Property as an Investment vs. Utility: Debriefing Considerations for Property Ownership in Israel

When considering buying a property outside your 'home' country, the world becomes your oyster. You could be eyeing the United Kingdom, the USA, or perhaps Eastern Europe. The choices are as diverse as the countries themselves. The first crucial consideration you need to make is why you are buying offshore. Is it for investment purposes, part of your diversified portfolio, a holiday home, a buy-to-let, or a move to a new jurisdiction? These are all valid reasons to purchase property abroad, and sometimes, the decision is a tough one, while other times, it's made for you, making execution easier.

Once you've settled on your purpose, the 'where' becomes the next critical consideration. In the case of Israel, there's an additional factor to ponder – an emotional connection with the country. Perhaps your children have emigrated there, or your long-term plan is to retire in Israel. Maybe you see Israel as an economy with considerable upside potential. All of these factors need to be weighed when making your decision. Then, it's time to delve into the financials. What's your budget?

Other considerations that come into play depending on your purpose for buying include:

Cashflow: Assess your financial situation.

Family Age: Consider proximity to schools, medical care, sporting facilities, playgrounds, and parks.

Work Location: Evaluate the influence of your workplace and public transport infrastructure.

Renting Out: If you're buying for renting purposes, think about your ideal tenant profile and how much time you can dedicate to property management if you haven't emigrated yet.

With these questions in mind, it's time to find some answers. That's where Hold comes in. We're here to guide you through the entire process of buying property in Israel. With years of experience in assisting clients with purchasing homes in Israel, our approach is personal and detail-oriented. We prioritize understanding your responses to the above questions to tailor a solution that meets your specific needs. We listen, we understand, and then we execute!

Hold offers a variety of developments across Israel, chosen not only for their locations but also for their quality, proximity to essential amenities, and the flexibility they offer our clients. We understand the complexities of buying property in Israel from abroad, ensuring that all financial aspects are taken care of, properties are managed efficiently, and your experience is both satisfying and rewarding.

Trust us to “hold” your hand on this journey. We look forward to partnering with you.

Join us on Zoom: Join the conversation with Julian Nathan, Managing Director of Hold Real Estate as we delve into the most common questions asked about investing in the Israeli Real Estate Market.

Tuesday 10th October 2023 at 9:00 pm IDT.

Click here to register on Zoom: https://us02web.zoom.us/webinar/register/WN_VXLaneGKSc6zz2MlCpdEJg

Meet Us in South Africa:

We will be in South Africa from the 16th until the 20th of October and would love to meet you to discuss your journey to owning property in Israel. Call me on 0532417778 or email noah@hold.co.il.

Click here to schedule an appointment: calendly.com/noah-ucg