You will never believe this is an apartment– it feels like a villa!

This apartment is amazing… it looks like a movie set. You will not believe the amount of work and money that has been invested into this gorgeous home. The beauty begins as soon as you come to the entrance of the apartment, when you see the beautifully laid brick-facing and gorgeous stones at the entrance. Once inside, the luxury continues to envelop you—it will be a home of your dreams. This garden apartment spans two floors and each rooms blends seamlessly with the next giving you the feeling of floating, especially when you see the clear, blue waters of the Kinneret in front of you. 200 sq meters, 5 rooms, plus a 60 sq meter mirpeset. All the rooms are enormous, including the kitchen which is three times the size of the usual kitchen here in Israel. The floors throughout the house are of special, imported tile. The salon and dining room is large enough for all the family and guests. The mirpeset here is the perfect place to relax and watch the magnificent sunrise over the Kinneret and also you can watch the city as it awakens each day. Up the stairs, graced by a beautiful wrought-iron railing, you will find a full bathroom with shower, 2 bedrooms, one with a view to the Kinneret, and the master bedroom with a very large, walk-in closet and an exit to the upstairs mirpeset. And, if this is not enough, the owners have constructed an enormous succah, with painted stone walls and plenty of space to invite all the neighbors! PLUS, there is a studio apartment, perfect for renting out or as a place for the in-laws. This apartment must be seen to believe. You will not imagine that you can find such a jewel in this growing city of Tveria. NIS 1,080,000  To learn more, contact us.

Israel Mortgage rate update from First Israel Mortgage

Israel Mortgage Rate Update 08/16/2011 By: First Israel Mortgage

For those borrowers looking for US Dollar based loans, LIBOR loans are now available for foreigners as low as LIBOR+1.8% on the ENTIRE loan amount. Being able to take the entirety of the loan in a variable rate represents a tremendous benefit, as most lenders are unable to provide more than 1/3 of the loan in a variable rate. This option is available up to 70% of the value of the property, albeit with a slightly higher rate. The 5-year USD fixed rate (up to a 25 year term) is available at 3.6%. This option provides a great deal of security as it allows borrowers to fix this rate for 5 years. During the last few weeks, rates on shekel loans have been dropping quickly. The most attractive rates on the market in NIS are currently in the range of 5.4-5.8% fixed for 20 years. 30 year fixed rates are in the 6.2%-6.7% range. For clients interested in Prime loans, Prime-1.0% remains the sharpest rate on the market. For more information, call 972-2-567-1349 to speak with one of First Israel’s qualified mortgage consultants.

THE US DOLLAR IS UP!!!

Now is a great time to make your investment in real estate in Israel. And you won’t find a better investment than this apartment, just steps from the Kever of Rabbi Akiva in Tiberias. This 3 room 78 sq meter apartment has been completely renovated– everything is new! The floors are beautiful, kitchen is beautiful, bathroom is beautiful, lighting fixtures are beautiful and it is furnished! People are already lining up to rent it. But, of course, if you want to live it in, that would be great too. Today, the price is only NIS 445,000 or only $129,000. Forex Israel can help you lock in this great exchange rate. So contact us today and don’t miss out on this great buy.

Buy this newly renovated apartment with gorgeous views of the Kinneret — another superb investment property or home for living

This is an amazing apartment for this price! Completely remodeled apartment, new on the market, empty and ready for occupancy– on the top floor of an apartment building (with elevator), in the center of the upper city commercial district. The apartment is 102 sq meters, 4 bedrooms (master bedroom with bathroom) (one of the bedrooms is also the safe room and it is very large)s, 2 bathrooms, spacious, filled with light and air and beautifully restored with gorgeous wood cabinetry in the kitchen, dark wood trim around the doors, bathrooms with all new furnishings, new air conditioners—everything new inside.

 

 

 

The mirpeset (balcony) is very large with stunning views of the Kinneret. You can see forever. This apartment will not stay on the market for long. It is an excellent purchase if considering a new home in Tveria or for investment, as it will rent very easily and generate a very good return on your investment. Only 730,000 NIS, a real bargain. Contact us right away to get in on this special deal.

Number of potential homebuyers jumps

The March Consumer Confidence Index: One in ten Israelis is considering buying a home within the next six months. The willingness of Israelis to buy homes in the near future rose strongly in March 2011, justifying last week’s new directive by Governor of the Bank of Israel Prof. Stanley Fischer to restrict the variable interest component of mortgages in order to cool housing demand. The Consumer Confidence Index for March, compiled by Globes Research and pwc Israel, found that 10.3% of respondents expressed an interest in buying a home within six months. In February, 8.8% of respondents expressed an interest in buying a home within six months; in other words, the number of potential homebuyers rose 17% within a month. “Willingness to buy a home” includes people who have already decided to buy a new or second-hand home, and people still deliberating whether to buy. A breakdown of the figures by buyers and fence-sitters shows that number of buyers did not actually increase, and actually fell in relative terms as the number of fence-sitters increased. The proportion of respondents planning to buy a second-hand home fell to 2.6% in March, the lowest level in a year. This means that the increase in the willingness to buy a home is only semantic; the increase in the willingness to buy a home in March is due to the fence-sitters, whose numbers nearly doubled. Fence-sitters accounted for 40% of potential homebuyers in March, up from 25% in February. According to the Bank of Israel, 86% of mortgages approved in March were variable interest mortgages. 48% of all mortgages granted were prime rate-based variable interest mortgages. On average, the interest rate on prime variable interest rate mortgages, including recycled mortgages, continued to fall over the past year, even though the prime interest rate rose, with the banks absorbing the higher cost.   Published by Globes May, 2011,  by Erez Wollberg

New Residential Project in heart of most popular neighborhood

Only three apartments are left in this premier new residential development in the heart of one of the most desirable neighborhoods of Tiberias. Just steps away from the Yeshiva of HaRav Kook, these residences will provide you with gorgeous views of the Kinneret (Sea of Galilee) and the mountains of the Galil. Each apartment has a succah balcony. The interiors are spacious and will be completed with the highest quality of finishes. The building will have a Shabbat elevator. The neighborhood is filled with synagogues, yeshivot, kollel, small grocery stores, schools, the post office, and bus transportation to Jerusalem, Tel Aviv, Haifa and other points is just a block away. This project is the latest of the well-known developer Gadi Shushan, whose other residences sold out in rapid time. Don’t miss out on this great opportunity to live in one of the best residences in Tiberas. Delivery in February, 2012. Contact us today for more information or for a viewing.

Savvy realestate investors are finding the best deals in Tiberias

Yet another great investment apartment has been snapped up by a savvy realestate investor from abroad. The best investment you can make with your money today is in the fertile real estate market of Israel. And the best place in Israel is in the North, where prices are still sensible and the return on your investment is the highest. This apartment will yield a very good return for its investor. Visit our website for more good deals and don’t delay, because these treasures are flying out the door!