Luxury real estate | Aya Shalev

Category: Luxury real estate (2)

Apr

What is Your Real Estate Purchase Profile?

If you’re interested in the world of real estate, you may have heard the phrase “purchase profile”. It refers to the purchase characteristics and tendencies of a person or company when it comes to real estate. Just like shopping for clothes, cars, home decor, and even shoes, we all have our own preferences, which means we have a purchase profile for each category and industry that we actively buy things in. In real estate, some like solid investments that provide steady growth with almost zero risk, like real estate in Israel, while others prefer high reward and also high risk investments that can mean either losing everything or doubling the investment within a short time period.

It is important to know and define your purchase profile in real estate because when you work with real estate agents, things will be much easier if you can provide them with this information. It will help them find properties and investment opportunities that are perfectly in line with your preferences.

Here are the most common purchase profiles. Are you one of them?

IDEOLOGIST

The ideologist profile is for people who make real estate decisions based on motives other than making money from their investment, like ideological or religious reasons. For example, many invest in luxury real estate in Israel because they plan on making Aliyah or want to support a country that they feel a connection with. Because the prices have only been rising in recent years and that’s not expected to change, it is best to buy sooner rather than later, even if you plan on making Aliyah years from now. It is a very safe investment and it will save you a lot in the future when you finally make your move.

TRAVELER

If you travel a lot to Israel, your reason for purchasing could be to have a second home where you can stay when you’re here instead of staying at hotels. Since you can rent out the apartment or house when you’re not there, the investment quickly proves to be worthwhile and a lot more cost-effective that hotels, especially if you travel to Israel a lot. There are a lot of cities in Israel that are right on the beach, with the most popular one being Tel Aviv. Finding an apartment a couple of blocks from the beach, maybe on a higher floor with a view, could make your regular vacations in Israel even more unique.

INVESTOR

This profile describes people who purchase real estate for investment only purposes, meaning they are only doing it to make more money and are looking for the best financial return on their investment. Real estate in Israel is very strong and has been growing consistently over the past several years, making it a very attractive location for people with the INVESTOR purchase profile. If this is your profile and you’re looking to buy real estate in order to make more money, consider Israel as an investment location. With a reliable real estate agent that specializes in finding real estate investment opportunities based on your unique purchase profile, you are sure to find the high-return investment you’re looking for.

Whatever your purchase profile, you should clearly define what you’re looking for and why and work closely with an experienced real estate agent to find the best real estate locations and opportunities for you.

Oct

How to Find Your Dream Apartment in Israel

When talking about apartments for sale, it should be stressed at this point that you enter a wide playing field by any measure. There is an endless variety of options, therefore it is required to make several important decisions before starting the search.

Geographical Area of Your Luxury Apartment

First, and perhaps above all, the geographical area of the apartment should be taken into consideration. While there are people whose searches are more flexible (say, the central region of Tel Aviv), others tend to lean toward specific streets, or even one specific street in the city.

Variables for Your Israel Apartment Hunt

Second, a long list of variables must be taken in account: one must ask whether it is an old or new apartment, or maybe an old apartment that will be upgraded as part of a TMA 38 plan .

Infrastructure of Your Apartment in Israel

Third, it is important to carefully review the characteristics of the apartment and the building together, among other things, in terms of existing infrastructure (elevator, parking, safe), or the technical data of the apartment: area, number of rooms and the like. Since these characteristics greatly affect the price of the apartment, it is important to define in advance the price range you can afford.

Hiring a Reliable Real Estate Agent

Fourth, the real estate agent is the key to your search. With a professional and reliable real estate agent, you can get the most relevant apartments that answer your needs and be redirected to something you didn’t know you wanted, but the agent with his experience could easily see that it is relevant to you. Most importantly, you can negotiate the final price more effectively with a mediator that knows the prices on the market and knows how to get you to the lowest price possible.

So should we start? Contact us and we’ll be happy to help!