REAL ESTETE

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BUYING AND RENTING COTTAGES, PENTHOUSES AND TOWNHOUSES IN ISRAEL

ASR Service Israel Real Estate offers various options for renting and buying housing. The best options for cottages, penthouses and townhouses in many cities of Israel: Netanya, Herzliya, Holon, Hadera, Rishon LeZion, Caesarea. What type of housing to choose – you decide, taking into account your preferences and financial capabilities.

What is a cottage house

Cottages are known for their distinctive architectural style. These are small houses designed for one family. Cottages are asymmetrical, from one to one and a half floors, with gently sloping gable roofs and small covered verandas. The chimney is the centerpiece of the interior living space, a feature that contributes to the cozy charm.

The cottage is suitable for those who choose:

  1. Independence. You get comfort and services from public utilities, while being independent of your neighbors.
  1. Space. Cottages are usually built with two or more rooms, with a veranda or patio. Large spaces make it easy to move around the house. Conveniences for owners of a private car – cottages with garages offer not only a place for transport, but also additional space for storing various things.
  1. Confidentiality. Cottages are one-story, so there will be no neighbors from above and below. Only you will know where and when you left your home.
  1. Personalization. Cottages can become your workshops, libraries or study. And if you love gardening, you’ll have plenty of space for plants, flowers, and even vegetables.
  1. Availability. Suitable for people with children and pets. You can spend a lot of time outdoors. Just open the door and you will find yourself in your own backyard.

Cottages – perfect way for most people to stay independent while still socializing and being at the center of the action.

What is a penthouse and why should you choose it

A penthouse is a spacious and well-appointed apartment traditionally located on the top floor of a tower block, condominium or hotel.

Living in a top floor penthouse has many benefits, including:

1. Memorable views: Real estate agents often point out that penthouses have some of the best views in town.

2. Outdoor space: In urban areas where outdoor space is a premium, access to an exclusive terrace can be invaluable to residents of densely populated cities.

3. Privacy: Penthouses offer their residents more privacy, as their large size means fewer apartments per floor and usually no one lives above them. These premium homes often have direct access through a private entrance.

Premium penthouse sizes, views and exclusivity are what sets them apart from apartments. Usually in an apartment building there are no more than a few penthouses, which can have many apartments of different sizes – from a studio to a multiroom apartment. Penthouses have a great view, large area, high ceilings.

What is a townhouse

Townhouse – a house on several floors, designed for one family, having one or two common walls in common with another house.

Buying a townhouse you will find many advantages:

  • Price. Buying a townhouse, you can save.
  • Facilities. Townhouses include various amenities such as: swimming pool, playground, clubhouse, garage for cars.
  • Open space for relaxing with family or neighbors.

Many people who are not ready for a detached single-family home will consider buying a townhouse or condo. Because there is an opportunity to share responsibilities with neighbors.

Our experts will help you make the right choice and answer your questions. We want to be useful and helpful to you.

DAILY RENT IN A HOSTEL

There are different types of hostels:

  • for atmosphere and parties;
  • for peace and relaxation;
  • for lovers of extreme recreation;
  • for athletes;
  • for adventurers;
  • for families with children.

Unlike hotels, hostels give you more options and save you money. If you need privacy, most hostels offer private rooms. But even they are cheaper than a room in most hotels.

The ASR Service Israel Real Estate team of experts will help you find a good hostel in different cities of Israel at an affordable price: Netanya, Herzliya, Holon, Hadera, Rishon LeZion, Caesarea. We want to be useful and necessary to you.

What is a hostel

A hostel – temporary type of accommodation, ideal for tourists who love to meet and connect with new people.

The main advantage of hostels is that it’s much more economical than a hotel and allows you to keep the budget for sightseeing in Israel. Hostels have affordable rooms and common areas where you can socialize, relax and share stories with other guests.

If you plan to visit Israel, you need to rent your accommodation in advance. But even with spontaneous trips, you can find a good hostel. The difficulties of renting usually consist in ignorance of Hebrew. To save your time and effort, contact the professional services of the hostel.

Our hostels

Hostels offer daily rent with a small fee for services. Usually, tenants live in common areas, but there are also separate rooms. The hostels have facilities such as a shared kitchen, a common room, bars on site and playrooms for children.

Most hostels have full kitchens. Guests can shop for groceries for themselves, and use the shared kitchen to store and prepare meals. This also applies to the category of people who care about their health, and those who have dietary restrictions – for example, diabetes or allergies.

TRADE IN — PRICE FROM THE DEVELOPER

The Trade in service is an opportunity to exchange your property for a new one. This is a completely legal practice that was introduced in the seventies, as a result of the boom in real estate development.

Representative offices of ASR Service Israel Real Estate are located in such cities as: Netanya, Herzliya, Holon, Hadera, Rishon LeZion, Caesarea. We want to be useful and necessary to you, and we will do our best to meet your desires.

What is the Trade in service?

New apartments and houses are being built to higher standards due to improvements in building codes for moisture, thermal and acoustic performance. Includes the latest energy efficient lighting, heating and other features. A contract is concluded with the client, in which the owner of old property gives his consent to the developer or his delegate for sale, and new housing is bought with proceeds.

Various options for the Trade in service

In the first case, the client chooses a new house or apartment among offers from a developer. When the buyer has made a choice, the company books a new home and in parallel carries out the sale of secondary housing. After the sale of the apartment, the proceeds become a down payment or a full payment for a new house or apartment.

The second option is for clients who find it difficult to vacate or sell their old home. In this case, the mashant is used, and the proceeds from the sale go to repay the loan.

The reason for the popularity of the Trade in service

The Trade-in service with a price from developer is chosen for many reasons:

  1. You can sell old housing at a bargain price. We help clients to sell housing at a fairly high price.
  2. Saving time and effort. All routine work with interested buyers of your house (apartment) and shows are carried out by managers according to the Trade-In service. Houses are sold and bought on the same day.
  3. The service helps to increase the term of booking a new home.

When buying from a developer, getting important information about the building and the property is convenient and easy, as you can visit the sales gallery. With us, the exchange of real estate will happen quickly, in compliance with all agreements.

APARTMENTS AND ROOMS FOR RENT

Before you start signing a lease with the owner, make sure that the rental price offered to you corresponds to the average market value.

To find out the average market price for renting a room or apartment, consider factors that affect the price: center or outskirts of the city, presence of a school, a park area, hospitals, shopping centers, restaurants, floor on which it is located, is their building has an elevator (or Saturday elevator), whether apartment has recently been renovated. Compare rental prices with similar apartments.

In order not to waste time studying the intricacies of the issue of renting real estate in Israel, use our services. Our representative offices can be visited in such cities as: Netanya, Herzliya, Holon, Hadera, Rishon LeZion, Caesarea.

The easiest way to check the usual rental value is to contact a reliable company that specializes in real estate.

What to focus on when renting a room or apartment

Here are some of the main questions that you will have to face when concluding a lease agreement with the owner of an apartment in Israel:

  1. How long can you usually rent an apartment?

Most apartments are rented for a period of one year. The owner may want to return to his apartment, sell it or give it to his children. Therefore, if you are planning to rent for more than one year, do your best to be able to extend your lease beyond the original period.

  1. Who is responsible for paying utility bills and taxes?

In Israel, a tenant is responsible for paying municipal taxes (“Arnona”), water, electricity, house committee payments for telephone, cable and Internet services. Make sure that in your lease agreement, you aren’t responsible for special fees for building repairs or improvements. These payments are the responsibility of the owner.

What type of security must the tenant provide

There are several types of guarantees that are commonly used in the Israeli rental market:

  1. Bank guarantee: the bank will pay the entire amount indicated on the guarantee card to the owner of the apartment. When agreeing to this type of guarantee, it is important to remember that the guarantee can be paid off without the need to prove that the tenant has violated the rules of the lease agreement. In this case, the owner of the leased property is not obliged to inform the tenant that he is terminating the contract. Most often, a bank guarantee is given for a three-month rent.
  1. Promissory note: the owner of an apartment or room can implement the specified promissory note in execution, without the need to file a claim.
  1. Third party guarantees: in this case, the guarantors are put in the place of the tenant, which means that they undertake to comply with all the terms of the contract, as if they had signed the contract itself.

These guarantees protect the landlord if you leave the apartment before the end of the lease or if the apartment is damaged.

Also, be careful if you rent an apartment directly from a private person because you will be giving out your social security number and your bank account information to a complete stranger. It’s safer to work with a trusted company. Our company ASR Service Israel Real Estate helps Israel citizens and foreigners to rent a room or an entire apartment. We want to be needed and useful to you.

BUYING AND SELLING REAL ESTATE

When it comes to buying, selling and renting an apartment, office and any other premises, you want to be sure of all the details. In high-quality searches for landlords and tenants, completed contracts, proven specialists who deal with all these issues.

ASR Service Israel Real Estate will provide a lawyer and legal support in purchase / sale transactions throughout Israel: Netanya, Herzliya, Holon, Hadera, Rishon LeZion, Caesarea. We are accustomed to doing our job well and fully meet the client’s expectations.

Service – a deal without a realtor

Many, when buying an apartment in Israel, understand that with all the competence of realtors, their role is very limited. After all, the process of acquiring or selling real estate is strictly regulated by law. Service – a deal without a realtor comes to the rescue in such matters. It lies in the fact that the interests of the tenant or landlord will be represented by a professional lawyer. This will allow a better approach to the decision and conclusion of the contract and the discussion of all the nuances.

Our company will help you with the conclusion of the following types of transactions:

  • contract for the purchase or sale of real estate, its execution;
  • rent: apartments, houses, commercial real estate;
  • acquisition of new real estate;
  • acquisition of secondary market real estate;
  • the project “settlement and construction” (pinui-binui), Tama 38 (strengthening the house).

If you have a lawyer in resolving issues with the sale or purchase of real estate, you get:

  • When renting real estate, all your rights will be respected, a high-quality contract is drawn up with clearly defined points: who is responsible for malfunctions, who pays for repairs or repairs, whether the landlord will raise price when extending the lease for the same period.
  • When providing housing for rent, all the rights of the landlord will be observed, questions are correctly spelled out: about the proper use of the premises for their intended purpose, timely rental plan, breakdowns, repairs, early eviction and many other nuances.
  • When renting commercial real estate, a high-quality contract is drawn up in compliance with such nuances as: reflecting the needs of business of all parties, long-term lease, ability to continue renting property from a new owner or to obtain right to buy out premises.

It is better to immediately entrust all these legal nuances to professionals in order to avoid mistakes that will entail additional financial costs and loss of time.

Law support of transactions

This service will help you protect yourself when making transactions such as: purchase of new or second-hand housing, purchase of land or land with a house, acquisition of previously confiscated real estate. In all these cases, the purchase process takes place according to the rules that are strictly observed.

Lawyers of our company will represent the interests of the client in any matters. They will follow the sales scheme so that it considers all your interests, register a trust account (hashbon neemanut), and prepare everything necessary for a purchase / sale agreement. They will monitor the correctness of registration of the transfer of rights, obtain approvals, and transfer the second part of the amount from the sale to your account.

In home strengthening projects, tama 38, our specialists will help represent your rights or the rights of all residents of the house. Our attorneys are independent and not funded by the developer. They will help to conclude a preliminary contract before the start of the project, assistance in concluding the main contract for the implementation of the project. They will provide better conditions for acquiring tax benefits and get rid of payments on the “mashevah” tax.

SALE OF APARTMENTS AND OFFICES

There are many factors involved in buying apartments and offices: as a citizen or a foreigner, chosen location, taxes, legal fees, mortgage rates and more. In this matter, it is best to work with experts who can help you sort out the details of your particular circumstances.

We help foreigners and citizens of Israel to purchase a new home or office in the cities: Netanya, Herzliya, Holon, Hadera, Rishon LeZion, Caesarea. We partner with leading market leaders and innovative interior designers to not only help you get your new home, but also be proud of the investment. For us, the desire of the client is inviolable.

Stages of selling apartments and offices in Israel

This process differs in many ways from real estate sales taking place in other countries. Consider the main features:

1. Negotiations. In Israel, sellers are always ready to bargain. This is different from buying property in other parts of the world. Study the cost of similar apartments, compared to one you planned to buy, and boldly negotiate the price.

2. Mortgage, mashant. The mortgage you receive may vary depending on your bank, financial history, and income. It’s usually much lower here compared to other countries. You’ll have to pay a significant amount as a down payment. We’ll advise on many issues, including the reduction of mashkants for real estate.

3. Tax payments. Be aware of the numerous property taxes. For example, Mas Rechisa is a property tax that varies significantly depending on the value of your apartment. It must also be paid within the first 50 days of signing the contract.

Other taxes include Arnona (city tax) and Vaad Bayit (building or property tax). Depending on where you live, these costs may also vary. Please note that if you plan to rent out your property, these costs are the responsibility of the tenant.

4. Other fees. If you buy property from a cablan (intermediary), you need to pay approximately 1.5% of the developer’s value. Our real estate lawyer will help you understand all the contractual details. There may also be a number of other fees to consider: property inspection costs, foreign currency transfer fees, land ownership, and homeowners insurance.

Main types of real estate

There are four main types of residential property in Israel:

  • flat;
  • cottage – more than one floor, connected to another building, with a separate entrance;
  • villa – a house with an adjacent territory;
  • penthouse – top floor with roof terrace.

ASR Service Real Estate will help you realize the dream of your own home and choose a worthy option. Contact us by clicking on the link and a team of experts will be happy to help in the sale or purchase of real estate.

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