Avraham Kaviri
Kaviri’s architectural designs blend the International Style with local building traditions, creating functional and aesthetically pleasing structures that stand as testaments to the architectural innovation and creativity characterizing the Zionist movement’s early years and modern Israeli architecture.
Recent Old Jaffa Transactions
Recent Transactions in The Old Jaffa Eclectic Buildings of Tel Aviv Recent Jaffa Transactions Edit Date Address No of Rooms Sale Price Size Price/m² Floor Neighborhood 27 Apr. 22 בעל הטורים 3 5 ₪5,800,000 110 m² ₪52,727 שניה+שלישית צפון יפו 3 Mar. 21 שמואל בן עדיה 1 3 ₪4,440,000 71 m² ₪62,535 שניה עג’מי וגבעת […]
Passage Pensak: Tel Aviv’s first elevator and rooftop restaurant
Introducing Passage Pensak (The Pensak Corridor): Tel Aviv’s FirstElevator and Rooftop Dining Experience.
Tel Aviv real estate holds steady thanks to low supply and a steady stream of demand.
The CBS numbers are out. A comparison of the transaction prices month over month shows a decrease of 0.2%, hardly the crash that most predicted. A year of year comparison still shows an appreciation of the index 12.7%. It is however the first negative reading of the index since Apr 2020 at the height of the COVID crisis. Is it the start of a slow and painful death or a lone event?
Is the Tel Aviv real estate market in a state of oversupply?
The number of transactions has drastically fallen. The speed and violence of the drop in volume is unprecedented. Prices of new units have come down, but our research points to a fall in prices that is not commensurate with the fall in the number of transactions, far from it actually.
Finally prices are capitulating.
Despite facing a confluence of challenges such as rising interest rates, the technology industry’s recent struggles, the rapid decline of Silicon Valley Bank over just 48 hours, significant decreases in startup valuations, the turbulence of Bitcoin, and the seemingly interminable Ukraine conflict, real estate prices in Tel Aviv have remained relatively stable. However, it is worth noting that transaction volumes have decreased considerably.
Real Estate Purchase Tax Calculator
Every year, during the month of January, Israel Tax Authority publishes new thresholds for Mas Rechisha (Purchase Tax in Israel) according to the Central Bureau of Statistics Home Prices Index for the previous year.
Ultra Luxury Properties Riding the Market Turbulence
Last year, the residences in Herzliya Pituah emerged victorious over Tel Aviv’s penthouses, a feat they’ve accomplished multiple times. The highest-priced residential transactions in Israel during 2022 once again demonstrated that, whilst Tel Aviv’s luxurious high-rise apartments are impressive, there’s simply no substitute for a private spacious home and garden, particularly one that overlooks the sea.
A Fun Day Trip to Beit Lehem HaGlilit Spice Market
Beit Lehem Haglilit is a small town located in the north of Israel, famous for its spice market, which is a must-visit destination for foodies and travelers looking for an authentic taste of the Middle East. Whether you’re a local or a tourist, a day trip to the Beit Lehem Haglilit Spice Market promises to be a fun and flavorful experience.
When Numbers Lie!
Bezalel Smotrich has a tough year ahead juggling between increased fears of a recession a widening wage gap and skyrocketing real estate prices across the country.
