What are Transferable Development Rights in Israel? Most cities in Israel have historical buildings, sites and neighborhoods. The law mandates that each municipality do a survey of all its historical sites and buildings in accordance with certain criteria. Did an historic event take place there? Was the building designed by
Due diligence. Due diligence. Those two words are the key to any successful business deal. Why should it be different when buying real estate? It certainly should not be different when buying real estate in Israel, whether you live abroad or in Israel. Before entering a real estate transaction there
Tel Aviv is getting a facelift. As an example, the photos below were taken in the area of Ahad Ha’am Street where many historical buildings have undergone or are undergoing renovations. Most of the buildings are residential buildings with the exception of a stunningly beautiful building with the arches filled in with glass.
It is well known that there is a shortage of hotel rooms in Tel Aviv. Most of the hotels are built along the beach. However, there is a dire lack of hotel rooms in the center of town away from the beach area. Several developers have taken up the call
There are several ways to preserve historical sites and buildings, depending on the type of site or building, the historical significance and the physical condition of the site. The preservation of a single building. This form of preservation preserves the outer façade and inner structure of a building in its
Ever since the beautiful “Gymnasia Herzylia” building was demolished in the late 1950s and replaced by the Shalom Towers, the preservation of historical buildings in Tel Aviv has become a hot topic. Over the past twenty years we have witnessed several preservation projects, but it was only three years ago
Globes recently reported that the construction company Y.H. Dimri sold an option for the sale of six historical buildings in Tel Aviv to the French businessman Gerard Bukovza. The price of the option is 1.9 million NIS, which the purchaser will not get back even if the deal does not