Geographic Information
Description of Israel
2013 was an excellent year for the property market in Israel, with average house prices adding some serious gains. Things were up by a full 12.7 per cent in Tel Aviv, Gush Dan topped the table with an impressive 15.2 per cent gain and property prices in the Southern District also increased by more than 10 per cent. Rental yields remain relatively low however, averaging no more than about 3.8 per cent or so even in the heart of the capital. Short-term rents have traditionally proven more agreeable than longer lets.
Tax rates are also comparatively low, with rental income tax being capped at 10 per cent and capital gains tax not applying to the vast majority of properties.
Of course, the on-going conflict in many areas of Israel does little for overall stability, but it’s not to say that property investment cannot be rewarding.
Current Property Prices in Israel
Key Facts:
Currency: ILSTime Zone: Israel Standard Time (UTC+2)
DialCode: +972
Languages: {{hlist
Capital: Jerusalem
Population: 7,412,200
GDP: $305.707 billion
Latest News & Features for Israel
Latest News
Watch – Israel Travel Guide: Part 1
Watch – Israel begins demolishing homes over attacks
Watch – Jerusalem backs Arab housing project
Watch – Celebrations in Gaza as long-term truce begins
Watch – Israel tourism devastated as Gaza rockets fire
Bethlehem back on the tourist circuit
Israel’s property market grows
Israeli firm says growth technology to produce bigger, stronger crops
Rising house prices prompt mortgage restrictions in Israel
Celebrity Property News: Model Bar Refaeli buys apartment for brother
Watch – Bethlehem tourism industry hits busy season
Investments Explained: Residential property
Israel’s housing market remains weak
Israel is world’s third hottest property market
Video – Pilgrims fill Jerusalem for Passover
Israeli second homes hit by council tax spike
Israeli government floods market with land, but builders get shy
Video – Oren Drori talks about the tourism industry in Israel
“Israel’s housing market poised for hard landing”
Israel announces construction plans in Jerusalem, West Bank
Watch – Israel begins demolishing homes over attacks
Watch – Jerusalem backs Arab housing project
Watch – Celebrations in Gaza as long-term truce begins
Watch – Israel tourism devastated as Gaza rockets fire
Bethlehem back on the tourist circuit
Israel’s property market grows
Israeli firm says growth technology to produce bigger, stronger crops
Rising house prices prompt mortgage restrictions in Israel
Celebrity Property News: Model Bar Refaeli buys apartment for brother
Watch – Bethlehem tourism industry hits busy season
Investments Explained: Residential property
Israel’s housing market remains weak
Israel is world’s third hottest property market
Video – Pilgrims fill Jerusalem for Passover
Israeli second homes hit by council tax spike
Israeli government floods market with land, but builders get shy
Video – Oren Drori talks about the tourism industry in Israel
“Israel’s housing market poised for hard landing”
Israel announces construction plans in Jerusalem, West Bank
