The “Price for Resident” (מחיר למשתכן) program is an Israeli government initiative aimed at making homeownership accessible for first-time buyers, especially young couples and families. Launched in late 2015 under the leadership of former Finance Minister Moshe Kahlon, this flagship program offers significant housing discounts by subsidizing land costs for developers, enabling them to sell […]
Discover TAMA 38, a vital urban renewal plan in Israel aimed at strengthening pre-1980 buildings against earthquakes. Owners benefit from upgrades and added safe rooms.
If you are looking to buy a home in Israel, understanding the various mortgage options available can help you make an informed decision. Below is a basic overview of common types of mortgages in Israel: Index-Linked Mortgage: Your monthly payments adjust based on changes in the cost of living. You can choose between fixed, variable, [...]
View average prices of rentals in some of Israel’s major cities When choosing a place to live in Israel, understanding the rent prices is crucial for budgeting and planning. Different cities offer various rent ranges, reflecting their unique living conditions and local amenities. This guide provides a detailed look at average rent prices for two […]
Affordable homes in Israel are becoming increasingly scarce as property prices rise. Overview of Current Property Prices In the first quarter of this year, the average price for an apartment in Israel reached NIS 2.23 million (approximately $614,700). This marks a 3% increase compared to the last quarter of 2023. Challenges for Potential Buyers This […]