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Israel – how does tourism help the real estate bloom?

Israel – how does tourism help the real estate bloom?

Israel’s landscape is comprised of lavish green northside of the country, which is filled with wildlife, across the country there are many forests, and protected natural habitats. the south has an arid desert, across the coastline there are beautiful beaches and across the country a combination of both historical landsites and modern architecture can be found.

Israel’s real estate is on the rise for more than over a decade, so it’s no wonder that so many foreign investors are buying assets in this middle eastern pearl.
it’s well above 15 years that Israel’s real estate prices are on the rise, and assets are doubling their worth, this trend seems to continue without stopping for the upcoming years. Last year Israel’s north saw an 8% rise in overall real estate prices, while the center saw a rise of 9%, in the Jerusalem an 8% rise was recorded.
So how tour operators in israel help real estate market bloom? Tour operators who have vast knowledge of the country can provide a detailed and thorough tour to people on vacation or inquiring potential buyers. Some tourists fall in love with the country after such a tour and decide to buy property. Israel is quite a small country, driving from tel aviv to the north border is about 2 hours, from tel aviv to eliat 4 takes hours and from the holy city of Jerusalem to exciting tel aviv takes less than an hour, so nothing is too far away if you are willing to drive. Tour operators organize well thought out trips around the country for many visitors and tourists.

Due to Israel’s Law of Return many Jews are making Aliyah (Hebrew word for migrating to Israel) from across the world, many of those olim (people who have migrated) are buying real state in desired locations across the country such as Tel Aviv, Jerusalem, Haifa and more. Furthermore, many foreign citizens are also not giving up on real estate opportunities in the land of Israel after experiencing all that the country has to offer.

Real estate prices may vary from city to city and neighborhood to neighborhood. Froom around thousands of shekels to millions. In some cities outside of Israel’s center prices can be quite low, and quite high in a big metropolitan city such as Tel Aviv.

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Deborah Touitou

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