Buying and selling
Rental management is our main business. It has taught us what lets, what resells and at what price. That is what we bring when you buy or when you sell.
An agent who only does transactions sees a property on the day of the viewing. We walk into apartments twice a year, follow the building charges, and know which blocks have voted works and which have been carrying a leak for three winters.
None of that is visible in a listing. It decides the essentials all the same: what a property is really worth, what it will cost to maintain, and the rent it will actually produce.
The process
It works nothing like a purchase in France or the United Kingdom. There is no notary: lawyers carry out the deal, and almost all of the checking happens before signature, not after.
Two useful reads if you are buying from abroad: buying an apartment in Israel from France and the key steps of a purchase from overseas.
Before you sign
We replace neither the lawyer nor the surveyor. We tell you what to ask them, and we go and look.
You are preparing a purchase, to move in, to house the family, or to place savings in a country you know.
You are selling a property, whether it is tenanted, empty, or already managed by us.
Selling from abroad
Selling from overseas has to be prepared differently. The power of attorney must be drawn up in the form the tabu expects, and the lawyer has to be able to act without you taking a flight at every stage. Mandate and power of attorney for a sale, then the authorisations to gather.
Two situations come up again and again. The property is tenanted: the lease follows the sale, the buyer takes on the tenant, and the guarantees have to be transferred properly. Selling a tenanted apartment. The property comes from an inheritance: nothing is signed before the succession order (tsav yerusha), and the heirs have to speak with one voice. Selling during an unfinished succession, the costs you can deduct.
On a resale, capital gains tax (mas shevach) may apply. Your lawyer calculates it, with any exemptions, before you set your price.
After the purchase
The next question comes quickly: who opens the door for the plumber, who finds the tenant, who answers the city. That is our main business, and the logical next step after buying from abroad. You have just bought, who looks after the property.
If the property is meant to be let, the reasoning starts before the purchase: buying to let, the checks before you sign, new build or existing, and buying without making aliyah.
A purchase or a sale in Israel turns on documents, not on promises. The Chouraki & Associés firm handles the contracts, exactly as it handles our leases. You know what you are signing, and why.
Your contact is Franck Zeitoun, who opens and follows the files. The first conversation is there to understand what you are looking for or what you are selling, and to tell you plainly whether we are the right people for it.
Good to know
No. The deal runs through lawyers: each side has its own, and it is the lawyer who drafts the contract, checks the title at the tabu and follows the registration through. The firm that drafts our leases works on sale contracts in the same way.
Yes, with a power of attorney drawn up in the proper form and a lawyer to receive the funds. We do the viewings, we film the property, and we tell you what we would notice if we were buying it ourselves.
Purchase tax (mas rechisha), the lawyer’s fee, the agency commission where there is one, and the cost of translating or legalising documents. Your lawyer puts a figure on all of it before you commit.
No. A non-resident can buy property in Israel. Your status does change how purchase tax is calculated and how rental income is taxed, so it is worth checking before you sign rather than after.
The lease continues with the new owner. The current contract, the guarantees already lodged and the end date all need checking, then the handover has to be arranged with the tenant. We do this regularly for the properties we manage.
Buying, selling, or just a valuation before deciding. A few minutes are enough to know where you stand.
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