If you are buying your first apartment in Israel, you may find that the process is slightly different than what you would expect in your home town. This guide provides general information about the process of buying an Israeli apartment and explains your options and legal rights at each step of the way.
1. Identifying, Choosing and Evaluating the Apartment
- School district
- Neighborhood maturity (are the facilities in the neighborhood up and running, is the population older/younger, etc.)
- Proximity to religious and social centers
- Physical appearance: When considering a new apartment you may want to consider a building engineer and sometimes an architect, to review the plans and technical specifications. If you are buying a new apartment, you may want to make changes to the layout (as soon as possible in the process).
- Zoning: Residential vs. commercial; future expectations; seller issued declaration.
- Legal status: Who has title to the apartment, any outstanding liens; seller issued declaration.
One word of advice: Prepare in advance. Know the market and the neighborhood. Understand the pros and cons of the apartment and remember – not every apartment is a good fit for you. If the price is not right, be ready to walk away. You will find other apartments! With that said, don’t be too stubborn – don’t let the seller feel you are not budging because that will put him on the defensive end.