Buy this Affordable Property in Israel

We will leave the discussion of whether property prices are coming down or going up to the banks and financial experts. To this date, we are not seeing a cooling down of real estate market prices, except in the center where the home prices were already inflated.

The north has already been a much more affordable place to buy real estate in Israel, and it continues to be the region of choice for savvy property buyers.

Here is a great example of the kind of affordable homes on the market in northern Israel.

This property is located in Tiberias, Israel. It is a gorgeous apartment, being sold fully furnished. It has been meticulously cared for and is in excellent condition.

The apartment is located on the 2d floor of a two-floor building, housing only 4 apartments. The views from the living spaces are absolutely stunning. The kitchen is modern, with plenty of cabinetry and counter space and eat-in table. There is a separate dining area and large salon from where you can watch the sun rise over the Kineret as you enjoy your favorite morning drink.

There are 3 bedrooms, including a master bedroom with full bathroom. There is a second full bathroom. Contact us soon at galilproperties@gmail.com to arrange a viewing.

Only 825,000 NIS.

 

 

 

Ready to Make a Real Estate Investment in Israel?

 

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ONLY 650,000 NIS

This is a very affordable home in the Holy City of Tveria, located within a very easy walk to the city’s main shopping streets, the outdoor market (shuk), and downtown commercial center. The apartment is located in a neighborhood filled with synagogues, a mikveh, kollel, and several other places for learning day and night. Outside of the neighborhood, one can easily walk to Chabad House, two other historical synagogues on the waterfront, and the Karlin synagogue. Surrounding the neighborhood are the gorgeous hills of southern Tveria, where you can hike along trails and explore ancient caves, or hang out with the horses and cattle.

The apartment itself is a steal. Listed at only 650,000 NIS, this gem is on the second floor, 120 sq meters, 2 bedrooms, two balconies, kitchen, one bathroom with shower and a second bathroom with sink and toilet. You will love the view of the Kineret from the balconies. The property is in good condition, ready to move in or rent out. It would be a very good investment, as rental properties in this neighborhood are hard to find. Visit our Hot Properties in Tiberias page for more photos. ONLY 650,000 NIS

Contact us at galilproperties@gmail.com

Buy Affordable Property in Israel

Everyone I speak with is on a budget today. Understandable. Most buyers suffer sticker shock when they see the prices of properties in Israel. But, this is because they are focusing on the Center, places such as Yerushalayim, Ramat Beit Shemesh, Tel Aviv, Netanya, etc. But there is so much more to Eretz Yisrael! The north offers you opportunity to grow, to stretch your wings, to plant in the soil, to create your own business and fulfill your dreams. Plus, the prices are affordable. The real estate market is very strong in the north and housing prices are on the rise here too, but you can still buy a great home in Israel without busting the bank. Here is a great example.

This apartment is located in Tveria (Tiberias), the Holy city located on the shores of the Kineret (Sea of Galilee). The apartment is located in the upper neighborhood of the city, where you can benefit from cooler air, a real plus in the summer! The neighborhood is much desired, especially by young couples moving out from the Center. It is filled with synagogues, yeshivot, schools, health clinics, and shopping. The apartment building is only a few minutes walk from a major grocery store. Bus transportation is nearby, ready to whisk you to any destination in the city, or outside of Tveria. The building is set away from the main street, in a park-like setting, giving you a bit of space and quiet. There are awesome views of Har Tavor from the enclosed balcony and bedrooms. The apartment is modestly renovated, clean and in good condition. All you need to do is sign the contract, pay the seller and move in! Or, if you are not ready yet to live in Israel, then we can help you find a good tenant.

All of this for only 370,000 shekels! It doesn’t get much better than this.

Contact galilproperties@gmail.com right away for more information.

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Home Prices in Tiberias on the Rise

tveria_03_A4Northern Israel is still the best place to buy property in Israel, and Tiberias (Tveria) is no exception. Like all of Israel, though, prices are on the rise. Private home or cottage properties can rarely be found for less than 1M shekels. New apartments begin around 860,000 nis and go to over 1M shekels. You can still find bargains. Here is the latest report on sales from the Tveria tax office. These are “sale” prices, not listing prices. Consider these levels when you are looking to buy property in Tveria, Israel.

  • avg price 3 rooms second hand: 434,000
  • avg price 3 rooms new: 683,000
  • avg price 4 rooms second hand: 666,000
  • avg price 4 rooms new: 927,000
  • avg price 5 rooms second hand: 823,000
  • avg price 5 rooms new: 1.12M

Ready to Buy Property In Israel?

Here is an excellent video produced by Nefesh b’Nefesh on the process of buying property in Israel. Enjoy and then be in touch with us to discuss making the purchase of your home here in beautiful northern Israel. Be sure to visit our “hot properties” page for a sample of some of the amazing, affordable listings available. Then, go to our “contact” page and let us know what you need. All listings are not on the blog, so if you are looking for something special and you don’t see it here, contact us and we will be happy to help you find exactly what you want.

 

Israel Real Estate Prices Back on the Rise

Buying property in Israel?

The price lull is over, so now is the time to buy your property in Israel.

Many potential home buyers sat out for a while, waiting for the proposed 0% VAT proposal to become law, but since it failed to materialize, at least for now, properties are once again flying off the market. This means that it is again a seller’s market, prompting savvy home buyers to move forward with their plans to buy an apartment in Israel or any other residential real estate.

According to a February 18, 2015 Globes report, apartment sales increased by 22% in the 4th quarter of 2014, for a total of 8,200 new apartments, the highest amount since 2002. However, this spurt in sales was not experienced in Tel Aviv or Jerusalem, but in periphery locations.

Northern Israel continues to be the best place to plant your capital, whether it be buying a home for living or investment. The prices are going up, as is the case all over Israel, but in the Northern Israel real estate market, you can still find a good deal.

Consider this one:

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Private house
140 sq meters
2 gardens
2 terraces
3 bedrooms, 2 full bathrooms
minutes from the Kinneret (Sea of Galilee) and city center
surrounded by synagogues
in one of the most desired neighborhoods of Tiberias

only 900,000 NIS

In the center, this house would be at least three times as much. Contact us today to find out more about this property and other outstanding real estate deals in northern Israel.