Tveria is the best place for vacation–it is never cold! Well, okay, we do have a week or two, here and there, of winter rains and chilly temperatures, and the nights require a heavy blanket and maybe jacket if you are out and about, but nothing like the freezing weather I am seeing from news reports around the world. Even compared to other cities in Israel, Tveria is a winter-time paradise, a place to come for your much needed winter warm-up and respite from the winds, snow, ice storms, etc. Additionally, if you have been here in the summer, you know how crowded it can be. Winter-time is perfect–less crowds, no traffic jams, no waiting for a table at your favorite restaurant, and yet at the same time, everything is open–the marina, waterfront restaurants, lazer light show, new shopping mall, the famous pedestrian mall on Rehov HaGalil, archaeological digs, and more. Hop in your car, or better yet, let Egged take you to the Golan, Tzfat, Mt. Hermon, the Hula Valley, Rosh Pina, Bet She’an– all easily accessible and perfect for day trips from your vacation rental in Tiberias.
Israel real estate home and investments offers gorgeous vacation rentals–vacation apartments (or flats), vacation homes, studio apartments, all furnished with the amenities that you need for a comfortable and enjoyable stay. Visit our Vacation and Rentals page, and then contact us to book your next vacation to Tveria (Tiberias), the Holy city on the shores of the Kinneret (Sea of Galilee). See you soon!
From the experts at Merril-Lynch…Israel housing market is strong!
Come be a part of it today. Contact us right away to find out about amazing properties in northern Israel, from studio apartments in the heart of the city to large villas, with zimmers, swimming pool and more tucked away in the quiet of the mountains.
For instance, here is a gorgeous brand new home in the beautiful community of Migdal, one of the most popular towns in the Galil. 300 sq meters of luxurious indoor living space on 400 sq meters of land, asking 3.5M shekels.
|The Bank of Israel will increase its intervention in the foreign currency market to prevent a further appreciation of the shekel, and Israel’s housing market is not showing signs of overheating, says Merrill Lynch in a new review today.”Karnit Flug was appointed as the next governor of the Bank of Israel, and we expect her to maintain Fischer-style monetary policy. The Bank of Israel is expected to keep rates low and purchase foreign currency,” says Merrill Lynch, “The housing market shows no signs of overheating.”
Merrill Lynch does not expect another interest rate cut to below 1%, and believes that the Bank of Israel will continue its purchases of dollars and an expansionist monetary policy. “The shekel is now at its 2008 high, confirming why the Bank of Israel is so reluctant to see further appreciation and will likely step up in reserves accumulation. The appreciation trend might be contained next year if the Bank of Israel takes more aggressive steps, in our view.” It adds that Nathan Sussman, whom Flug appointed to the Monetary Committee, supports her approach to monetary policy.
Merrill Lynch does not believe that that the Bank of Israel will implement restrictive capital control measures to prevent the shekel’s appreciation, such as were implemented by Brazil, Chile, Peru, Taiwan, South Korea, Turkey, and South Africa. However, it believes that the Bank of Israel will intervene in the foreign currency markets, because it estimates that each 1% appreciation of the shekel could lead to a 1.5-2.5% decrease in exports of goods, which account for 40% of Israel’s GDP.
Merrill Lynch devotes a large and interesting part of its survey to Israel’s real estate market, in view of the debate over the existence of a housing bubble. Merrill Lynch says unequivocally that Israel’s has no housing bubble, and compares Israel with other countries. The tables show that housing prices in Israel have not risen as much as in other countries, and that Israel’s mortgage market is safer than other mortgage markets.
“The housing market in Israel is not showing signs of overheating, in our view,” says Merrill Lynch. “Although housing prices increased by almost 80% since 2007, a bigger picture view shows that housing prices in Israel have lagged peer countries since 2000. Israel had a late start and still trails some countries.”
The takeoff in Israeli housing prices began in 2007, whereas the takeoff in the countries in the graph began in the early 2000s. In addition, while housing prices rose by 180-250% in Australia, the UK, South Korea, and other countries, prices in Israel rose by 80%.
Published by Globes [online], Israel business news – www.globes-online.com – on November 4, 2013
© Copyright of Globes Publisher Itonut (1983) Ltd. 2013
Fluctuating shekel to dollar exchange rates is good news for buyers of resale apartments and houses, but most likely this opportune time to save money on your purchase will soon come to a close. See this article on the real estate market in Yeshiva World News. com http://www.theyeshivaworld.com/news/General+News/183477/How-Is-The-Turmoil-in-Syria-Affecting-Real-Estate-Prices-in-Israel%3F.html
Now is an excellent time to make a decision on what to buy. And, as usual, the best prices and greater margin for investment gain, is in northern Israel. Lock in the sales price, lock in the exchange rate with the professionals over at ForEx, and enjoy your new home in Israel, with the money left in your pocket!
SOON TO BE AVAILABLE!
Special home in the artists quarter of the Old City of Tzfat, private, views, unique design, only 1M shekels… this property will move quickly. More details to be released soon, but contact us for a sneak peek.
A short ten minutes from the bustling Holy city of Tveria, on the way to the Holy City of Tzfat, you will find the beautiful, peaceful, quiet, inspiring community of Migdal. Long a favorite of Israelis from the center, Migdal is fast becoming the community of choice for those looking for the best in northern Israel living. The recent opening of a new shopping center, complete with a supermarket, cafes and restaurants, and specialty shops, makes Migdal even more attractive. Residents no longer need to commute to Tveria for their shopping needs.
Tucked into the rolling hills of Migdal is a unique residential complex consisting of a group of eight, two story town homes, with a shared community swimming pool and gardens. The building is constructed of wood and Jerusalem stone. Each unit has two balconies, garden at the entrance, space for storage, and private parking.
This unit, priced at only 850,000 nis, is being sold fully furnished, with all the furniture, appliances, furnishings, linens, pots/pans, silverware… COMPLETE! All you need to do is buy, pick up the keys and move in! The apartment has many upscale upgrades throughout, including gorgeous tiled floors, modern and sophisticated cabinets and drawers in the gourmet kitchen, luxury bathrooms, and more.
This is an outstanding home for your new life in northern Israel. Also makes an outstanding investment property. Priced to sell– 850,000 nis.
Enjoy this beautifully upgraded and fully furnished rental home across from the swimming beaches of the Kinneret (Sea of Galilee). The apartment is new, on the 6th floor of a modern building, within walking distance of everything. A short 5 minute stroll will bring you to the city center, marina, waterfront restaurants, shopping centers, banks, and public transportation. There are several synagogues within 3-5 minutes. Within a 10 minute walk, you can be in the brand new shopping mall of Tveria. The location is outstanding!
The building has several elevators, including a Shabbat elevator, exercise room, rooftop swimming pool (under renovation), a large lobby that can be used for simchas, meetings, etc., and a safe room on every floor. There is 24-hour security, parking and many other amenities. This is one of the most popular buildings in Tveria.
Rental price is 1,800 nis per month, plus building maintenance fee, arnona (city tax), and your utilities.
Apartment available in September, 2013.