Frequently Asked Questions

1. Can I buy property in Jerusalem as a nonresident?

Yes! Nonresidents can purchase property in Israel, including Jerusalem. The process is straightforward but requires legal and financial guidance. We recommend working with a local real estate attorney and a knowledgeable agent to navigate contracts, taxes, and bank transfers.

2. What are the costs involved in buying an apartment?

Beyond the purchase price, you’ll need to account for the following:

• Purchase tax (Mas Rechisha), typically between 5–8% for nonresidents

• Legal fees (~1% + VAT)

• Agent fees (up to 2% + VAT)

• Bank fees for foreign currency transfers or mortgage arrangements

• Potential renovation or furnishing costs

3. Do I need to be in Israel to buy a property?

No, it’s not necessary. Many of our clients purchase homes from abroad. With power of attorney, we can represent you throughout the process, including signing contracts and completing the registration.

4. Can I get a mortgage in Israel as a foreign buyer?

Yes. Israeli banks do offer mortgages to foreign buyers, usually up to 50% of the property’s value. Requirements vary, so it’s best to consult a mortgage broker or banker familiar with working with international clients.

5. Is buying a home in Jerusalem a good investment?

Absolutely. Jerusalem real estate has shown long-term appreciation due to high demand, limited supply, and its global significance. Whether you’re looking for rental income, a holiday home, or long-term value, Jerusalem offers strong potential.

6. What neighborhoods are popular among English-speaking buyers?

Top areas include Baka, German Colony, Rechavia, Talbiya, Katamon, Arnona, and the City Center. Each neighborhood offers its own lifestyle, access to amenities, and real estate character — from historic charm to modern luxury.

7. What types of properties are available in Jerusalem?

Buyers can find everything from historic stone homes to modern luxury apartments, new developments, penthouses, garden units, and even investment rentals. We’ll help you find what fits your needs and budget.

8. How long does the buying process take?

Typically, the full process takes 60–90 days from signing to closing. However, timing can vary depending on financing, due diligence, and seller readiness.

9. What is Mas Rechisha (purchase tax) and how is it calculated?

Mas Rechisha is a tax paid to the Israeli Tax Authority upon purchasing property. Rates differ based on residency, number of properties owned, and exemptions. Nonresidents usually pay between 5–8%, though we can help you estimate your exact liability with our calculator.

10. Are there restrictions on renting out my apartment?

You are allowed to rent out your apartment, either long-term or short-term (Airbnb), depending on local regulations and building bylaws. We can guide you based on your property and goals.

11. Can I buy in a project that’s still under construction?

Yes, many buyers prefer new developments for modern amenities and payment flexibility. We represent several reputable projects throughout Jerusalem and can walk you through the purchase timeline, payment stages, and legal protections.

12. What’s the difference between a resale and a new construction apartment?

Resale units are immediately available and may require renovations. New construction offers modern design and infrastructure, but involves waiting for completion. Each has pros and cons — and we’ll help you determine what’s right for you.

13. Who handles the legal process of buying property?

An Israeli real estate attorney will review contracts, handle title checks, negotiate terms, and register your ownership. We work with experienced attorneys who are fluent in English and familiar with foreign buyers’ needs.

14. How do I transfer money to Israel for the purchase?

Funds can be transferred via international wire to your Israeli attorney’s escrow account or directly to the seller’s account. Banks may require documentation for compliance, so it’s important to prepare in advance.

15. Why work with Jerusalem Real Estate (JRE)?

At JRE, we’re more than agents — we’re your partners in navigating the Jerusalem market. We offer expert knowledge, transparent guidance, and personalized service. Whether you’re buying your first home in Israel or expanding your portfolio, we’re here to make the process smooth, informed, and rewarding.