Properties for Sale

AV 5777

JULY 2017

NEWS

1- There is a demand for the Knesset to enact legislation to protect homeowners who own apartments on land leased from the Church. If this affects you, you can communicate with them at jerusalemchurchland@gmail.com

JERUSALEM PROPERTIES

New Residential Projects
in South and West neighborhoods 
          

 Boutique Building  #1422

A TAMA 38 project  8 apartments built on 2 storeys
2 -3 bedrooms - 67- 106 sqm.
Prices range NIS 1,472,000 - 2,023,000

25 New Apartments - #1423

 A TAMA 38 project - on 3 storeys

2-4 bedrooms creatively designed.  
sizes from 67-125 sqm.  
Prices from NIS 1,420,000 - 2,420,000.

            * * * * *

Cottage With A Pool & Sauna  #1168
Located close to Talbieh and Emek Refaim.
A truly beautiful and comfortable home for the special family!

              * * * * * 

Exquisite Villa  #1288 

On private land, this beautiful building is on 3 levels      

          ******

 Jerusalem Suburban Town #1419

Just 20 minutes from Jerusalem, a religious and secular community offers a range of housing from semi -detached homes to apartments -garden, penthouses and everything in between.

              **********

 HOME IN TEVERIA

Overlooking the Kinneret Lake  #1406

NEW PROJECT NOT TO BE MISSED!!!  3-4 bedrooms with a succah balcony, parking and storage room facing the Kinneret. Sizes  range from 100- 130 sqm.  Balconies from 11- 102 sqm. Amazing prices from NIS 850,000- 1,250,000.

 

     CHECK OUT OUR LONGTERM RENTALS!

 

GLOSSARY OF ISRAELI REAL ESTATE TERMS

Compiled by Laura Firszt, Eiferman Properties Ltd

Adrichal (masculine), Adrichalit (feminine) –  architect

Ambatia – bathroom, which may or may not include a toilet

Areivut Banka’it – bank guarantee.  In new construction, the developer must protect the purchaser’s payments by providing a bank guarantee. The buyer pays a percentage to the bank for such a guarantee.

Arnona –  property tax payable to the Municipality either annually or monthly, according to your  preference. Based on net square meterage, not including walls and public areas. Payable by the person occupying the apartment.

Balatot –  floor tiles

Bayit –  house, home

Bayit Hameshutaf – condominium document that includes plans identifying each owner’s property, rights & responsibilities (deed restrictions)

Binyan -- building

Binyan Even - building with stone exterior

Binyan Shaish - building with marble exterior

Binyan Spritz - building with stucco exterior

Boidem – a storage compartment found above the bathroom and/or hallway in many Israeli apartments 

Chaniah - parking

Chatzer – courtyard, usually a paved yard

Cheder - room

Cheder Sheina - bedroom

Chetzi Cheder - half room (can refer to a small room, a large hallway, a work alcove, etc.)

Chimum Mercazi - central heating

Chozeh – contract

Cottage – semi-detached home or a duplex with a private entrance

Dira – apartment (plural dirot)

Dirat Gag – roof apartment

Dirat Gan – garden apartment

Dud Shemesh – solar-powered water heater 

Dud Chashmal - electric water heater, which can be either in addition to a dud shemesh or the sole source of hot water

Dunam – measurement of land equivalent to 1000 square meters, approximately .25 acre. (NOTE: The size of a "dunam" varies according to country; this information refers to an Israeli dunam.)

Gemish - flexible

Gina – garden or yard

Gina B’shimush – garden “in use,” not registered in TABU as belonging to the apartment

Gush – Each section (gush) of the country has its own unique number & is further subdivided into individually numbered plots.

Haeret Azhara – cautionary note filed with the Government Lands Office at the beginning of the home purchase process to secure & protect your rights as the apartment’s owner

Hasaka - heating

Helka – individually numbered plot within a section of the country. (See Gush.)

Heter B’nia – permit to build

Hevra HaMeshakemet – This office registers property in progress, eg, an apartment or office building under construction.

Hivun – capitalization

Installator – plumber

Installatzia - plumbing

Irya – municipality, City Hall

Ishur – permit

Kablan – building contractor

Kaful - double

Kior- sink

Kivunim, Kivunei Avir - air exposures

Knisa - entrance

Knisa Pratit, Knisa Nifredet - private entrance

Koma - floor, storey

Komat Karka - ground floor

Maalit - elevator

Machsan – storage room

Madregot - steps

Mamad - security room

Martef - basement

Mas Hachnassa – income tax to be paid on any rental income above a certain range

Mas Mechira – sales tax, to be paid when property is sold, although private individuals are exempt for residential properties

Mas Rechisha – purchase tax, up to 5% of the price of your home, which you must pay within 50 days of the signing of the contract.

Mas Shevach – capital gains tax of 25–50% on the profit from the sale of your property. You are entitled to an exemption once every 4 years.  If you have already used this exemption, you may be exempt if you immediately invest the gains in another residence.

Mashkanta – mortgage

Mazgan - air-conditioning

Mechir - price

Meshutaf - shared, for example parking, storage room, etc.

Metavech (masculine), Metavechet (feminine) – real estate agent

Miflas (singular), Miflasim (plural) - level

Mifrat Techni – technical specifications

Minhal Merkarkei Yisrael – Government Lands Authority, which oversees all property in Israel. It is the agency that provides the initial 49-year leases for housing on government land, which will automatically renew for an additional 49 years. All records in this office are confidential unless owners give permission for the information to be made public.

Mirpeset – balcony

Mirpeset Sherut - (literally "service balcony") a small enclosed balcony with hook-ups for washer and dryer

Mirpeset Succah - balcony that is kosher for building a succah on

Mishupetzet - renovated

Mitbach – kitchen

Mitbach Americai – open kitchen, kitchenette

Nadlan – real estate

Nof - view    Poneh l'nof - facing the view

On paper – buying an apartment to be constructed in the future, from a builder’s plans.

Optzia – option, usually referring to the possibility of expanding

Orech Din (masc), Orachet Din (fem) – lawyer

Pinat Ochel - dining nook

Reshum, Reshuma - registered

Salon – living room

Seragim - window bars

Shaish – marble, usually refers to kitchen countertop, but also can describe exterior of building

Shechuna - neighborhood

Sherutim – toilet

Shetach – area of an apartment, expressed in square meters. Netto = net meterage. Bruto = gross.

Shikun – A building of 4 storeys that has multiple entrances, no elevator and often no succah balconies. This type of building was used to provide low cost housing and can be found in the older neighborhoods.

Shiputzim - renovations

TABU (Lishkat Rishum M’Karka’in) – Government Lands Registry Office, where your purchase must be recorded. It is subject to open records law, which means anyone can check the ownership of property registered in this office.

Tat Helka – identifying number given to an individual’s apartment built within a helka (plot) within a gush (section) of the country

Terrassa – terrace, patio 

Trissim - window blinds

Tzinor - (plumbing) pipe

Vaad Habayit – required monthly residents’ committee fee, equivalent to a condo fee in America, paying for upkeep of common areas and related services, such as elevator and garden maintenance. In some buildings, it includes winter heating during certain hours of the day. If you rent out your property, the tenant is generally expected to pay this fee.

VAT – value-added tax, currently 16%, charged on any goods and services in Israel

Villa – usually a freestanding house (In the Wolfson Towers complex, this term refers to a terraced apartment with a large balcony.)

Yazzam - developer

Yechida - unit

Yechidat Horim – master bedroom with bathroom en suite

Yipui Koach (Power of attorney) – form you must sign that permits your attorney to sign all government registry documents on your behalf

   

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