A market survey conducted by Franchi Real Estate among a sample of nonresidents who purchased apartments in Israel in 2018 states that the cities most desired by nonresidents to purchase an apartment for investment or residential purposes are: Tel Aviv, 41%, and then Jerusalem at 17%, and in third place, Netanya and Ra'anana at 5%Marcello Incellini, CEO of Franchi Real Estate, notes: "In the last year there has been an increase in the phenomenon of nonresidents buying apartments in Israel for residential purposes (65%) compared with 35% who purchased an apartment for investment purposes. (About 5 years ago, only about 50% purchased apartments for residential purposes.)Among the two highest deciles of foreign residents who purchased apartments in Israel in 2008, about 80% purchased apartments in Tel Aviv, most of them penthouse apartments.
A market survey conducted by Franchi Real Estate among a sample of nonresidents who purchased apartments in Israel in 2018 states that the cities most desired by nonresidents to purchase an apartment for investment or residential are: Tel Aviv, 41%, Jerusalem 17%, Netanya 5%, Ra’anana 5%, and then the Dan Region (Petah Tikva, Givatayim) 4%, Ashdod 4%, Herzliya 4% and Bat Yam 3%. All the others are dispersed throughout the country. 41% Tel Aviv17% Jerusalem5% Netanya5% Ra’anana4% Dan Region (Petah Tikva, Givatayim)4%Ashdod4% Herzliya3% in Bat Yam17% the rest of the country