How to buy an apartment in Israel
How to buy an apartment in Israel
Own apartment in Tel Aviv or onThe coast is the dream of many Israelis. Russians who plan to move to this country or who want to have a permanent place for a family holiday are also interested in buying local real estate. The sea, the warm climate, the close mentality of the locals make this country very attractive for life.
You will need
- - international passport;
- - money to buy an apartment, pay for agency services and taxes.
Instructions
1
Deciding to purchase flat at Israel, do not pull - property prices in this countryhave a steady upward trend. Especially it concerns houses in Tel Aviv and Jerusalem. If you choose these cities for your residence, be prepared to pay more than the average market price ($ 285,000).
2
Carefully refer to the searchagency-intermediary. Look for a solid company with a good history in the real estate market and a solid reputation. You can contact the Israeli agency directly or find a Russian partner company via the Internet. Having chosen an agency, conclude a contract for the provision of intermediary services and make a small advance.
3
Agents are looking for suitable options for you andoffer a choice of several apartments, most suited to your requirements. The subsequent registration of property rights has some nuances, depending on whether you decide to purchase a new building or a secondary real estate market facility.
4
Buying a new flat, conclude a preliminary contract-application throughagency. After that, pay the preliminary fee - it is from 1% to 5% of the value of the future purchase. The next item is the coordination and verification of the contract with the developer. The final contract is concluded one month after the signing of the initial application. By this point you must pay 10% -15% of the price of the apartment. Note that the cost of the object can vary - they are tied to the price increase index.
5
Buying secondary real estate requires mandatory verification of the seller's right to flat, and also completeness and correctness of filling of all documents. After filling out the contract of sale, coordinate the deal with local authorities.
6
Usually the final settlement takes place withinthree months. If you do not want to overpay, indicate in the text of the contract a fixed amount (not less than 80% of the price) that you are obligated to pay to the seller's account within the next 60 days. But if you violate the conditions, you are threatened with penalties (this point is also indicated in the text of the standard contract).
7
Register ownership of the new flat in the bodies of state registration. Do not forget about paying the property tax - it's 3% -5% of the price of the apartment. The tax must be paid within 50 days after the signing of the preliminary application for purchase. When buying a new building, the connection of water, gas and electricity is paid separately.
