Business

As we step into 2024, many are left wondering: Is now the right time to invest in real estate? With interest rates fluctuating, economic uncertainties lingering, and the housing market showing signs of both resilience and volatility, it's only natural one might feel uncertain about making such a significant financial decision.

The recent months have demonstrated how deeply the spirit of volunteering and community contribution is embedded in Israeli society. Yet, alongside the impressive enrolment of many individuals and businesses during the war on Hamas, there are entities for whom community responsibility has long been a way of life.

The Israeli real estate market is entering uncharted territory in Q1 2024, with recent events, notably the 7/10 attack and the ensuing conflict in Gaza, casting a significant shadow over the buying and selling landscape.

Whether you are a first time buyer, upgrading or downsizing your current apartment, an investor or buying a vacation apartment in Israel, you are probably asking yourself whether it’s the right time to buy.

Where and what type of property should I purchase? What areas offer the best value? What are the up-and-coming locations? How much can I afford to invest in my purchase? Should I buy a new property or renovate? And how do I go about the complex process?

Though Israel is thousands of years old, its real estate market is booming more than ever. The Central Bureau of Statistics reported a 37% surge in residential transactions in Israel last year, with sales continuing to skyrocket.

Relocating to Israel may sound exciting as you look forward to enjoying a new environment. Buying an apartment in Jerusalem, however, should be...