Housing prices in Israel 2020
Housing prices in major cities of Israel are rising
The Real Estate Valuation Department of the Israeli Ministry of Justice provided the public with such information. In major cities: Jerusalem, Tel Aviv and others, the cost of housing continues to rise. This is probably due to the fact that there are more and more people who want to buy a house in Israel every month, and the pace of construction does not keep up with the growing demand. In addition, the areas suitable for construction are also coming to an end.
Although the Israeli Construction Minister has promised to reduce real estate prices, they still continue to rise: only last quarter - by 0.7%. In 2013, the cost of apartments in major cities of Israel rose by 4.6%. The increase in prices was noted in 16 major cities of Israel, except for Kfar Saba - here housing prices remained unchanged.
The report was based on the analysis of data on transactions with apartments in more than a dozen major cities. The analysis affected both transactions in the secondary housing market and purchases of new residential real estate. In total, thousands of transactions were evaluated.
In the light of such conditions, it becomes profitable to buy a house in Israel from the point of view of capital investment - the cost of apartments will certainly not fall, although government agencies are now trying to moderate the situation in the Israeli real estate market.
Over the past few years, there has been a rapid increase in real estate prices in the Israeli real estate market, which is why the markets began to gradually fade - the number of sales decreased every month.
Israel as an excellent real estate market for foreigners has been open for more than six years. Due to the rise in real estate prices in 2020, many, especially Russians - due to the abolition of the visa regime, are eager to invest in Israel's growing housing.
Good news for those who intend to buy an apartment in Jerusalem or find a good ground for investment! The Jerusalem Mayor's Office has approved the construction of more than five hundred new properties in the city.
The incessant rise in housing prices in Israel in large cities leads to the fact that fewer and fewer people have the opportunity to purchase it. Therefore, the popularity of the real estate market of large Israeli cities is gradually falling. Especially after the coronavirus. People have no money left at all.
Alupka is a small, but very attractive seaside town for foreign tourists. Being very close to other resort centers - Yalta, Simeiz, this city has found something to stand out, and therefore there are always many people who want to buy a house in Alupka.
How to buy a house in Yalta. Real estate prices in Crimea remain stable, and the purchasing power of citizens is falling - in light of this, it is a sin not to take advantage of the opportunity and not buy a house in Yalta - one of the most popular Crimean resort cities.
It would seem a stupid question - what can you have fun in such a popular, fashionable and developed resort as Alanya? But many tourists who come here do not know half of the entire entertainment potential of the city, so it is worth briefly describing it.
Surely everyone who has only recently been able to buy a house in Mahmutlar, there was a need to purchase a large number of things. The residents of the town have a great opportunity to help each other, sell unnecessary things and buy necessary things from neighbors! Booking a table for sales cost only 5 lire.
Turkish Alanya can rightfully claim to be the "sunniest" resort: the number of sunny days here is rarely less than three hundred. The climate in Alanya is warm, there is no sea hardness, cold winds.
Antalya is a modern, civilized resort, and such a developed tourist center needs an advanced transport system. The city's route network is very convenient: you can get from any point to any other very quickly and with amenities.
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