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Properties for Sale
Homes For Sale
Jerusalem / Israel
Israel Property News
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!
The Basics: Jerusalem Real Estate Numbers & Measurements
By Laura Firszt
CURRENCY IN JERUSALEM PROPERTY PURCHASESIsraeli resale property prices are quoted in either US dollars or New Israeli Shekels. Prices for new construction are stated in New Israeli Shekels. NUMBER OF ROOMSThe number of rooms is usually given as the number of bedrooms plus the living room; for example, 3 bedrooms + LR = a 4-room apartment. Kitchen and bathroom(s) are not included in the room count, although they are counted as part of the square meterage (shetach).When a property is described as, for example, 4.5 rooms, the “half room” may be a small bedroom or study or, alternatively, a large hall. FLOOR In Israel, the 1st floor (koma rishona) is considered one flight up from the ground floor (komat karka).
MEASUREMENT CONVERSION TABLE (APPROXIMATE EQUIVALENTS)1 running meter 39.37 inches1 square meter 10.76 square feet1 square foot 0.093 square meter1 dunam 1000 square meters (0.247 acre)1 acre 4.05 dunams
CLOSING COSTS ON REAL ESTATE PURCHASE *Property Purchase Tax up to 5%*Real Estate Brokerage Commission 2% + VAT*Your Lawyer’s Fee 1% + VAT (average percentage)*Developer’s Lawyer Fee 1.5% + VAT (to register building & apartment, new construction only) NOTE: Value-Added Tax, or VAT, is charged only on specific fees as indicated above, not on the entire purchase price. Currently VAT is 16%. Possible Aditional Costs *Exchange rate differentials (i.e. the cost of converting money from foreign currency to NIS)*Mortgage initiation charges All the above costs can possibly add approximately 10% to the purchase price.
BROKERAGE COMMISSION ON RENTALSLong Term Rentals One month's rent + VATShort Term Rentals 10% of rental fee
Properties | Eiferman Properties Ltd. +972-2-651-4030
Shlomo Maoz |