Are you planning to purchase a new property in Israel? Buying a property is an important step that requires a lot of deliberation and decisions that are not so simple. However, financial planning for purchasing a property is an important step in the decision process. Homes in Israel are very different between them. Modern or traditional style, you can find everything you want, it depends on you which is your favorite.
The basics of buying homes in Israel
In Israel, both the Buyer and the Seller pay commissions to their respective Agents. Real Estate Agents in Israel predominately charge 2 % of the price of the property. As a Buyer, you can choose a Real Estate Agent first or just look for properties and deal with the individual Agent who is representing that particular property. Whichever course you choose, negotiations are conducted between the Agents. Before an Agent will show you a property, they will ask you to sign a “Request for Real Estate Services”. This form is required by Israeli Real Estate Law and becomes the Agreement which legally entitles the Agent to a commission. Make sure that the exact address is indicated on the Agreement, especially if you are looking at property with more than one Agent, so you don’t get into a situation where you obligate yourself to pay 2 commissions for the same property.
Extra costs in purchasing a home in Israel
Unlike in the United States, where the seller usually pays the real estate agent around five percent of the selling price, in Israel it is customary for the buyer to pay the Real Estate Agent a two percent commission. Add to that the Value Added Tax (VAT) which is 15.5% on top of the commission. In addition to VAT, there is also a Purchase Tax on property.
For today we gather a great collection of 8 Luxury Homes in Israel Presented on Designrulz. Enjoy!
Built in 2008 in a pine wooded area by Alroy Hazak Architects, the F House is a contemporary beauty in Savyon, Israel. Constructed in a pine wooded area, this house integrates with the rhythms and textures of the landscape. The envelope of the house is a steel structure with dramatic, custom wood frames that create continuity with the adjacent property both from the exterior views as well as from within the home. With 2,799 square feet of lavish spaces, this is a home for lovers of the high life. The house is comprised of three wings: The wood and metal public wing, the bedrooms wing and the services wing. The last two are conventional plastered boxes which create a dialogue with the envelope by the reappearance of the wood in all the openings.
Interior Designer Rotem Guy recently redesigned the interiors of a house built in the early 50’s.It is located in Porat, a moshav in the Sharon plain in central Israel. The original house was built in 1951 for a Jewish immigrant family from Libya. At first it was a tiny unit, typical of the houses built by the Jewish Agency in those years. Through the years, as the family grew, the house was enlarged.
The Hendel Residence is a contemporary family home that was designed by SaaB architects. Completed in 2009,the house is located in Kfar Yehoshua, Emek Israel. The home itself sits on a 175 square meter area.
This home has been designed for a client who wished to build his home next to his farm. The design combines some of the utilitarian images of the agriculture buildings in that area with the fascination to the ‘beams’ construction of a ‘country home’. The house is divided in three parallel strips: private, semi private and public. By doing so, the possibility exists to have the one (living) part with the (northern) light open to the yard and the view. The private (southern) part is closed by concrete walls.
TV House is a project completed jointly by Pazgersh architecture + Design & Michal Keinan Sinai. The home is located in Tel Aviv, Israel, and was finished in 2015.The house was planned for a family with children and includes a large master suite. On the ground floor, an open plan provides public spaces such as: a kitchen and a dining area, a library and a living room around the pool area. On ground level, cultivated fauna acts as a backdrop toward the eucalyptus trees. In the lower level a private courtyard is situated next to the bedrooms. In the designing of the exterior elevations, a framing element is used to capture a segment of the landscape scenery.
Israeli architectural firm Sharon Neuman Architects has designed the House E. Completed in 2010, this 3,229 square foot contemporary home is located in Haruzim, Israel.
Nestled in the busy neighborhood of Ramat HaSharon in Israel, this fabulous private residence brings together traditional Middle Eastern form with modern design elements in an effortless manner. This inspiring private residence creates the perfect background for a life filled with happiness and relaxation. Under the harsh Israeli sun, creative minds of Tel Aviv-based studio Pitsou Kedem Architects imagined a contemporary oasis. Yet, the use of a steel frame and large glass windows gives it an inherent modern vibe. With large sliding doors blurring the line between the interior and the beautiful backyard, the homeowners could well be tempted to spend more time outside!