Understand Property Types
When buying a house in Israel, know the difference between privately owned land and leasehold land managed by the Israel Land Authority. Most property in Israel is leasehold, with 49- or 98-year renewable terms. For more details on how to buy land in Israel, visit our dedicated guide.
Research the Real Estate Market
Compare prices, trends, and neighborhoods—whether in bustling Tel Aviv, historic Jerusalem, or quieter suburbs—to ensure you’re investing wisely. Check out our market trends for the latest insights.
Plan Your Finances
Set a realistic budget that covers the purchase price, taxes, legal fees, and potential renovations. Consider the Israeli purchase tax (Mas Rechisha), which varies by property value, and explore mortgage options if you need financing. Non-residents can often borrow up to 50% of the property’s value. Learn more about real estate taxes in Israel.
Hire Professionals
Work with a licensed real estate agent who knows the local market, and engage a real estate attorney to review contracts, confirm ownership, and handle the legal process. Our purchase lawyers specialize in assisting foreign buyers.
Inspect and Verify
Before making an offer, thoroughly inspect the property and ensure all paperwork is in order. Confirm registration in the Land Registry (Tabu) and verify that there are no outstanding liens.
Make an Offer and Sign the Contract
Negotiate terms with the seller. Once agreed, both parties sign a purchase agreement. Your attorney will ensure that the contract protects your interests and meets all legal requirements.
Finalize Your Mortgage and Payments
If you’re taking a mortgage, secure it with an Israeli bank and follow the agreed-upon payment schedule. Pay the purchase tax and other fees as required.
Register Your Ownership
Complete the registration of the property in the Land Registry to finalize your ownership rights.
Additional Considerations
Foreign Buyers
Non-residents can buy property in Israel but may need additional approvals for leasehold land. Explore our guide on foreign ownership to understand the requirements.
Taxes and Legal Compliance
Be aware of potential capital gains taxes if you sell and always ensure compliance with Israeli real estate regulations.
By following these steps, staying informed, and seeking professional guidance, buying a house in Israel can be a smooth, rewarding experience. Browse our listings here.
