There is a myth that investing abroad is expensive, troublesome and not all that profitable. Meanwhile, investing in real estate abroad is a way to preserve and grow your savings that, in terms of reliability and level of return, is incomparable to bank deposits or participation in mutual investment funds. That is exactly why more and more people are looking for profitable offers abroad, including in Israel.
Real estate in Israel has traditionally been considered an attractive option for investing funds. Businesses, organizations and private individuals readily acquire residential and commercial real estate in Israel. Investors’ interest in Israel is no accident: while many countries were hit by a crisis in this very sector, real estate in Israel not only did not fall in price but rose by 40–70%.
But even if real estate does fall in price, offering housing for long-term rental makes it possible to wait out hard times while enjoying a return that exceeds that of bank deposits. Moreover, property prices and rental prices are often inversely related — that is, when purchase prices fall, rental prices may rise, and vice versa. This negative correlation reduces investment risk.
It is worth noting that, according to Knight Frank, one of the largest companies researching the global real estate market, in terms of residential property price growth over the past 5 years (from Q4 2006 to Q4 2011), Israel ranked 3rd in the world with 55.4% growth, behind only China (110%) and Hong Kong (93.7%).
Among the advantages of buying real estate in Israel are a long resort season, a friendly attitude toward Russian-speaking tourists, excellent infrastructure, and the stability and investment appeal of the market.
Israel’s geographical location is unique. The country lies at the junction of three parts of the world — Europe, Asia and Africa. Its territory is washed by three seas: the Mediterranean, the Dead Sea and the Red Sea. So if you are interested in resort property in Israel, you will have plenty to choose from.
You can find the most varied properties: by the sea and in the mountains, apartments and villas, in the country’s spiritual capital and in the lively business district of a large city. It can be either housing directly from a developer or a secondary-market property. Israel can also offer land plots from owners and commercial properties.
It is worth mentioning that, apart from rare cases, there are no restrictions in Israel on selling land and real estate to foreign citizens. The exceptions are private houses in a few gated communities that have an “admissions committee” with the right to veto the sale of houses (a similar practice exists, for example, in many condominiums in the USA). However, the share of such houses is extremely small, and the vast majority of both residential and commercial real estate in Israel can be purchased by foreign citizens without any problems.
The real estate agency “Mataev Nadlan” offers you reliable and effective support for investment activity in Israel. We provide a full range of services for the trust management and management of a property:
– Searching for and selecting a property
– Legal support of the transaction
– Marketing and advertising of the property, attracting tenants;
– Developing rules for tenants
– Conducting negotiations with potential tenants to agree on the terms of a standard lease and adapting it for each specific tenant
– Preparing and concluding the contract with tenants
– Preparing and concluding contracts with subcontractors
– Monitoring and safeguarding your property
– Monitoring compliance with and fulfillment of the lease
– Coordinating the receipt of rental payments, timely payment of utility bills and telephone charges
– Keeping rental rates in line with market levels;
– Providing timely responses and prompt reaction to all tenant requests concerning the management and operation of the property;
– Providing a report on the utilities actually consumed and their cost.
In a word — welcome to Israel, my dear friends!
Sincerely, Timur Mataev.
