Real Estate Law
The Israeli real estate market offers unique opportunities for both local and international buyers. As your legal advisor, I help clients navigate the complexities of property transactions to ensure their investments are secure and legally sound.
When considering property purchases in Israel, buyers face important decisions between new developments and existing properties:
New Developments
- Benefit from modern specifications and warranties
- Often allow customization of finishes
- Subject to 17% VAT in most cases
- Include developer guarantees under the Sale Law
Second-Hand Properties
- Offer immediate availability in established neighborhoods
- Provide “what you see is what you get” clarity
- Exempt from VAT
- May offer greater negotiation flexibility
My clients appreciate guidance on which option better serves their specific needs, timeline, and investment goals.
Key Legal Considerations in Israeli Property Transactions
Taxation Framework
Israel’s unique tax structure significantly impacts real estate transactions:
- Purchase Tax varies based on property value and buyer status (resident vs. non-resident)
- Capital Gains Tax affects sellers differently based on residency status
- Betterment Tax applies when property values increase due to zoning changes
As your attorney, I ensure you understand your tax obligations and identify any exemptions or reductions you may qualify for.
Registration Complexities
Property registration in Israel involves several systems:
- Land Registry (Tabu) – the gold standard for ownership security
- Israel Land Authority Leasehold – covering approximately 93% of Israeli land
- Condominium Registration – defining ownership in multi-unit buildings
My experience helps clients navigate these registration systems to secure clear title and protect their ownership rights.
Due Diligence Requirements
Thorough due diligence prevents costly surprises. My comprehensive approach includes:
- Verification of seller’s ownership rights
- Identification of any encumbrances, mortgages, or liens
- Review of building permits and planning status
- Assessment of building committee status and financials
Special Considerations for Foreign Investors
Non-residents face additional requirements when purchasing Israeli property:
- Higher purchase tax rates in most cases
- Foreign currency transfer considerations
- Power of attorney arrangements
- Property management needs for absentee owners
I guide international clients through these complexities, ensuring compliance with Israeli regulations while protecting their investment interests.
How I Can Help With Your Real Estate Transaction
As your legal representative, I provide comprehensive support throughout your property transaction:
- Conducting thorough due diligence on potential properties
- Drafting and reviewing purchase contracts to protect your interests
- Navigating tax obligations and identifying applicable exemptions
- Handling registration processes with government authorities
- Resolving any legal complications that arise during the transaction
Contact for Professional Assistance
Real estate transactions represent significant investments that benefit from experienced legal guidance. I invite you to contact my office for a complimentary 30-minute consultation to discuss your specific real estate needs in Israel. During this session, I can answer your questions and explain how my services can help secure your property investment.