First Apartment in Jerusalem 2026 | Guide for Buyers | חדשות נדל"ן | מרכז הנכסים

Buying a First Apartment in Jerusalem 2026

Purchasing a first apartment in Jerusalem is a challenge, but with proper preparation, it is definitely possible. Here is the complete guide for new buyers.

Minimum Required Budget

For a 3-room apartment in neighborhoods like Pisgat Ze'ev and Ramot, you will need 2.5-3 million ₪. Minimum equity: 500,000 ₪.

Government Assistance

Eligible buyers can apply for mekhir lemishtaken and affordable housing in Jerusalem. The lotteries take place several times a year.

Important Tip

Check for tax benefits for first-time homebuyers – exemption from purchase tax up to 1.9 million ₪ can save tens of thousands of shekels.