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!

Going to Israel for the Jewish Holidays?

Considering the purchase of an apartment or Villa in Israel?  Let us put you in touch with a reliable Real Estate Agent who is familiar with the neighborhoods you are considering. 

To be put in touch with one of our “Preferred Referral Agents” in Israel, send an e-mail to Lyle Plocher at lyle@buypropertyinisrael.com

Like to own a Bed & Breakfast with Views of the Sea of Galilee?

A charming Bed & Breakfast located on the outskirts of Tiberias.  Situated on a 530/1000 Sq. Meters land, this bed & breakfast has 19 spacious rooms which are fully furnished and include en-suite facilities.
There is also a swimming pool & a Jacuzzi, all with a magnificent view to the Sea Of Galilee & the mountains.
More than 10 % yield.

Asking Price is $1,600,000.

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

Luxury view apartment in Tiberias

A luxurious & beautifully designed house with an amazing view to the Sea of Galilee.  The house is 210 Sq. meters built on a 1/2 dunam compound, 80 sq.meters balcony, big garden with fruit trees.  With 5 bedrooms, in every bedroom there are brand new A/C units, and there is a new central A/C unit.  In addition, there is a big utility room, alarm system and. There is a possibility to purchase the house with  furniture.
This house was designed in the highest standards, by an interior designer from the UK.

Asking Price is $445000

For more information about this apartment or any property in Tiberias, contact Lyle Plocher, lyle@buypropertyinisrael.com

Going to Israel for Passover?

Looking for an apartment or Villa to buy in Israel during your visit?  Check in with us before you go and we will put you in touch with one of our Referral Real Estate Agents in Israel who can e-mail you properties to preview before you leave home and can arrange visits to prospective properties for you while you’re in Israel.  Just send an e-mail to Lyle Plocher lyle@buypropertyinisrael.com describing what you are looking for and Lyle will do the rest.

 

Apartment with view of the Kinneret

A spacious and lovely 2  story apartment located on the first floor with a beautiful view to the sea of Galilee.

The apartment is 186 sq.meters with 5 rooms, 2 big balconies, 2 bathrooms and 2 parking spots.

Asking price is  1,100,000 shekels

For more information about this apartment, send an e-mail to lyle@buypropertyinisrael.com

 

US-Israeli developer brings golf to Israel’s historic Mount Arbel

By Nicky Blackburn – Israel 21C  
March 11, 2008

It was when the bottom fell out of the US real estate market in the early 1990s, that Joseph Bernstein first got the idea to open a luxury golf course in Israel.It wasn’t an overnight revelation, more of a gradual process of discovery. Bernstein, an Israeli who had immigrated to America as a child, had been involved in a number of large real estate developments in New York through his company, Americas Partners, including the $500 million development Americas Tower, the US headquarters of Bank Hapoalim and world headquarters of PriceWaterhouseCoopers. When the market tanked in 1991, he decided to forget about work for a while and take up golf. He spent the next year devoting himself to the sport. He traveled widely in pursuit of his new interest and one day found himself teeing off on Israel’s only golf course at Caesarea.

“I looked about me and realized that Israel is a prime golf market because of the weather,” Bernstein tells ISRAEL21c, from his home in Florida. “The country has great weather nine months of the year, and could attract snow birds (people who live in cold climates) from all over Europe and the east coast of America, and yet there’s only one golf course. I started to see enormous potential in building golf resorts here.”

More than 15 years later, Bernstein’s dream is about to become a reality after news that the Israel Land Authority has given his development company, Israel Resorts & Clubs, the final agreement necessary to develop a new five star golf resort on the stunning Mount Arbel overlooking the Sea of Galilee.

The new $150 million resort, which should open in 2011, will have an 18-hole championship golf course sculpted by Robert Trent Jones, Jr., a renowned golf course designer. There will be social, golf and residence club programs, with cultural, spiritual, sports and touring activities organized for members.

The development, on land owned by the agricultural farming cooperative Moshav Kfar Hittim, will cater to between 600-900 people in large suites and villas. It will be home to a world-class spa, a culinary program, an organic farm, a winery, a beach club, and a tennis academy.

With an eye to its location – Mount Arbel is the Galilee’s most prominent landmark, with panoramic views, and cliffs rising 400 meters to a large plateau that includes the vast Mount Arbel Nature Reserve – Bernstein intends the resort to be environmentally friendly.

read the rest of the article at Israel 21c

The Israel Real Estate Market

Thinking about buying an apartment or villa in Israel or even a commercial property?  We have relationships with Real Estate Agents throughout Israel whether it’s in Jerusalem, Tel Aviv, Netanya, Raanana, Herzliya Pituach, Zichron Yaacov or many other places.  We can put you in touch with someone who can assist you with all your real estate related questions and help get you acquainted with properties that are available in your price range. 

If you are thinking of spending Passover in Israel, this would be a good time to get introduced to a Real Estate Agent who specializes in the city or neighborhood you are considering.

Send an e-mail to lyle@buypropertyinisrael.com and get the ball rolling!