Israeli land ownership for dummies

| 10 mai 2015 2,100

I am a new immigrant and I don't know anything about the Israeli land system. Can you give me the basic concepts in a few words?You should know that in Israel, land is the inalienable property of the State. Private property represents only 7% of the country's surface area, the remaining 93% belongs to the State. The law prohibits the transfer of ownership to others.

But then, how does an individual who wants to buy land to build his house proceed?

I would like to know what the amount of this acquisition tax (mas rehicha) is?

How are real estate properties registered?

Very good. But how can I be sure that the seller actually owns the property he is offering me to buy?

Attention! In Israel a promise of sale is binding!

#land #real estate #israel

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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