HAPPY AS AN ISRAELI!

| 4 octobre 2018 2,187

A report drafted by the Central Bureau of Statistics on the eve of Rosh Hashana indicates a set of data that is surprising to say the least about Israelis, considering the social divide that is difficult to ignore in Israel.

8,900,000 INHABITANTS:

89%

74.4%live in cities even though they know that housing is expensive there.

37%

31%

84%

21%

170 MONTHS OF SALARYto buy an apartment!

4.2%

THE AVERAGE ISRAELI WORKS

36.2 hours

10,109 shekels

139.5 BILLION SHEKELShave been invested this year in construction

61%

8.7 MILLION M2

Average construction time:29.1 months

The typical Israeli is therefore aware that they will have to live on the outskirts of major cities if they want an apartment that meets their needs.

16,200 KM/YEAR

seniors

Faced with these rather astonishing figures, real estate investment in Israel still has great prospects... despite all the recent reforms and taxes!Sources: Globes ,Ministry of Construction, Ynet, Central Bureau Of Statistics

Rémy Allouche

CEO, Immobilier.co.il — Immobilier.co.il

Immobilier.co.il is the leading real estate portal in Israel for French and English-speaking audiences. Founded in 2004, the site has been connecting international buyers with Israeli real estate agencies and developers for over 20 years.
The platform stands out with its unique multilingual coverage, offering seven language versions and automatic distribution of listings to over 70 international real estate portals. This network allows real estate professionals in Israel to reach a global clientele effortlessly.
With a significant subscriber base and substantial monthly traffic, Immobilier.co.il has established itself as an essential gateway for anyone looking to buy, sell or invest in Israeli real estate from abroad.

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