Purchasing new construction in Israel is a complex transaction, both legally and financially. Often, when entering into the new construction agreement, completion is two to three years away and you are buying a home, off blueprints and technical specifications. The Israeli law of sale is designed to keep your money safe, if the contractor goes bankrupt or doesn’t complete the project.
The goal of this article is to provide guidance regarding what to consider when choosing a community in Israel, and to provide a key for understanding the profiles included in the NBN Community Guide.
Guest Contributor: Eden Investments If you are buying your first apartment in Israel, you may find that the process is slightly different than what [...]