The No-Brainer: 5 Reasons to Invest in Israeli Real Estate
- Author Madeleine Alush
- Published March 4, 2011
- Word count 333
While other real estate markets wither, the Israeli one is thriving. There are 5 important reasons that any investor/opportunity buyer should know about.
Reason #1- The Crisis
Let's begin with the recent one: Israeli economy wasn't damaged by the current financial crisis as severely as were other developed countries economies with strong and sought-after real estate markets. To name a few of those crisis-ridden states: USA, Spain, Ireland, Russia and The Emirates. The market in the countries mentioned above, suffered an unprecedented blow, diminishing the values of properties drastically, meanwhile, Israeli real estate market is getting stronger by the day, and there is no apparent or clandestine reason to believe it will stop in the long run.
Reason #2- The Yield
The annual investment yield of approximately 10% leaves little if any doubt about the profitability of the endeavor.
Reason #3 - The Demand
The demand for the new living spaces is always an issue. Being a small country, Israel has a little territory for development and every piece of land counts. There is no risk of market being oversaturated with property. This situation will never occur for another reason apart from the previous one - Jews from all over the world come to live in Israel and invest in its economy, primary in real estate. For instance: the recent rise of anti-Semitic agenda in France led to tens of thousands of French Jews immigration to Israel purchasing property by the bundle.
Reason #4 -The Price
In comparison to other attractive real estate markets, the real estate prices in the coastal areas of Israel still remain reasonable.
The cost of a one apartment in London or Dubai will buy you few apartments in Tel Aviv.
Reason #5 - The Mystical Factor
Being sacred to Jews, Arabs and Christians for ages, The Holly land and Jerusalem remain an attractive incitement for the real estate buyers with religious inclinations. I hope I am not offending any one by saying that Israel is a huge theme park for the pious.
The article is written by Madeleine Alush, Marketing Director of Berggruen Residential, marketers of "Meier on Rothschild" Tower - luxury apartments in Tel Aviv.
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