New Apartments For Sale In Israel

New Apartments

"Buy New & Pay Later"

Q & A

How?

Reserve a brand new apartment of your dreams in israel through I.L.A.N. with one of our quality developers in top locations throughout Israel , placing a 20% deposit on the apartment price with no further payments to the builder until you get the keys. The developer is financially secure and does not need your money to finish building the apartment. This speaks volumes about the nature of whom you are buying from.

Okay so where's the catch?

All new apartment sales are denominated in shekels, so there may be currency fluctuations and thus exposure. This is zero sum so whilst you could lose out you have an equal chance of profitting.

Anything else ?

Deferred balances on new apartments in Israel are linked to the building index published once a month which reflects inflationary increases in the construction industry. Typically the building index rises by around 5% p.a. so if the money does come to hand earlier, it sometimes pays to transfer money to the builder before you are contractually obliged to do so.

So I don't have to sell my apartment abroad now?

Precisely! You have time to sell at the best possible price and can wait until closer to your aliyah / completion date so that you don't have to move HOME twice either.

What other costs are involved?

Purchase tax 0-7% depending on the price of the apartment and whether you already own an apartment in Israel

Builders Lawyers 1.5% + vat

Your Lawyers 0.5% + vat

Agency / Registration Fees 1%

Which projects are included in I.L.A.N's "Buy New Pay Later" scheme?

We have eligible projects in many locations in Israel including Netanya (Ir Yamim), Jerusalem (Ramat Rachel), Kiryat Ono, Ramat Aviv, Rechovot, Zichron Ya'akov & more. For up to date prices and availablility, just drop a line to yael@ilanrealestate.com with "Buy New Pay Later" in the subject line providing your contact details, number of rooms and floor preferences and we will send you full details.