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REAL ESTATE

Tel Aviv Nofei Yam Photo: Eyal Izhar Canada's Beaverhall buys Tel Aviv Nofei Yam lot

The company has paid NIS 80.5 million for the north Tel Aviv land on which it will build 31 apartments.

Mortgages Photo: Shutterstock Gov't bill opens way to greater competition on mortgages

Non-bank credit companies will be able to issue bonds to finance housing loans.

Tel Aviv Photo: Shutterstock Hundreds of young couples buying NIS 4m Tel Aviv homes

The average cost of a home bought by a first time buyer in 2021 was NIS 1.73 million, the Ministry of Finance chief economist found.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Ramat Gan, Rishon Lezion, Netanya, Hadera, Afula, and Beersheva.

Akko deserves to be a major tourist attraction

The ancient port city requires major investment if it wants to attract Israeli and foreign tourists.

Guy Shaya and Dudi Najmi Photo: Israel Hadari Clal Insurance leads NIS 250m round in Timora real estate fund

Timora, which acquires, improves and manages investments in office, industrial, and logistical real estate in Israel, plans to increase its equity to NIS 500 million over the coming year.

Tel Aviv Photo: Shutterstock Record housing deals ahead of tax hike for investors

A record number of homes were sold in Israel as investors scrambled to beat the purchase tax hike, the Finance Ministry chief economist reports.

Tel Aviv apartments Photo: Shutterstock Phaustov Buyers beware in Israel's booming housing market

What the British call 'gazumping' has become more prevalent as sellers seek the best possible price for their homes.

Homebuyers Photo: Shutterstock Housing purchase tax exemption threshold rises

The Israel Tax Authority has increased the purchase tax exemption threshold applicable from January 16, 2022.

Israeli apartments Photo: Shutterstock Apartments sold and rented

A selection of recent real estate deals in Israel including in Jerusalem, Tel Aviv, Holon, Modi'in Illit, Ashdod, Haifa, Nahariya, and Eilat.

Tel Aviv Old Central Bus Station Photo: Levinstein Properties Tel Aviv Old Central Bus Station land doubles in value

Levinstein Properties invested less that NIS 200 million in its 50% stake in the land, which it now books as worth NIS 460 million.

Ben Yehuda Street Photo: Shutterstock Downtown Jerusalem can prosper again

Better management of business and economic development by the Jerusalem Municipality can revive the fortunes of Jerusalem's city center.

Server farm construction at Bnei Zion Coping with Israel's server farm boom

As billions pour into server farm construction, regulation, planning, and even power supply are not keeping up - and the neighbors are unhappy.

Tel Aviv Central Bus Station Photo: Shutterstock What next for Tel Aviv's Central Bus Station?

A white elephant and economic disaster from 1976 to 1993 and environmental hazard and urban blight ever since, the sorry saga is entering a new phase.

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