Real Estate prices in Israel may rise again later this year

That’s the prediction of Erez Cohen, Chairman of  the Land Appraisal Association in Israel.  According to Erez’s thinking, even though demand for real estate has been dropping off, supply will be dropping off more if builders don’t resume building at a sufficient pace. 

Read what he had to say in an article at jpost.com

A good time to buy property in Israel

According to an article published at YnetNews.com, the Israeli Real Estate Market is at a 5 year low right now.  For those who are in a position to buy, this is a very good time to explore the opportunities as motivated Sellers will be eager to deal.

As Warren Buffett has said regarding “markets” and when to buy, etc., “when others are greedy, be fearful- when others are fearful, be greedy”.

Let us put you in touch with a competent Real Estate Agent in Israel who specializes in the area you are interested in.  Simply send an e-mail to lyle@buypropertyinisrael.com to get the process started.

Read the Ynetnews.com article about the Israeli Real Estate Market

Going to Israel for Hanukkah?

If you are going to Israel during Hanukkah this year and are also considering making Aliyah or buying a second home in Israel, let us put you in touch with one of our Referral Real Estate Agents in Israel who can help familiarize you with some investment opportunities.  This is the first time in the last few years that the market has slowed down enough to favor “Buyers”. 

Contact Lyle Plocher at lyle@buypropertyinisrael.com , let me know your thoughts, questions, situation, etc and the city/neighborhood you would like to concentrate on and I will put you in touch with a professional Agent. 

Wherever you happen to be spending the Holiday, I wish you a Happy Hanukkah!

Stunning sea front Villa in Caesarea

Completed in 2004, this magnificent villa sits on a front-line corner plot, just 5 minutes from the center and 500 meters from the Aqueduct beach. The villa is in a unique position in Caesarea’s most prestigious Cluster, first row opposite the sea.

Lot size is approx 2,450 sq meters, with 750 sq meters of built-up living space, including terraces. 8 rooms, 6 bedrooms, 5 bathrooms, 2 guests cloakrooms, private pool with external changing rooms, huge private garden, terraces, unrestricted ocean views.

Asking price has been severely reduced to $8,000,000.

For more information about this property, contact Lyle Plocher at lyle@buypropertyinisrael.com