Mechir Lamishtaken

Explained
Also known as the Buyer Fixed Plan, this initiative
from the State of Israel helps facilitate the buying
of a first apartment with preferential terms,
including at less than the market price.

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 HOW IT WORKS

The Israel Land Authority and Ministry of Construction and

Housing markets new housing projects to developers for bids

Apartment plans and pricing are submitted and

approved by the Ministry of Construction and Housing

Deadlines for project applications are published

by the developers and construction companies

Online registration for the project is opened for a

period of 28 days on the Government's website

AND FINALLY...
The lucky winners
are alerted
NEXT UP
Winners are chosen via a
computerized lottery Appointments are
conducted by the scheduled and
Ministry of Construction apartments selected
and Housing

Contracts are signed

Mazal tov!
THE MECHIR LAMISHTAKEN PROGRAM
IS DESIGNED FOR THE FOLLOWING
CATEGORIES OF FAMILIES:

Married or
common-law couples

Individuals over
35-years of age

Single parents with at least one

single child under the age of 21
who lives with the parent**

Permanently disabled individuals age

21+ who are confined to a wheel chair
and approved by the Ministry of Health**

**Special considerations apply

 AND IS INTENDED FOR ALL THOSE
"LACKING HOUSING" DEFINED AS:

Someone who does not hold rights

to an apartment under construction

Has not rented an apartment that is

under the Tenant Protection Law
(key money) for the past six years

Has not owned an apartment or part

of an apartment for the past 6 years

Is not an heir to housing units

on estates, farming communities
or community settlements
 A "local resident" is

Location,
defined as someone
who has lived within
the jurisdiction of the

Location, Regional Authority

3
for the last

Location
Benefits for Local Residents - OR-  
If you are interested in buying an
apartment in your current locality,
and have lived there for the past few
4
years, you may be given a priority in out of

10
purchasing a home in that area.

years
from where the
project will be built
LIVING ON THE EDGE YOUR WISH IS
GOVERNMENT
THE GOVERNMENT ALSO
GRANTED!
ENCOURAGES RESIDENCE IN
THE PERIPHERY REGIONS 60,000 NIS
Awarded to those
As an incentive, to those buying in:
grants will be awarded Dimona, Ofakim,
to those purchasing Hatzor Haglilit,
homes in those areas Yeruham, Migdal
Haemek, Maalot,
Tarshiha, Mitzpe
Ramon, Nazareth,
Nazareth Illit,
Netivot, Arad,
Grant amounts are
Kiryat Shmona, and
determined based on
Sderot
property value without
development costs
&
40,000 NIS
Awarded to those to
those buying in:
Grants are awarded by
Eilat, Ashkelon,
the banks after signing
Harish, Afula, and
the contract and Rikus
obtaining a mortgage

Source: hon.co.il
 FLOOR AND WALL TILES

Your choice between:

different types

and at least

HOUSE OF PANE
different styles

Double glazed
windows: aluminum
double windows

A minimal
Aluminum windows with entrance
built-in frameworks for
screens lobby to the
building

Window blinds in all openings

except for the kitchen and
bathrooms

A utility room
in apartments
of 3+ rooms
 YOU CAN COUNT ON IT
Size of kitchen counters included in apartments
with 3+ rooms:

meters
Made from either marble or Caesarstone and
in a choice of at least three colors

Number of
electric outlets
in the kitchen:

phase electric current

supply in apartments
with three rooms
or more
NO FLIPPING OUT!

The minimum
number of years you must
wait to sell a home
purchased through
Mechir Lemishtaken
are either:

While Machir Lemishtaken

may seem like a great deal, it
isn't intended to turn a quick profit

from the time of receiving

permission to build
(4 ‫)טופס‬
OR... from the day
you in the lottery!
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