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Arthur Yakubovich
Your local guide to real estate in Israel

Real Estate Terms in Israel

Photo by Joshua Hoehne on Unsplash

Planning to purchase property in Israel? Interested in local real estate? Looking to improve your professional Hebrew? This glossary will help you understand some of the basic terms of real estate in Israel. Let’s go.

Arnona  – Land tax (municipality tax of the living space, paid every two months or annually)
Adrichal – Architect
Bayit – Home, house
Bedek Bayit – House inspection
Binyan – Building
Chanaya – Parking spot
Chatzer – Courtyard
Cheder – Room
Choze – Written agreement, contract
Dira – Condo, apartment, flat
Dmey Schirut – Monthly rental payment
Dmey Tivuch – Real estate agent or realtor fee
Dunam – a piece of land of 1,000 square meters  or 10,764 square feet
Hearat azhara –Caveat registration, warning note (to ensure rights of the property)
Iriya – Local municipality of a city
Ishur ekroni – Mortgage pre-approval document
Karka – Land
Koma – floor, storey
Kone – Buyer
Maalit – Elevator
Ma’am – VAT, value added tax (17% as of 2022)
Mamad – Safe room, security room in the apartment
Mas rechisha – Purchase tax
Mas shevach – Capital gains tax, betterment tax (when selling your apartment)
Maskir – Renter, landlord
Mashkanta – Mortgage
Meatsev Pnim – Interior designer
Mechir – Price
Metavech – Realtor, real estate agent
Mifrat techni – Tech specs (of a new project, including both apartment and the building)
Mirpeset – Balcony, terrace
Misrad tivuch – Real estate agency
Mocher – Seller
Nadlan – Real estate
Orech din –Attorney, lawyer
Ribit – Interest
Salon – Living room (living room is included in the number of rooms)
Shamai – Appraiser
Shetach – Area, property size
Shiputzim – Renovations
Tama 38 – National Outline Plan for the seismic strengthening of existing buildings
Tamhil – a combination of different loans of your mortgage, each loan at a different interest rate
Va’ad habayit – Tenants committee (both the committee and the monthly payment)

Arthur Yakubovich is a CVO of Buy Home in Israel, your local guide to real estate in Israel. Visit the website for more information or contact him directly at +972-546802247 or arthur@bhii.co.il.

About the Author
Arthur Yakubovich is a real estate expert in Israel, specializing in serving English-speaking clients. His rich experience in the local market inspired him to write about Israeli real estate and thus guide and educate many who are interested in purchasing, selling, and investing in local real estate.
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