Acquisition of real estate in Israel

About Israel is located in southwest Asia. This state is unique to its geographical position - it washes once three of the sea: from the west - Mediterranean Sea in the east - Dead and to the south - Red. There are deserts, fruit plantations, picturesque lakes. Israel's capital is the city of Tel Aviv. Major cities - Jerusalem, Haifa, Netanya and Eilat. In our time the vast majority of Russians have relatives, distant relatives, friends or former classmates in Israel. This is one of the reasons why the interest of Russians to Israel's real estate is growing steadily. Russian language in the country is widespread and Russian-speaking guests of Israel will never find themselves here in the linguistic vacuum - whether in a restaurant, a shop or on the street. In addition, Israeli medicine is recognized as one of the best in the world, which also contributes to the interest in this country. In cultural terms, is concentrated almost all the major monuments of Christian history, which is close to the Russian people. The country has a large number of resorts, as entertainment, and recreation, in particular, the Dead Sea. A resort of Eilat, located on the Red Sea coast, is one of the most popular worldwide. Here are the most luxurious hotels, all kinds of entertainment that attracts many tourists not only from Israel but from all over the world. Property in Israel In Israel, offers all types of real estate: land, villas, houses, apartments, commercial property, both the primary and the secondary market. Real Estate, including new buildings, always comes with a complete interior decoration, and often with furniture. The average price per square meter in the country is 1000 - 1200?. Of course, prices vary greatly depending on the region or city. The most expensive real estate located in prestigious areas of Tel Aviv, Jerusalem and the Red Sea. Here, in some cases, prices can reach 5000? per square meter. It should be noted that the cost per square meter in the primary market is always higher by 20-30% than in the secondary. The process of buying real estate in Israel When buying real estate in Israel, the buyer, first of all, you need to check who is the owner of the acquired object. The first step is to check the availability of documents on registration of real estate, of which it becomes clear whether a given object with respect to any encumbrance in the form of previously collected mortgage or other loans, liens, arrest, debt, warrants and removal of other restrictions, and whether an object belongs to those who sell it. By the laws of the State of Israel, every transaction in real estate must be accompanied by the contract of sale. When buying real estate in the secondary housing market, made to sign a preliminary agreement (izr. "Zichron Devarim"). There is also a procedure to check with the Registrar of real estate property or taboo (izr. "Lishkat rishum mekarkein"). Here, on the basis of the written consent of the owner of the property, the buyer may issue a provisional record (izr. "earat azar"), which says that the buyer has a preferential right to purchase the property. Thus, the buyer insures itself in case the owner wants to sell the property to several buyers at once. The final stage of real estate made to the Registrar of real estate. Here, with the purchase of second homes, it has to own the property, having the signed and notarized contract of sale. The initial design of the property is issued a construction company and can take 2-3 years. Until then, the document that proves ownership, is a contract of sale. Mortgages and loans in connection with the global economic crisis, some banks became more difficult to get a mortgage, especially foreigners. However, in the presence of collateral, proof of income and residence visa (visa-free entry to Israel, but for the purchase of real estate must obtain a special permit - residence visa), the buyer may count for a mortgage with an initial contribution of 30 to 50 % of property value. The material was prepared by Miel Distant Property Management Company Profile: Distant Property Management - one of the activities of the holding "Miel". Underlying this trend is investment advice on the acquisition and effective use of real estate abroad and in Russia's regions. The idea of ​​creating a project DPM arose in August 2007. Within six months was conducted to develop a set of services included in the DPM. During this time, studies were carried out real-estate markets of foreign countries and regions of Russia, established relations with foreign partners and develop a portfolio of services to DPM. In February 2008 the project became a separate area of ​​DPM holding "Miel". Thus, expanded the range of the Holding of intellectual services. Currently, DPM includes the following set: investment advice, brokerage, management of facilities.