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In what way is the selling and purchasing process different in the Israeli
market compared to the U.S. or other countries around the world? click
to view answer |
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In what way is the selling and purchasing process different in the Israeli
market compared to the U.S. or other countries around the world? |
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indeed there are many differences between the real estate market in Israel and
the markets in the U.S., Canada, Europe and globally. These differences are the
result of legalities, economics, or simply a matter of a different mentality.
For example:
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When purchasing a property, be it a home or a flat, in Israel, note that it
usually will not include appliances or closets. |
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Most real estate markets around the world have one currency, however you will
find in Israel pricing in NIS, Dollars or Euro. As a result, you need to take
into the calculation converting fees. |
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Don’t be alarmed when the broker represents both sides of the deal, it is not
uncommon in Israel. |
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Long term rental contracts in Israel/ Jerusalem are usually no longer than 2-3
years. |
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For a full detailed explanation don’t hesitate to
contact us , we are aware of how intimidating it is to purchase or sale in a
foreign real estate market, with 23 years experience we will guide you through
the entire process. |
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I've heard that real estate is one of the most reliable long term investments
one can make, what return on my investment should I expect when purchasing a
residential apartment, house or property in Israel, and more specifically in
Jerusalem? click to view answer |
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I've heard that real estate is one of the most reliable long term investments
one can make, what return on my investment should I expect when purchasing a
residential apartment, house or property in Israel, and more specifically in
Jerusalem? |
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Investments in Real estate are a fine investments for the long term returns.
Unlike the real estate market in most countries, in Jerusalem you will find the
rental return rate is 3-5% of the property value.
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When buying or selling real estate in Jerusalem, What is the negotiation process
like?
Would you say it is standard or should I be expecting a cultural
shock? click to view answer |
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When buying or selling real estate in Jerusalem, What is the negotiation process
like?
Would you say it is standard or should I be expecting a cultural
shock? |
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Typically in Israel when buying or purchasing a home flat or any type or
property Negotiations are held in meetings face to face or via brokers or
lawyers, offers are not necessarily made in writing. Keep in mind only a signed
contract is legally binding. However you never sign a Memorandum ("Zichron Dvarim") without your lawyer.
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Is this a case of selling property of Jewish Settlements? click to view answer |
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Is this a case of selling property of Jewish Settlements? |
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We at "Teperberg Realty" Ltd focus on neighborhoods with in Jerusalem, primarily with the more exclusive and unique ones, including: German & Greek Colony, Talbieh, Rechavia, Baka and Old Katamon.
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