August 18, 2021

Is it a good investment to buy property in Israel?

Is it a good investment to buy property in Israel? Israeli Law Firm with Israeli Lawyers

The first thing that has to be understood before saying whether it is a good investment or not to buy property or real estate in Israel, is that buying property -anywhere in the world- is always a big investment and that is why many things have to be taken into account before entering into such operations.

Being that said, the first thing that has to be analyzed is the housing business market in israel. As many countries in the world, Israel's housing is highly developed in the center area, where most of the people and companies dwell.

In that manner, the most expensive properties can be found in the Tel Aviv area, where the average price for property is around $ 800,000, followed by Jerusalem where the average price is around $ 630;000. The cheapest place currently is Be'er Sheva, where the average price of property is around u$s300,000.
Another thing to take into account is that according to a Report made by the Ministry of Housing and Construction in 2015, regarding the population the annual growth rate is %2 and regarding the number of households, the growth rate is 50,000 a year.
In recent years, this rise in the demand, combined with a low rate of supply of households made the prices go really high. As an example, according to official numbers, as of the end of 2008 and to the end of 2015, the housing prices rose by 75% in real terms.

With this information taken into account, it can be said that buying property in Israel is a good investment, although many other things have to be considered and it is always important to assess all the data with current numbers and professionals in the field before deciding to enter the market.

Costumer Testimonials

  • Bijan Z
    I chatted with someone on the company's website late last night, provided a brief description of my question regarding inheritance law in Israel, and the person told me that someone will call me at 9:00AM this morning.
    I received a call from Michael right at 9:00AM today, asking about my question. He patiently listened to my question and asked additional questions to be clear about my question. Michael then provided all the information as free consultation and kept talking to me till I had full clarification on my question.
    He was very professional talking to me and answering to all my questions and provided suggestions where needed.
    I am very happy that I called Menora Law and talked to Michael.
    Thank you Michael.
  • Gal G

    I had a problem with complicated Israel inheritance case in Israel and I hired the Israeli Attorney from Menora Law Firm ,they was high professional and honest with my inheritance case in Israel and they also helped me with real estate and assets in Israel, if you looking for strong Israeli Attorney in Los Angeles who practice law for Israel and especially With succession in Israel, this is the one of the best Israel law firm in California who can really help you.
  • Ed E

    I called Menora law to speak with an Israeli lawyer who knows about inheritance in Israel. I have received advice from Michael, who helped me a lot, I hope to hire him in the future to manage my inheritance case in Israel.

Menora Israeli Law Firm

Our Israeli attorneys specialize in Israeli law since 2007.
The office of Monera Israeli law in Los Angeles help clients with inheritance in Israel and estate in Israel, purchase & sell real estate in Israel, open a business in Israel or invest in a startup in Israel.
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