Real Estate News - Page 5

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Tax Relief for New Immigrants in Israel

The Knesset Finance Committee has recently approved significant tax measures aimed at encouraging immigration to Israel. These new provisions, effective from August 15, 2024, aim to facilitate real estate purchases for new immigrants by granting them reductions in the acquisition tax. These
4 August 2024

Real Estate in Israel: Construction Permit Reform

The recent reform in Israel allows developers to obtain construction permits directly from the national planning authority, bypassing prolonged local committee delays. This law aims to significantly reduce wait times, currently up to three years, for obtaining a building permit. It applies
10 July 2024

Recovery of the Israeli Real Estate Market

The Israeli real estate market is showing signs of recovery despite economic and geopolitical challenges. This positive trend is driven by several factors, even in a period of high-interest rates and ongoing conflicts. Factors of Recovery: Housing Need: Israelis prefer purchasing properties
7 July 2024

Rising Real Estate Prices in Israel

Current Situation: After a temporary decline, housing prices in Israel have risen by 4.4% over the past five months. Key Factors: Supply and Demand: A persistent imbalance between high demand and limited new housing supply continues to drive prices up. Economic Conditions:
26 June 2024
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