The Carmel Market is one of Tel Aviv’s most famous landmarks and tourist destinations, and will soon see a new and improved version of itself gracing the city’s main street. This week the Tel Aviv municipality announced its full renovation with an additional 320 apartments to be built on the surrounding streets. Read more
Traditionally Israelis dreamt of owning a a private home, complete with backyard, a fence, and a pool. Looking at the recent construction data, however, points to a new phenomena, one that we’ve seen already for quite some in the Tel Aviv real estate market for some time.Read more
Traditionally Israelis dreamt of owning a a private home, complete with backyard, a fence, and a pool. Looking at the recent construction data, however, points to a new phenomena, one that we’ve seen already for quite some in the Tel Aviv real estate market for some time.Read more
With the summer coming to a close, Tel Aviv apartments for rent and sale continue to command higher than average price. What will we see in the […]Read more
As both a new comer or a veteran to the Tel Aviv real estate market, you may have found yourself asking yourself this very question. In a market where the newest and most modern apartments fetch the highest prices, way above market value, many home buyers and investors find themselves willing to wait the 2 to 3 years that many new projects require until you’re able to call your new home, “home”. Just as many, of course, find it difficult to justify the wait time, for both practical and market reasons.Read more
It’s been a crazy summer here in the Tel Aviv real estate market. Our small city has been the center of the social protests that are occurring throughout Israel, with hundreds of thousands of people both marching in, and living on, the streets, protesting the high costs of housing and the overall cost of living. To make things more complicated for the Israeli housing market, journalists, economists, academics, developers, brokers, bankers, and bureaucrats alike continue to conjecture about the “bubble burst” that no one seems to understand, when, or even if, it exists.Read more
It’s been a crazy summer here in the Tel Aviv real estate market. Our small city has been the center of the social protests that are occurring throughout Israel, with hundreds of thousands of people both marching in, and living on, the streets, protesting the high costs of housing and the overall cost of living. To make things more complicated for the Israeli housing market, journalists, economists, academics, developers, brokers, bankers, and bureaucrats alike continue to conjecture about the “bubble burst” that no one seems to understand, when, or even if, it exists.Read more
Anyone following the Israeli housing market over the past month has heard the hype. “The Israeli real estate market is a bubble!“, they cry, “people are camping in the streets, prices will surely fall next week!”, they write on their blogs and op-eds. Yet you have others who will tell you that the market is intact, prices won’t fall, and that, in fact, they will continue to rise.
Anyone following the Israeli housing market over the past month has heard the hype. “The Israeli real estate market is a bubble!“, they cry, “people are camping in the streets, prices will surely fall next week!”, they write on their blogs and op-eds. Yet you have others who will tell you that the market is intact, prices won’t fall, and that, in fact, they will continue to rise.
While we all know that the days of high yield returns in Central Tel Aviv for the average investor have passed, there are still some viable options to make in excess of 3.5% in areas farther afield in Jaffa and Herzliya. An investor can expect an average return of 2.5 – 3% in Tel Aviv. Unfortunately, sellers have already calculated the maximum the property could ever possibly be worth and take this out on the buyers. Fortunately, there are other options out there.