Real estate in Israel has been growing exponentially. Not only Israeli residents, but even Americans and foreigners are investing on Israeli soil in a bid to make attractive returns. Some investors invest in residential properties while others invest in commercial properties. Well, there are others who buy a residential home to reside in the holy land.
Commercial vs Residential
Both commercial and residential properties promise a decent rental income. However, which is better?
Here’s a broad outline of why investing in commercial properties is more beneficial than investing in residential homes.
- Commercial properties are expensive compared to residential properties. They therefore, generate higher rental income.
- In residential properties, mostly the owner is responsible for repairs and maintenance, while tenants are mostly responsible in commercial properties.
- Capital appreciation is higher in commercial properties, thus, promising a hike in rental income too.
Real estate investment in commercial properties is more complicated than investment in residential properties. However, with the assistance of a reputed real estate lawyer in Israel, the complications can be eliminated. Thanks to their unsurpassed knowledge and experience, they can assist their clients through the buying process.
Aharoni Law
If you too are interested in investing in the Israeli real estate market, hire the services of a reputed law firm like Aharoni Law Firm. They are not only well versed with real estate law, but also with Israeli Business law, Contract Law, Succession Law, and more. Moreover, their primary motto is to educate their clients with the minutest details of Israeli law, which most foreigners are unaware of. Lack of knowledge often puts foreigners in a soup. The lawyers here assist them through different processes smoothly, for instance buying process, inheritance process, inheritance rights, etc.
The Aharoni Law Offices 