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who is that fishinzon in the photos? :)
 

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500,000 us$ for a very small house up to 1-3 million for a big one

if you came 15 years ago, you could get it for one zero less..
 

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source26 said:
500,000 us$ for a very small house up to 1-3 million for a big one

if you came 15 years ago, you could get it for one zero less..
Sounds like it would have been a good deal to buy back then and sell now :runaway:

What about the old-city of Jaffa, is that also very expensive ?
 

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urbane said:
Sounds like it would have been a good deal to buy back then and sell now :runaway:

What about the old-city of Jaffa, is that also very expensive ?
Its hard to determine the prices for places in Israel.
A few threads ago, someone posted showing how much each region in Israel rose or went down. It was really good. The only place that went up is Tel Aviv and area...

The prices in Israel fluctuate and in the past few years it went up and then down and then it fixed itself and now its going up. Infact, there is a demand for houses in Israel from people abroad, especially from France.

Jaffa is good, but its old. Especially the 'tourist' part of Jaffa is very expensive. I personally found jaffa to be a very modern and high in there city for some reason. I dont know how others view it. Its a nice city to walk along at night
 

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Well, real estate prices fluctuate everywhere, so it makes sense that this happens in Israel. The demand for housing from abroad, is that for second homes ? Or for Jews who did aliyah and look for permanent residences ?
 

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urbane said:
Well, real estate prices fluctuate everywhere, so it makes sense that this happens in Israel. The demand for housing from abroad, is that for second homes ? Or for Jews who did aliyah and look for permanent residences ?

Both cases.
Mainly what i can say is that the biggest amount of people who buy property are Americans and French.

The French by them so that they can move sooner or later. So what they do is that they purchase land and then move into the property. Sometimes they visit it or they just buy it and come to Israel ASAP. A hot spot for them is Netanya as well as Tel Aviv if they can afford it...

The Americans on the other hand buy resorts and 2nd homes. Mostly in Jerusalem and go to it once or even 4 times a year. Usuaully on some cases there kids will use it when they are travelling in Israel or are studying. A hot spot for them in Jerusalem...
 
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