact prices depend on the location of the property, the class of housing, and the availability of repairs. At the excavation stage, a square is 10-20% cheaper than the market.
What benefits does a buyer get from purchasing an apartment in a new building in Israel?
Investment allows you to live in a developed country with a mild climate and a large number of places for leisure activities. Purchased housing can also be used to organize a tourism business by renting it out.
What documents are needed to purchase real estate from a developer in Israel?
To purchase new apartments and apartments, you only need a passport. If you are purchasing a cottage or villa on state land, you will additionally need permission from the Israeli Land Authority.
