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Jerusalem / Israel
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1- New Project in Talpiot #1413
3- 25 New Apartments - #1423
A TAMA 38 project - on 3 storeys
Beautiful Cottage #1324
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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!
Know Your Finances, Know Your Neighborhoods
by Sarah Eiferman, originally published in The Jewish Press
With the instability of the stock market, more and more people are looking into putting their money into real estate. Since September 11, and the rise of anti-Semitism in Europe, I have received many calls and e-mails regarding buying properties in Israel as a place “to escape to.”In response to these as well as other inquiries, I would like in this column to give you important and relevant information regarding purchasing an apartment in Israel, as well as prices and what has been sold in the Jerusalem area. Know Your FinancesThe 1st step: What is your budget? This will determine what and where you can buy. Be sure of your financial backing. Do you have money now – mortgage installment? As a function of price, are you willing to buy something that needs renovation? Will this be a cash deal or are you considering supplementing your budget with a mortgage? There are specific banks in Israel that will give mortgages to foreign residents.
The 2nd step: is to decide what purpose this property will serve. Will this be a vacation home that will be used by you or various family members for a few weeks during the year? Or will this property eventually be a permanent home? Is this an investment – buying at a low price in an area that has good value and renting it out? Know Your NeighborhoodsThe 3rd step is more specific: a. What areas/neighborhoods, answer your religious, cultural, social needs? b. What are your physical limitations and needs? Ex. How many flights up will you walk without an elevator? Without a Shabbat elevator? c. How close do you need to be to public transportation/shopping/shuls? Sarah Eiferman, the owner of Eiferman Realty, has been in the real estate field for over 20 years. She is a member of the Chamber of Real Estate Brokers and her agency is a member of SHIRAN – the Jerusalem Multiple Listing Agency.
Properties | Eiferman Properties Ltd. +972-2-651-4030
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