Buying a property in Israel is a dream for many in the Jewish and Israeli communities living abroad. It is an exciting but also complex process, especially when managed from a distance. In this article, we’ll explain the process step by step and provide essential tips to simplify and secure your property purchase.
The first step is to define what you are looking for: Is it a home for living, an investment property, or perhaps a vacation home? You should also consider your preferred location—do you favor a large city like Tel Aviv or Jerusalem, or a quieter area in the periphery? Understanding your needs will help focus your search.
Practical Tip: Think about the future—will this property still serve your needs in the coming years?
Choosing the right location is one of the most critical factors. Consider proximity to amenities, public transportation, schools, and more. If you are conducting your search remotely, the assistance of a local professional can be invaluable.
How We Can Help: As a law firm specializing in real estate, we collaborate with experienced real estate agents who know the local market well and can present you with options that meet your needs.
Before purchasing any property, comprehensive checks must be performed. These include:
When you are not in Israel, you need an expert lawyer to accompany you throughout the entire process. The lawyer’s role is to protect your interests, negotiate with the other party, and ensure that all required documents are signed and approved, including an escrow account..
Including financing options (take on a financing partner).
Our Services Include:
After signing the purchase agreement, the next step is registering your ownership in the Land Registry (Tabu) to ensure the property is legally registered under your name.
Practical Tip: Ensure your attorney verifies that all payments and documents comply with legal requirements.
Purchasing a property in Israel is a significant step, and we are here to make it a safe and successful experience. Contact us today and let us help you turn your dream into reality!