Eretz Yisrael is the focal point of our world, the land of milk and honey from where all blessings pour forth. It is the place we carry in our hearts and minds, always. For Yidden the world over who yearn to be connected to Eretz Yisrael in a tangible way, the desire to purchase a property there is a dream, understandably so, and it is our vision at the Getter Group to bring that dream to fruition.
For most people, it is not viable to uproot a family from its financial and general stability and community. Often, it is simply unattainable.
Yet, as soon as the Jew with the right ideals is financially and practically able, one of the first things he is motivated to do is visit Eretz Yisrael. And as soon as they can afford it, many families look into buying apartments in Eretz Yisrael.
For many of those who were yet unable to make the move, the yearning for their true home doesn’t peter out. We at the Getter Group are in contact with many such Jews who express their feeling of connection by buying or building an apartment here. Some rent it out as an investment for the time being, while others prefer to keep it available for their own visits, perhaps renting it out short-term between trips. We are impressed time and again by these people’s ideals and priorities, and their persistence in making their lifelong wish a reality.
After much demand from prospective buyers, this 16-article series has been launched by the Getter Group to tackle the topic of the real estate purchase process, with a special focus on buying real estate in Israel.
Especially when doing so in a foreign country, purchasing real estate can be a very daunting task. Prospective buyers are faced with many dilemmas, which often require much time, knowledge, and careful planning in order to ensure that they reap the utmost from their investment.
It is our hope that this column answers all of those lingering questions, and more, to ensure that you approach your next real estate purchase with much confidence. Knowledge is power; by sharing tips and secrets from the market, our goal is to empower you toward making an educated decision with the confidence and ease that proper direction engenders.
Shia Getter is the CEO of the Getter Group, a full-range real estate services firm in Jerusalem catering to the Anglo investor. He is a noted expert, columnist, and author of The Guide to Investing in Jerusalem Real Estate. He and his professional team manage many upscale Jerusalem properties and have helped countless people buy, sell, and renovate property in Israel.
This article is intended to provide general information about the subject matter covered. It is not meant to provide legal opinions, offer advice, or serve as a substitute for advice by licensed, legal professionals. This article is published with the understanding that the author or publisher is not engaged in rendering legal or other professional services.
The author does not warrant that the information is complete or accurate, and does not assume and hereby disclaims any liability to any person for any loss or damage caused by errors, inaccuracies or omissions, or usage of this article.
Laws and interpretations of those laws change frequently and the subject matter of this article has important legal consequences. If not understood, legal, tax, or other counsel should be consulted.