Ready to Make a Real Estate Investment in Israel?

 

20160118_121127

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 Real Estate in Northern Israel–Beat the Crowd!

Now is the time to purchase your home or investment property while the prices are still affordable. Already in the center of Israel sales are flying like hotcakes and the prices are soaring. You can still find affordable real estate in Israel in the beautiful northern communities such as Tiberias, Safed, Migdal, Yavne’el, Nof Kinneret, and other moshavim in the Galil. But, it will not stay this way for long. Contact us today at weidner.dvorah@gmail.com and let us help you find your new home in Eretz Israel.

Real estate market sources tell “The Wall Street Journal” that a wave of immigration will heat up Israel’s already hot market.

The Jewish Agency estimates that 10,000 French Jews will immigrate to Israel in 2015, after 7,000 reached Israel in 2014 due to growing anti-Semitism. In response, Tel Aviv real estate market sources have told “The Wall Street Journal” that the potential French Jewish immigrants will further heat up Israel’s already buoyant property market where home prices have doubled over the past seven years.

“January and February are not usually very busy periods because of the winter,” said Eric Toubiana, a co-owner of the Comacom Group brokerage based on Tel Aviv’s Ben Yehuda Street. “But ever since the period of Charlie Hebdo, we’ve had a huge amount of work.”

Toubiana told “The Wall Street Journal” that his business partner had flown to France to deal with all the extra business.

“We are seeing prices that have been resilient to the fact that they are way out of sync with incomes in Israel,’’ said Chaim Friedman, the founder of First Israel Mortgage, a mortgage broker. “In part, that’s due to foreign demand.”

“There’s no doubt that the prices here are expensive, according to every measure,’’ IBI-Israel Brokerage & Investments Ltd. economist Shai Azar told “The Wall Street Journal.” “On the other hand, you have a low interest rate, high demand, and everything that is going on in Europe only adds to the demand. I don’t see a change in the trend in the short-term. But nothing rises forever.”

Published by Globes [online], Israel business news – www.globes-online.com – on February 4, 2015

Buy Your New Home in Israel – still strong after 65 Years

IMG_0214Many times when speaking with prospective olim or real estate investors, I am asked… but is the Israel economy okay? Isn’t the real estate market about to crash? Is now really the best time to buy?

The economy is Great! The real estate market is strong! Now is the best time to buy, Today, NOW!

And, northern Israel is one of the best areas in the country for finding affordable homes and real estate investments with a strong return. Check out our Hot Properties pages, and be in touch soon.

Read on….

At 65 Israel Defies Global Economic Meltdown 
Ambassador (ret.) Yoram Ettinger, “Second Thought: US-Israel Initiative”
“Israel Hayom”, April 19, 2013

http://bit.ly/ZEJlSX

While most of the world is afflicted by an economic meltdown, Israel demonstrates fiscal responsibility, sustained economic growth with no stimulus package and a conservative, well-regulated banking system with no banking or real estate bubble.
At 65, Israel’s credit rating is sustained by the three leading global credit rating companies:Standard and Poor’s (S&P), Moody’s and Fitch Ratings .  Moreover, the International Monetary Fund (IMF) commends Israel’s economic performance and expressed confidence in its long-term viability.
Kasper Villiger, Chairman of the United Bank of Switzerland (UBS) indicated that China, Hong Kong, Brazil, Russia and Israel are the future growth engines for UBS.  Deloitte Touche, one of the top four global CPA firms opined that Israel is the fourth most attractive site for overseas investors. The Swiss-based Institute for Management Development (IMD) ranks the Bank of Israel (Israel’s “Federal Reserve”) among the top five central banks in its 2012 World Competitiveness Yearbook for the third year in a row.
At 65, Israel’s economic indicators are among the world’s best.  For example, during the 2009-2012 global economic crisis Israel experienced a 14.7% growth of gross domestic product (GDP), the highest among OECD countries.  Israel’s 2012 GDP growth (3.3%) led the OECD which averaged 1.4%.  Israel’s 2012 GDP of $250BN catapulted120 times since 1948.  A $1,132 GDP per capita in 1962 surged to $32,000 in 2012Israel managed to reduce its debt/GDP ratio from 100% in 2002 to 74% in 2012, while most of the world experiences a soaring ratio. A 450% galloping inflation in 1984 has been held in check in recent years – 1.6% in 2012.  Israel’s 2012 budget deficit andunemployment were 4.2% and 6.9% respectively, much lower than the OECD average of 7% and 8%.  Foreign exchange reserves – which are critical to sustain global confidence in Israel’s economy and Israel’s capabilities during emergencies – expanded from $25BN in 2004 to $75BN in 2012, 26th in the world and one of the top per capita countries.
At 65, Israel’s robust demography – which leads the Free World with three births per Jewish woman – provides a tailwind for Israel’s economy.
At 65, Israel attracts the elite of global high-tech due to its competitive edge. For instance, the prestigious Shanghai Jiaotong University’s Academic Ranking of World Universities includes four Israeli universities among the top thirty computer science universities in the world.  Twenty universities are from the US, four from Israel, two each from Canada and the UK and one each from Switzerland and Hong Kong.
At 65, Israel leads the world in its research and development manpower per capita: 140 Israelis (per 10,000) and 85 Americans (per 10,000) are ahead of the rest of the world.  Israel’s qualitative workforce benefits from the annual Aliya (immigration of Jews) of skilled persons from the former USSR, Europe, the USA, Latin America and Australia, who join graduates from Israeli institutions of higher learning.  In addition, Israel’s high-tech absorbs veterans of the elite high-tech units of Israel Defense Forces. Israel dedicates 4.5% of its GDP to research and development, the highest proportion in the world.
Israel’s defiance of unique security and economic challenges has produced unique, innovative and cutting edge solutions, technologies and production lines, which have attracted global giants.  For example, Eric SchmidtGoogle‘s Executive Chairman, considers Israel “the most important high-tech center in the world after the US.”  He has invested in Israel’s high-tech via his own private venture capital fund, Innovation Endeavors.
According to world renowned investor, Warren Buffet, “If you’re looking for brains, [Israel] has a disproportionate amount of brains and energy.”  In 2006, Berkshire Hathaway, Buffett’s investment company, made its first ever acquisition outside the US, in Israel, acquiring 80% of Israel’s Iscar for $4 billion.
Intel operates four research and development centers and two manufacturing plants in Israel, and invested in 64 Israeli start ups. Microsoft’s CEO, Steve Ballmer calls Microsoft as much an Israeli company as an American company, because of the importance of its Israeli technologies. Some 300 US high tech giants have research and development presence in Israel. Many, among them, invest in – and acquire – Israeli high tech companies.

George Gilderthe author of The Israel Test and a high-tech guru, stated: “[Israel] is the global master of microchip design, network algorithms and medical instruments…water recycling and desalinization…missile defense, robotic warfare, and UAVs.… We need Israel as much as it needs us.”
At 65, Israel has become an offshore natural gas producer, which has enhanced its economic viability, reducing its dependency on imported energy, and rendering it a net natural gas exporter by 2017.
At 65, the ongoing wars, terrorism and global pressure are realistically assessed as bumps on the road to unprecedented economic and technological growth

Tiberias is the best City for investors

Tiberias, or Tveria as it is known in Hebrew, sits on the shores of the beautiful Lake Kinneret (Sea of Galilee), in northern Israel. Surrounded by beauty from every side, this crown jewel of the Galil is fast becoming a favorite destination for new olim seeking to build their new home in Israel. This, combined with the fact that Tveria is the number one tourist destination makes for a city ripe with tremendous potential for real estate investors. Property prices are constantly on the rise, and property values are sure to grow considerably in the years ahead. The government of Israel is investing significant funds to improve infrastructure and attract business development. Now is the best time to purchase your investment property, while the prices are still very affordable, to capture the greatest return on your investment capital.

IMAG0263For instance, consider this apartment listed at a bargain-basement price, only NIS 250,000!! This is a studio apartment, completely refurbished, remodeled and beautifully furnished, in the heart of the city’s commercial district. A short walk across the street will bring you quickly to the shores of the Kinneret, waterfront restaurants, the marina, and a wide choice of water activities, including fishing and swimming. You cannot beat the location! While there is parking, one can easily throw away the keys and get to all the places in the city, as well as all the major points throughout the entire country of Israel, by public transportation. This apartment can be rented out long-term or for an even higher return, will make an excellent vacation apartment, sure to be booked all through the summer. NIS 250,000 will get you in on an outstanding real estate investment in beautiful northern Israel.

Buy Your Home in Northern Israel’s Most Desired Community – Yavne’el!

Live in much desired community of Yavne’el, just 15 minutes from Tveria, 10 minutes from the beaches of the Kinneret, nestled in the valley of the Galil and enjoy this beautiful, 130 sq meter, 5 room, spacious, airy, private home, on half a dunam of land, with a gourmet kitchen and lots of other very special features.

The community of Yavne’el is a very special, peaceful and inspiring one of families, synagogues, community activities, containing a wonderful mix of natives and olim from all over the world.  Homes for sale or rent is a rarity in this community and this property is sure to disappear from the market quickly. Only NIS 1.3M.