A golden opportunity has arisen for foreign buyers to purchase homes in Israel. A window has opened that may not last very long. Let’s take a deeper dive into what is going on in Israel to understand this. Let’s start with the state of Israel’s real estate market. The term the Israelis use is...
Once an apartment in the posh Rehavia neighborhood was the trophy for foreigners looking to buy in Jerusalem. With the remaking of King David Street, its five star hotels, and luxury apartment complexes, like Keter David and King David Residence, the action shifted eastward to Mamilla. Why not? It was even closer to the...
Israel is a small country, but has 273 kilometers of coastline. That’s great for real estate where beachfront properties command high premiums over other similar properties situated nearby. Beachfront property however is no longer realistic for most people, especially given that hotels generally have the deep pockets and the need to go after these...
In Israel as with any real estate market space is a commodity that is limited. While there is plenty of land in the world, the places where everyone wants to live are mere specs on the map. So in an already overcrowded urban area how do you satisfy the growing demand? Simple, Build UP!...
The Reading electric station is one of the iconic buildings in Israel. Many a young man has proposed at sunset against the backdrop of a colorful sky reflecting off the waters of the Mediterranean Sea, just north of the pedestrian Tel Aviv Port. Always searching for new profits to fill its coffers, the Israeli...
It was once understood that as a professional making Aliyah you would probably need to travel to Tel Aviv to make a living, but all that is changing today. All the rage in Jerusalem the last few years has been with residential buildings replacing old worn down industrial areas (think Romema for example). These...
As Israel is not as service oriented or as developed in some ways as the US market, up until 10-15 years ago there were few Israel mortgage brokers out there. Israelis tend to not want to pay for extra layers, and for the most part dealt with the banks by themselves. Naturally it was...
In a country like Israel, the tourism industry moves forward by baby steps. A new hotel, a new attraction, mall, restaurant etc. It is not very often that something really big happens that changes the playing field. Well, a major attraction is about to shake things up. Welcome to Design City, Israel’s most ambitious...
As of last year May 2020, if you want to make Aliyah you will need to be fingerprinted for an FBI background check.The Israeli interior ministry does not want Israel to be a safe haven for criminals trying to escape justice. This new requirement was announced by Nefesh B’Nefesh May 2020. The truth of...
Good news for you Tesla fans who want to make Aliyah but can’t bear to be too far from a Tesla dealership. The first shipment of Tesla cars arrived in Israel more than a month ago and the second arrived just recently. Unless you preordered one of these 3,000 cars, you can forget about...