Why Real Estate Investments In Israel Are Considered Good

Buy sell Property & Real Estate Investment Guide

Buying Property Tips#1: Choose the Right Location
Before you choose a location, it is of utmost importance that you consider the development prospect of the area. Other factors to consider here is crime record of the area, availability and nearness of public facilities and utilities.
Buying Property Tips#2: Study the Local Market Dynamics
It is important to get well familiar with the local realty market. Learn the variation in property prices by street. Don’t shy away from asking a few realty investment agents questions to get better insight on the matter.

When you are planning to make real estate investments, investing in Israel may not be your top most priority. This is where you will lose out on one of the biggest opportunities of our times. Israel's economy has long been praised to be among the most stable and strong economies in the world. Even during the global financial crises, Israel's economy continued to perform strongly. Unlike the rest of the world, the real estate bubble did not pop here, and that is why, apartment investing in Israel is still a great idea.

Apart from having a very strong economy, Israel also has a great reputation for helping startups launch their ideas – earning itself the nickname of 'startup nation'. Owing to a favorable economy and the willing of people to invest within the country, the real estate prices in Israel have remained very strong. The country also offers you a choice of purchasing old properties, or investing in new ones. The question, however, is why you should choose to invest in apartments in Beer Sheva, as opposed to apartments in any other city across the world? Here's why.

Buying Property Tips#3: Choose the Right Property
Getting the right property right away is quite unlikely. First, you need to be clear on why you want to buy an investment property. After that, you will be able to make right decision based on factors like remoteness or accessibility of the property.
Buying Property Tips#4: Do the Math Properly
Get a precise idea on the value of assets you have available. If you are investing in rental property, make sure you can easily cover the mortgage payment through rents. Additionally, get a clear idea on the appraisal value of the property beforehand.
Buying Property Tips#5: Consider Additional Expenses
When purchasing an investment property, it is not only the selling price that investors need to consider. There are various additional expenses such as property tax, home owner’s insurance, repair & maintenance that must be considered.

  • Israel is one of the few countries where you can buy or book a property even before the builder has begun to build it. In fact, real estate investments on properties that have just been announced, will offer you almost 30% of discounts. Once the property starts constructing, the prices will immediately go up. If you have made an investment, you will have receiving handsome gains by the time the property has finished construction.
  • The Israeli government works hard to ensure the safety of investors' money. The law has a lot of clauses within itself that protects the interests of the investors. It alludes to the quality of the product sold by the seller, and the conformity to all the terms of the contract. If the seller fails to meet any of the clauses in the contract, the Israeli law offers appropriate remedies for it.
  • When you are buying a property directly from a contractor, you not only get the property free of any attachment, but also get the right and the freedom to design your home just the way you want it. You can add some structures to it, or pull out a wall or two to create your own unique space. You can even have the seller do it for you at an agreed price.
  • Buying a new property, and renting it to get active income from it is completely possible when you are making an investment in Israel. It is easier to rent out a new apartment, and you can do so at a much higher price too. In fact, these real estate investments in Israel can create both active and passive income for the investors. If as an investor, you choose not to live in the property, it can be rented out to create active income. If you choose to live in the property, its price will keep going up and you can later sell it off at a high premium.
Buying Property Tips#6: Inspect the Property
To ensure that you are getting everything you are paying for, a thorough inspection of the property is essential. Besides ensuring that you are not overpaying, a rigorous property inspection also gives you a good estimation on what the additional expenses might be.
Buying Property Tips#7: Pick the Right Financing Option
While interests on investment property loans are tax free, some borrowing costs aren’t immediately tax deductible. Knowing that, and structuring your financing in accordance is crucial. Don’t hesitate to ask for help from a financial advisor.
Buying Property Tips#8: Invest through Equity
One of the best ways to purchase an investment property is to leverage the equity of another property (including your primary home). This is a preferable way among regular investors, especially due to added tax deduction advantages.
Updated: December 27, 2017 — 10:54 am
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