Ron Ram Sasson are a young married couple, Bat Yam. Four years ago, before they got married, bought loud old apartment in Bat Yam, later last renovation and reinforcement according to plan 38, and has become obsolete apartment of two rooms, three-room apartment with balcony and elevator.
The couple now live in this apartment, but they are already thinking ahead, and recently bought a new four-room apartment in Kiryat Ono project, will be ready for occupancy in two years. The old apartment had not yet sold.
Sean couple are the only ones operating in this way. The last survey published by the Ministry of Finance chief economist, who reviewed the housing sector in June, showed that this phenomenon in upgrading their housing - to buy new apartments on paper, will be ready in two to three years, and this was before they sold their apartments.

These purchases stand at the base of optimism: The aim of purchasers is to get a bigger discount on the apartments. They also save money because they do not have to live in the meantime, rent, and in many cases, they can receive extensive financial benefits.
The developers obviously aware of this phenomenon and encourage it. The project in which the couple bought the apartment Sasson called "Aomami" Ariel Sharon in Kiryat Ono, and developer in this case is the collapsed real estate. Upon completion, the project will include 742 apartments on 6 towers of 31 floors, and the couple who bought the apartment in the first tower, populate the summer of 2021.

Ram Sasson says that what attracted him to the project was relatively convenient price - 2.485 million, four-room apartment - but not just price. Collapsed real estate financing which give 20% of the purchase price will be paid as a down payment when signing the contract, 70% three months prior to delivery of the apartment, and the remaining 10% 14 days before delivery. In addition, the company provides an exemption from indexation to 18 months.
"That was my main consideration in purchasing a home in the project - that it is exempt from indexation, financial savings and also gives peace of mind. Know what the final price of the apartment," said Ram, who is convinced that he could sell his current apartment.
The amount of down payment to 20% solved Ram original way: because his old apartment underwent an upgrade plan 38, during which added to her room, balcony and lift, the value jumped to $ 700 thousand shekels, which allowed him to increase his mortgage he took it, and use it to achieve equity in the new apartment.

Early buyers new apartment from a contractor has another advantage - taxation. Attorney Efrat Rosinski from the Attorney Meir Mizrahi says when it comes to new apartment purchase tax must be paid only after months of receipt of Form 4. For example, those who buy an apartment two years before the occupation, have three years to sell the old apartment, compared to those who buy an apartment second-hand, needs to sell the apartment within 18 months otherwise would have to pay purchase tax in the amount of 8% of the new apartment. It is significant interest especially given the growing period for the sale of an apartment near 2.

"It is also important buyers of apartment interior design"
"Most of the energy of entrepreneurs facing today improves housing for young couples are turning to price occupant and investors almost disappeared from the market," said Saban fan, chief marketing officer of Donna. "The method of payment of 20% signing the contract and 80% at the time of entering the apartment very comfortable housing improves. This is also the public knows what he wants from his apartment, and it is very important the interior design and decor of the apartment, and things will get typically only rent on paper or in the initial stages of construction.
"Beyond that, up until a year or two people believed politicians prices have dropped so afraid to buy an apartment in the paper for fear that sell the existing apartment of their value dropped and they will find it difficult to accept payments. Today they realize that prices have not fallen. Maybe sales pace is slower, but prices are not coming down. "

The last survey published by the Ministry of Finance chief economist, found the apartments sold in the open market long before populating them, receive larger discounts than apartments are close to completion. "When considering the prices of apartments purchased with a range pass close to the date of signing the contract and those sold with delivery dates far, especially apartments are sold with a term delivery of two or more years, found that in some regions, prices of apartments sold with term delivery of two years and above are significantly lower than those sold shorter-term delivery, "wrote economist, noting that" this finding may provide at least a partial explanation for the great willingness of the housing enhancers buy an apartment in this area have not yet sold their previous apartment. "

"Some prices have fallen in two years?"
Testing conducted by economist about housing prices showed that the new apartments sold recently in the area humiliation when their occupancy time ranges from one month per year were sold at levels of about 2.4 million, while the apartments sold during the occupancy of more than two years and have sold about 1.8 million. Apartments were sold two years, or more are discounted apartments also because of the time span up to house, and because of cheaper apartments are usually sold first.

And as demonstrated in testing economist - the developers are willing to settle for significant sums for such apartments. 

Interestingly apartments sold for immediate occupancy sold actually relatively low price of 1.9 million - perhaps because the last remaining apartments projects are often less desirable than those already purchased and thus more entrepreneurs willing to compromise on their prices.
But ultimately improve housing buy an apartment before selling the existing apartment - taking a risk, because it's a purchase with a range of two to three years, and uncertainty about what will happen in the market is great. What else right now, the average time that a second-hand apartment on the shelf stands up for sale lengthened. According to the latest survey of finance, this duration has been increased from 10 months in January 2018, nearly 18 months last May.
"There is also concern that prices have fallen," admits loud, but stresses that does not consider the step taken by Ron and as a high risk. "Even if that happens, the low price and the benefits of funding to balance things and eventually, if all the conditions will be the same as those of today - I do not see a decline. And if you will - how much prices can go down in two years?"