Forbes: Israel is one of the world’s Up-And-Coming Real Estate Markets

The article cites that although Israel’s real estate market struggled in the late ’90s and early 2000s, last year prices climbed 2% and this trend is expected to continue, “given the country’s robust 5.1% 2007 growth in gross domestic product and a 3.8% projection for this year.”

Read the entire article here

High End Real Estate in Tel Aviv

High end real estate in Tel Aviv still in demand

Rental prices for luxury penthouse apartments in Tel Aviv remain high, despite the disasterous real estate ‘melt-down’ which is taking place across the U.S. and in the UK.  There has been a quiet speculation about Israel’s real estate market over the past several months.  Some real estate experts have concluded that the global housing crisis will not pass over Israel this time around and that it’s only a matter of time before the market comes crashing down like a ton of bricks. Others insist that Israel’s real estate market is healthy, resillient and yes,  even robust.  But there is something to be said about all of this ‘dooms day’ chatter. When experts talk about real estate in Israel, they are referring to small to medium priced, average, family homes that sell for less than 2 million shekels. We all know that in a recession, the little guy is the one who pays the price. Point in fact:   Tel Aviv’s luxury real estate market remains unaffected by the credit crunch. The wealthy remain wealthy and they are eager to buy up property in Israel so as long as the market remains steady.  

High end real estate listings in Tel Aviv 

 

Good news for property owners. If you own high end real estate in Tel Aviv, chances are you will prosper  owners of rental property that have made Israel their second home. High end real estate in Tel Aviv includes some of the most sought after properties in the center of city and as far down as Old Jaffa which is, technically, still considered Tel Aviv (hence Tel Aviv-Yafo).   Have a look at our High end real estate listings in Tel Aviv and browse through the property listings in Old Jaffa.  Looking for expensive Tel Aviv real estate? We provide the finest and most exclusive High end real estate listings in Tel Aviv.  Contact realtor@indik.net for further enquiries.

 

Good news for property owners. If you own high end real estate in Tel Aviv, chances are you will prosper  owners of rental property that have made Israel their second home.

High end real estate in Tel Aviv includes some of the most sought after properties in the center of city and as far down as Old Jaffa which is, technically, still considered Tel Aviv (hence Tel Aviv-Yafo).  

Have a look at our High end real estate listings in Tel Aviv and browse through the property listings in Old Jaffa. 

Looking for expensive Tel Aviv real estate? We provide the finest and most exclusive High end real estate listings in Tel Aviv. 

Visit luxury real estate website for further details

Buying a second home in Israel

Many Jews living abroad choose to invest in Israel Real Estate not only to have a reason to return to the Jewish state and ‘give back to Haaretz’, but also because they’ve visited the country and have experienced it’s extraordinary beauty and all that it has to offer. Nevertheless, committing oneself to buying property in Israel can be quite overwhelming. Purchasing a 2nd home is an investment property in Israel and a giant step towards forming part of the Jewish fabric.

When you choose to buy a luxury home in Israel and you need the assistance of a true Real Estate professional with an unparalleled level of expertise and experience in this particular type of real estate, I can be of valuable assistance. My name is Yoram Indik – realtor@indik.net -

For over 25 years, I have helped affluent families find luxury homes, private villas, exclusive estates and luxury apartments in some of Israel’s most exclusive neighborhoods. As a licensed real estate professional, I am able to assist English speaking, foreign home hunters interested in buying property in Israel.

Neve Tzedek Real Estate Home for Sale

Neve Tzedek Private Luxury Home

Neve Tzedek Private Luxury Home

Gorgeous Neve Tzedek villa was reconstructed in accordance with the original architectural splendor. The architect has given this Neve Tzedek villa a modern, state-of-the-art appearance which compliments the original eclectic style of the building. The renovated Neve Tzedek building merges old and new, intimate and extrovert. It includes new flooring with glass screen walls, high ceilings, the internal space is re-divided and re-designed, with a sculpted staircase and a roof top swimming pool. The size of the Neve Tzedek building also distinguishes it as a unique and extraordinary Tel Aviv real estate gem. The buyer of this unique Neve Tzedek home for sale will enjoy 500 sq.m. of built area, and a total 150 sq.m. of balconies and roof top space. The luxurious Neve Tzedek villa stands as a symbol of the renewed Neve Tzedek quarter, evoking a delightful delicate architectural work pf art unlike any other within a radius of many kilometers

Old Jaffa real estate

Israel Luxury real estate opportunity in Old Jaffa Port.

Old Jaffa Port Residence

A limited number of luxury condominiums are available in this seaside project.

Each apartment is eloquently designed by renowned Israeli architect Ilan Pivko. The Old Jaffa Port Residence luxury condominiums are truly a once in a lifetime opportunity to experience Israel’s ancient past first hand.

Encompassed by the glorious Mediterranean Sea, The Old Jaffa Port Residence is a sea front property, situated near prestigious Old Jaffa art galleries, fine restaurants and cafe’s.

Visit website information and development plans.

Capital Gains Tax

 

Captial Gains Tax in Israel

Capital Gains Tax (known as Mas Shevach, in Israel) is paid by a property owner that is selling a private home, apartment, land or commercial property (i.e., a store or office). The capital gains is a tax paid for the profit made on the sale of any real estate or property in Israel. Property owners that sell their home, land or commercial property in Israel are not exempt from paying the capital gains tax, although in some cases, property owners may be exempted from paying the Capital gains tax on apartments. This is conditional exemption which stipulates that if an apartment has been used for non-commercial, strictly residential purposes, the property owner may be exempt from paying a capital gains tax if:

1) the property owner owns more than one apartment and the apartment for sale was not sold or transferred over the last four years

2) the apartment being sold is the only apartment owned by the seller and if the apartment was not sold or transferred over the last 18 months

An experienced Israel Real Estate attorney will be able to clarify the capital gains tax issue for any property in Israel.

Tel Aviv penthouse for sale

Luxurious Tel Aviv penthouse over looking the Mediterranean sea. The 420 m2 penthouse is located on the 6th floor. It is a single-story penthouse with many luxurious residential amenities including a 24-hour security guard, swimming pool, residential spa and a private parking.

The penthouse comes equipped with a designer kitchen, top of the line bathroom fixtures, wood-deck terrace and walk-in closets.

Contact Yoram to arrange a private tour of this luxurious Tel Aviv penthouse

Tel Aviv Real Estate for Sale

Exclusive Tel Aviv Real Estate For Sale

Contact: realtor@indik.net to arrange private tour of the Tel Aviv properties listed

Tel Aviv Apartment for sale

in Bauhaus Landmark Building

Asking price: $1,000,000
Type: Apartment
Size: 122 sq.m

Exclusive Tel Aviv apartment for sale in fully restored Bauhaus building off of vibrant Rothschild street. This fabulous Bauhaus apartment features high ceilings, original hand-painted tile flooring, large old style windows and a sunny balcony. Tel Aviv’s popular Rothschild street is known for its trendy coffee shops, galleries and restaurants. The apartment is near cultural venues such as the Helena Rubinstein Pavilion and the Camry Theater. It is about 2.5 kilometers from sunny beaches of Tel Aviv.

Private House for sale in Tel Aviv

Price: $5,900,000
Type: Villa
Size: 500 sqm

The private 10 room villa meets the highest building standards available in a luxury home today. Located in the heart of Tel Aviv, near Tel Aviv Museum, the Tel Aviv Opera house and the Kikar Hamedina shopping center. The private home stands 3 floors, was designed by a well known architect. This bright and contemporary luxury home features high ceilings, a beautiful garden, a private cinema room and a fitness room.

Luxury Penthouse in Tel Aviv for sale

Price: ₪14,000,000
Location: Tel Aviv Center
Type: Penthouse
Size: 350 sqm

Tel Aviv Penthouse for sale

Park Zameret Luxury Tower
Price: $3,300,000
Type: Penthouse
Size: 300 sqm

Luxurious, large penthouse apartment in Tel Aviv, approximately 330 m2 on top floor of new Park Zameret luxury residential tower in center of Tel Aviv.

Tel Aviv Apartments for Sale

Bauhaus style apartments – 2-3-4-5-room apartments available NOW

Starting price: $2,700,000
Type: Apartments

This new, modern residential building in the Bauhaus spirit designed by one of Israel’s master architects, in line with the Vibrant Tel Aviv experience.

Located in the center of the city, the Bauhaus apartments were masterfully designed to ensure silence and quiet peaceful living while in the midst of the Tel Aviv action. Close to Tel Aviv beaches and within walking distance to all great cultural venues and entertainment. An extraordinary quality residence at the heart of the city,close to the sea.Constructionis exemplary and of the highest standards,offering modern design and an impressive amount of fine details,including Habitat Kitchens, ipe wood,balconies,air-conditioning and Grohe taps.

Herzliya Pituach Real Estate

 

Property for sale in Herzlia Pituach

 

Contact Yoram Indik – yoram@indik.net – to schedule private tour of these and other Herzliya Pituach properties

Herzeliya Marina apartment for sale

Price: $850,000
Type:Luxury Apartment
Size:85 sqm

Contemporary style interior design, this Herzliya marina luxury apartment is an excellent property investment opportunity in Israel. Ideal as a holiday flat. Windows and balcony with direct view to the sea and yacht harbor. This Herzeliya Marina apartment is for sale immediately. The building facilities include a private swimming pool, a fitness room, 24/7 security, maintenance. Near Arena luxury shopping mall, cafe’s and restaurant. Walk to Herzeliya beaches. Herzlia, Herzeliya, Herzliya Marina apartment for saleHerzeliya Marina apartment for sale

Classic Villa for sale in Herzliya Pituach

Price: $9,000,000
Type: Private Villa
Size: 900 sqm

This classic and elegant villa in Herzliya Pituach is an exclusive property near the sea, offering views to the north, south and west, as well as a spectacular view of the Mediterranean sea. This newly renovated Herzelia property has a swimming pool, jacuzzi, a fabulous garden and is within walking distance to Herzlia’s trendy seashore. The villa’s renovation features include wonderful terraces, ample parking, a separate service entrance and is zoned for additional extension possibilities.

Herzeliya Pituach villa for sale

Luxury homes in Herzeliya Pituach

Thinking about buying a villa or private luxury home in Herzeliya Pituach?

Herzliya Pituach has long been regarded as one of Israel’s most exclusive neighborhoods. Pituach is part of the city of Herzliya, (hence – Herzlia Pituach) and is located to west of the city center, near the Mediterranean sea. Herzeliya Pituach is famous for its clean white sand, groomed private beaches and multi-million dollar luxury homes reserved for ultra affluent Jews from Israel and from abroad. The Herzlia Marina has further added to Pituach’s reputation for being Israel’s playground for the rich. The Herzliya Marina is a favorite weekend hotspot for Yacht owners and boat enthusiasts. On clear days, luxury yachts and sail boats dot the horizon along Pituach’s groomed beaches and bustling Marina. The Arena shopping center, situated directly on the Marina, hosts several restaurants and trendy cafes.

A new road has eased the traffic congestion in the southern section, which hosts several high tech companies. Access to the main highway is now more convenient than ever, connecting Pituach to Tel Aviv (about 10 kilometers) and Netanya (also about 10 kilometers).

Buying or renting a home in Herzliya Pituach

Many properties in Herzliya Pituach can be rented for a short term stay. This is particularly useful for families that wish to get acquainted with the neighborhood before buying a house in Herzlia Pituach. There are many beautiful villas that you can buy for living or as an investment. The finest properties in Herzlia Pituach usually start at $1,000,000 and can go up as high as $30,000,000. Regardless of the price range you’re seeking to spend, finding the finest luxury villas available in this upmarket neighborhood requires you to obtain the services of a luxury estate professional since most luxury property owners choose to sell their homes discreetly and preferably via a private luxury estate agent with experience in high-end luxury homes.

If you’re seeking to buy a home in Israel, a practical starting point would be to familiarize yourself with pricing terms, site alternatives, the legal and financial framework of Israeli real estate market.

Types of properties in Israel:

* Apartment – An apartment (or flat) is the same as in any other part of the world, a complex of several apartments in one building.
* Cottage – A cottage is a single level dwelling with a private entrance, attached to another dwelling.
* Villa – Can be constituted also as a private home. Villas are private dwellings usually with an enclosed garden.
* Penthouse – Penthouses are commonly situated on the very top floor of an apartment building and feature large roof patios. A new trend in the Israel real estate market is the development of Mini-penthouses which are situated directly underneath larger penthouses. Mini penthouses also feature large patio terraces.

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