FAQs

Property owners in Israel will need extensive support because managing a rental property can be time-consuming and requires specialist knowledge and experience. Eretz Management handle all aspects of property ownership, including rent collection, maintenance, repairs, tenant screening and legal compliance, freeing up property owners' time and ensuring that their properties are perfectly managed.

Yes. Many of our clients do not use their properties for rental, but they still use our property management services for dealing with maintenance and repair issues that can arise from time to time along with unexpected expenses that are required.

Empty properties need to be checked from time to time to ensure that there are no issues, such as leaks or electrical problems, especially during the winter months.

We provide an inspection report on a monthly basis for all the properties that we manage in this way.

Our typical clients live overseas and own either residential or commercial properties. Many of our clients want to generate rental income from their properties without having to deal with the headaches involved.

However, we also have clients who own property in Israel who want to have the property taken care of whilst it is empty and ready for their return.

Yes, we can manage properties almost anywhere in Israel, with very few exceptions. We are able to effectively manage properties from Beersheva in the south until Tiberias in the North.

We are able to make any payments on behalf of our clients.

The majority of our clients have standing orders for all the regular bill payments such as Vad, Arnona, Electricity, Gas & Cable. But we are more than happy to cake care of these if required.

We will also pay for any any expenses required for scheduled maintenance work, landscaping and any unexpected building works or repairs that are necessary.

Of course!

We are here to protect the interests of our clients and we have very strict procedures in place to ensure the quality of the tenants that we find.

Furthermore, all lease contracts are approved by our in-house legal team.

Yes. Whilst this service is not a requirement for all of our clients, as a matter of course, detailed photos are provided on all tenant changeovers

Yes. Whilst the primary focus of Eretz Management is to provide management services to real estate owners who already have properties we also offer a fully managed acquisition service on behalf of our clients

The laws regarding property management in Israel are defined within Israeli Landlord and Tenant Law. This law covers a wide range of issues related to property ownership and management, including lease agreements, rent collection and tenant eviction

Our service is tailored to your requirements but can include all or some of the below:

Maximise your investment return

Rent Administration

Handling maintenance and repairs

Managing tenant relations

Advertising vacancies and showing the property to potential tenants

Enforcing lease agreements

Attending property related meetings as required

Overseeing the property's financial operations, including budgeting and accounting

In Israel, tenants have a number of rights, including the right to a written lease contract, a habitable living space, and the right to privacy. Landlords are required to provide notice before entering a tenant's living space, and they cannot evict a tenant without a specific court order.

Landlords in Israel have the right to collect rent, enforce lease agreements, and evict tenants if necessary. However, landlords must follow specific legal procedures when evicting a tenant, and they cannot discriminate against tenants based on race or religion.

Yes, landlords in Israel can raise rent, but they must provide notice to the tenant before doing so. The length of notice required depends on the duration of the Tenancy agreement.

Yes, landlords in Israel can withhold a portion of the security deposit if the tenant has caused damage to the property or if there are unpaid rent or utility bills. However, landlords must provide a detailed account of any deductions from the security deposit and return the remaining balance to the tenant within 30 days of the end of the lease agreement.

Residents: First Property

Amount in NIS Tax

0 – 1,919,155 0%

1,919,155 – 2,276,360 3.5%

2,276,360– 5,872,725 5%

5,872,725 – 19,575,755 8%

19,575,755 and over 10%

Olim

Amount in NIS Tax

0 – 1,928,220 0.5%

1,928,220 and over 5%

Additional Apartment for Non-Residents

Amount in NIS Tax

0 – 5,872,725 8%

5,872,725 and over 10%

The current rate of VAT in Israel is 17%. If you order items online then you will pay 17% on the value of the goods from $75. Certain items can also attract customs duties above $75 depending on the item.

Arnona is a tax on property or land that is paid to the municipality (local council) usually every two months. The size of property and the locality define the amount.

There can be significant discounts for some residents. This could include persons on income support, the disabled and other categories. Usually, the arnona varies from 500 NIS for a small apartment to 1,500 NIS and higher for bigger apartments (for two months).

Va’ad Habayit is the residents’ committee assosiated with a particular

block of apartments. They manage or appoint a managing agent for the building and determine the monthly service charge.

Service charges can be anything from 100-1500 Shekels monthly, but most average family type apartments average between 200-500 per month.

Yes you can purchase a property before making Aliyah, but you will need to factor in that the purchase tax concession is not available to you prior to making Aliyah. However, if you pay a bit more with purchase tax, prior to aliyah the increase in property prices as a property owner far outweighs this.

The cost per kilowatt for residential usage is about 0.6 shekels (0.16 cents). This is below the world average of about 0.18 cents per kilowatt.

With a lot of dwellings using solar panels to heat the water most of the year, this makes Israel relatively inexpensive for domestic energy consumption.